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Crystal Clear Title & Escrow Co.

Private Mortgage Insurance PMI

What Is Private Mortgage Insurance? Traditional banks and private lenders require homebuyers to pay for private mortgage insurance when they make a down payment less than 20 percent. Private mortgage insurance, often referred to simply as PMI, protects the lender in case the borrower fails to pay the loan. Private mortgage insurance fees are based [...]

2017-02-04T23:03:02-05:00July 13th, 2016|Real Estate Tips|

Michigan to get Flat Rate Recording Fee’s ?

Recording costs have always been a variable of nuisance when it comes to buying or selling a new home, refinancing an existing mortgage, or any other type of documents you may need to have recorded with the county’s Register of Deeds office. Why? Each county in the state of Michigan has the ability to [...]

2017-02-04T23:03:03-05:00December 3rd, 2015|Industry News, Local News|