Mortgage Info

Now mortgage insurance is making
more sense than ever!


Brand new legislation now allows homeowners with up to $100,000 combined income to deduct
mortgage insurance premiums from taxable income. The law is effective for the 2007 tax year.

MI tax deductibility is one more reason to offer traditional loan options, such as fixed-rate loans
protected by MI, instead of the expensive and unpredictable piggyback.

Not only is MI tax deductible, it can also be cancelled AND there's no unexpected
payment increase as with piggyback ARMs.

What can I do if I need to do stated income?

We still have programs, but credit scores need to be higher. Call us at 877-562-5123 so
we can discuss details with you. Guidelines are changing everyday!

The Conforming Loan Amounts is up to $725,000!

Yes, but.......it depends on where your property is.
Call us at 877-562-5123 to learn if your property is eligible!

Repair your credit today with Lexington Law