Lincoln Crossing
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Call Shawn Today!
Broker/Owner
North American Realty
916-224-1688
DRE#01250983
Call me today so I can help you find the best deal around. Whether you are looking for a REO, Bank owned , preforeclosure or short sale. I have handled it all over my 12 years of real estate experience.
So if you are looking to buy, sell, or invest in real estate make sure you call me today.
Also make sure you take advantage of our Buyers Cash back program.
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Private Mortgage Insurance
Private mortgage insurance is a type of insurance that helps protect the mortgage company against losses due to foreclosure. This protection is provided by private mortgage insurance companies and allows mortgage companies to accept lower down payments than would normally be allowed.
Private mortgage insurance also enables mortgage companies to grant loans that would otherwise be considered too risky to be purchased by third party investors like the Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation (FHLMC). The ability to sell loans to these investors is critical to maintaining mortgage market liquidity, which in turn, allows mortgage companies to continue originating new loans.