When Can Mortgage Insurance Be Removed?

when can mortgage insurance be removed

If you pay a premium to cover your mortgage loan, you probably want to eliminate that expense as soon as possible. When can mortgage insurance be removed? When can you stop factoring this expense into your budget? Champions Mortgage, a trusted mortgage broker in Houston, TX, understands how private mortgage insurance works. We explain its […]

How Long After a Bankruptcy Can You Get a Mortgage?

how long after a bankruptcy can you get a mortgage

After declaring bankruptcy, you might feel like it’s the end of a healthy financial life. While bankruptcy does have lasting effects on some monetary aspects, it does offer a light at the end of the tunnel. For example, you can eventually purchase property after your bankruptcy.  How long after a bankruptcy can you get a […]

My Mortgage Is Too High: What Can I Do?

my mortgage is too high what can i do

If you find your mortgage payments too high for your current income, you’re likely searching, “My mortgage is too high. What can I do?” As a trusted mortgage broker in Houston, TX, Champions Mortgage can help you understand the factors that lead to a mortgage you can’t afford and the steps you can take for relief. We’re […]

How Much of Your Income Should Go to Mortgage?

how much of your income should go to mortgage

Purchasing property is a significant and potentially life-changing investment. While this milestone is worth celebrating, it comes with more permanent responsibilities and consequences than renting typically does. Champions Mortgage, a mortgage broker in Houston, TX, helps hopeful homeowners achieve the American dream.  Our team has extensive experience in helping new homeowners navigate mortgage challenges. How much of […]

Are Property Taxes Included in the Mortgage?

are property taxes included in mortgage

Calculating the costs of home ownership is often complex. As a new homeowner, you might have a few questions. For example, are property taxes included in the mortgage?  Champions Mortgage helps clients afford houses and we assist with purchases and cash-out refinance in Texas. We answered this common question below to help you navigate your future […]

How To Remove MIP From FHA Mortgage

how to remove pmi from fha mortgage

Federal Housing Administration (FHA) loans make affording houses accessible to prospective buyers with lower incomes. However, FHA loans require you to pay a mortgage insurance premium (MIP). Thankfully, you may be able to start the FHA loan MIP removal process before the end of your mortgage. Here, our Champions Mortgage team can teach you how […]

The Basics of Homeownership

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Learn about the essentials of owning a home, from mortgage payments to property insurance and maintenance.

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