Home Possible Advantage: 97% LTV
You will have to pay PMI (Private Mortgage Insurance) and can expect this to add an extra $40 – $80 per month for every $100,000 borrowed. Once you have paid off at least 20% of your loan you can go back and renegotiate with your lender to have the PMI removed. The Home Possible Advantage does have tougher credit standards than other low down payment mortgages, including lower debt-to-income ratios.
Self-Employed Borrower, Tax Year 2015 SAM cash flow analysis worksheet Rental income worksheet
Elementary School Teacher Needed in Asia
Teaching – Elementary School
An experienced teacher or a new graduate with an Elemenary Education degree is needed to teach at an elementary school in Asia. Teach for one or more quarters or for a year. The school year starts in June.