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Mortgage Insurance
Helping You To Buy The Home You Want
Mortgage insurance (MI) allows you to choose from a wider price range of homes. How? We can generally accept a lower down payment than the standard 20% if Lakewood Lending Group, LLC obtains mortgage insurance on your loan through a mortgage insurance company. You can not only get the home you deserve, but you can conserve your savings and increase your income tax deductions, just by putting less money down.

Buy More Home
You may be able to afford more home and maximize your investment if Lakewood Lending Group, LLC obtains your Mortgage Insurance for you.

  Without MI With MI
Down Payment 20% 10% 5%
Your Available Savings $20,000 $20,000 $20,000
Maximum Home Price $100,000 $200,000 $400,000

Financing a home with a low down payment may be the best way to afford a home in high-priced markets.

Conserve Your Savings
The lower your down payment, the more you retain for home furnishings, other investments, future emergencies, or even college tuition.

  without MI with MI
Home Price 20% 10% 5%
Down Payment 20% 10% 5%
Cash Down Payment $20,000 $10,000 $ 5,000
Your Available Savings $20,000 $20,000 $20,000
Savings Retained $0 $10,000 $15,000

Even if you have less than $20,000 saved, you can still afford to buy a $100,000 home with a lower down payment option if Lakewood Lending Group, LLC obtains MI on your qualified loan from a mortgage insurance company.

Increase Your Tax Write-off
A larger loan amount will have higher interest payments and could result in higher tax deductions.

Special Note
It is very important to understand that you must have additional 'reserve' cash after the down payment. Reserves should equal a minimum of 2 to 3 months housing payment, taxes and insurance.
  Lakewood Lending Group, LLC
5023 East 56th Street, Suite 130
Indianapolis, IN 46226
Phone (317) 348-2284
Fax (866) 667-8834

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Aboite, Adamsboro, Advance, Alexandria, Ambia, Anderson, Angola, Anoka, Arcola, Ari, Art, Ashboro, Asherville, Attica, Auburn, Aurora, Azalia, Batesville, Bean Blossom, Bedford, Bee Ridge, Beech Grove, Belmont, Benwood, Berne, Bethlehem, Bicknell, Big Springs, Billtown, Billville, Bloomington, Bluffton, Boonville, Borden, Boston Corner, Boswell, Bowling Green, Brazil, Bringhurst, Burlington, Burnsville, Burrows, Butler, Camden, Camp Roberts, Cannelton, Carbon, Cardonia, Carmel, Center Point, Ceylon, Charlestown, Chase, Christiansburg, Clarksdale, Clarksville, Clay City, Clifford, Clinton, Cloverland, Clymers, Coalmont, Columbia City, Columbus, Connersville, Converse, Corn Brook, Cornelius, Cory, Covington, Crawfordsville, Crown Point, Cuba, Curryville, Cutler, Deacon, Decatur, Deer Creek, Delphi, Dover, Dunkirk, Dunn Mill, Dunnington, Eagle Village, Earl Park, East Chicago, Edgerton, Edinburgh, Elizabethtown, Elizaville, Elkhart, Elkinsville, Elwood, Evansville, Fayette, Flora, Fort Wayne, Fowler, Frankfort, Franklin, Freeland Park, Fruitdale, Galveston, Garden City, Garrett, Gary, Gas City, Gatesville, Geneva, Georgetown, Gnaw Bone, Goshen, Grabill, Grammer, Greencastle, Greendale, Greenfield, Greensburg, Greenwood, Halls Corners, Hammond, Harlan, Harmony, Hartford City, Hartsville, Hazelrigg, Helmsburg, Henryville, Hessen Cassel, Hoagland, Hobart, Hoosierville, Hoover, Hope, Howesville, Huntertown, Huntingburg, Huntington, Indianapolis, Jamestown, Jasonville, Jasper, Jeffersonville, Jonesboro, Jonesville, Kendallville, Kenneth, Knightsville, Knox, Kokomo, La Porte, Lafayette, Lake Cicott, Lake Everett, Lake Station, Lanam, Lawrence, Lawrenceburg, Lebanon, Leo-Cedarville, Lewisburg, Ligonier, Lincoln, Linn Grove, Linton, Lockport, Logansport, Loogootee, Lowell, Lucerne, Madison, Magley, Maples, Marion, Martinsville, Marysville, Matamoras, Mechanicsburg, Memphis, Metea, Miami Bend, Michigan City, Milledgeville, Millgrove, Mishawaka, Mitchell, Monmouth, Monroe, Monroeville, Monticello, Montpelier, Mount Healthy, Mount Liberty, Mount Pleasant, Mount Vernon, Muncie, Nabb, Nappanee, Nashville, Needmore, New Albany, New Brunswick, New Castle, New Haven, New Washington, New Waverly, Newbern, Noblesville, North Ogilville, North Vernon, Northcliff, Northfield, Nortonburg, Oak Park, Oakland City, Ockley, Ogilville, Old Saint Louis, Onward, Otisco, Otterbein, Owasco, Oxford, Perth, Peru, Petersburg, Peterson, Petersville, Pikes Peak, Pittsburg, Pleasant Mills, Plymouth, Poe, Point Idalawn, Poland, Pontiac, Portage, Portland, Potawatomi Point, Preble, Princeton, Radnor, Raub, Rensselaer, Richmond, Rising Sun, Rochester, Rockfield, Rockport, Roll, Rosston, Rosstown, Royal Center, Royalton, Rugby, Rushville, Saint Louis Crossing, Salem, Saline City, Scottsburg, Sellersburg, Seymour, Shamrock Lakes, Sharon, Shelbyville, Sleeth, South Bend, Southport, Spearsville, Speed, Starlight, Staunton, Stearleyville, Stone Head, Stony Lonesome, Story, Sullivan, Swanington, Taggart, Talbot, Taylorsville, Tell City, Templeton, Terhune, Terre Haute, Thorntown, Thurman, Tillman, Tipton, Townley, Trenton, Trevlac, Turner, Twelve Mile, Twin Beach, Ulen, Union City, Utica, Valparaiso, Vincennes, Wabash, Wadena, Walesboro, Wallen, Walton, Warsaw, Washington, Watson, Waugh, Waycross, Waymansville, Waynesville, West Lafayette, Wheeling, Whitestown, Whiting, Winchester, Woodburn, Yeoman, Yoder, Young America, Zanesville, Zionsville, Zulu
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