With homebuyers feeling confident about the real estate market again, they are wanting to “move up”. Problem is, money.

So they think they can do FHA 3.5% down. RIGHT. But they already have an FHA loan. WHAT to DO? Well, if their family has grown, or they are moving more than 75 miles away because of their job, or have 25% equity in the home that has an FHA loan, they can get another one.

What if they have a short sale 2 years ago, YES, they can still buy.

So while you might not LIKE mortgage insurance, it opens doors that would otherwise be sealed shut. Call me with any scenarios. Don’t walk away!