Mortgage Insurance Tax Deductible
Mortgage Insurance tax deductible in 2007 for some Delaware homeowners. This means for some home owners looking for a 100% financing, it may be cheaper to get one mortgage with mortgage insurance rather than a piggy back loan. A piggy loan is a 2nd mortgage loan that is used in conjunction with a first mortgage loan that is only 80% of the purchase price to avoid paying mortgage insurance. If you have questions about mortgage insurance feel free to call 302-703-0727 to speak to a Delaware Loan Officer.