United Guaranty Insights United Guaranty Insights Archive—June 2016

MI vs. FHA: A Closer Look at Borrower Costs
Peter May
By Peter May, Vice President, Strategic Accounts
United Guaranty Corporation
Posted on June 27, 2016

There's clearly a growing need for mortgage insurance in today's market. The National Association of Realtors has estimated that it can take a prospective home buyer 12 years to save enough to make the 20 percent down payment lenders typically require.

The Rising Role of Gifts and Grants in the Home Buying Process
Troy Rampy
By Troy Rampy, Regional Vice President-Central Region
United Guaranty Corporation
Posted on June 10, 2016

Gift funds and grants have become an increasingly popular option for qualified home buyers. There are still many potential buyers who aren't aware of how gifts and grants can make a home purchase possible. To accommodate the needs of buyers turning to loan officers for guidance on gifts and grants, here is some important information on the latest requirements.