Healthy Paws

Editor’s Note: Healthy Paws is a column sponsored and written by the owners of Clarendon Animal Care, a full-service, general practice veterinary clinic. The clinic is located 3000 10th Street N., Suite B. and can be reached at 703-997-9776.

Stress and anxiety are not a uniquely human problem. We see our pets display behaviors that indicate they are stressed or anxious in a given situation and how they express these anxieties can vary from hair pulling (barbering), pacing, digging, chewing/destructive behaviors, barking/vocalizing and inappropriate elimination, to name a few. What is important to understand is that at their root, these behaviors are based in NORMAL behaviors, but are inappropriately or exaggerated in how they are displayed – and over time can get worse. Author and researcher Laurel Braitman, PhD gave an interesting TED talk and wrote a book on the topic – and is worth watching/reading if you are further interested (especially if you’re interested in how study of animal mental disorders relates to evaluation and treatment of human mental disorders).

Separation anxiety – that is, a fearful response when a dog is separated from someone it is attached to – is a common behavior problem in dogs (but is rarely seen in cats).  The most common complaints from owners of dogs with separation anxiety are destructiveness, house soiling, escape attempts from the house or yard and/or excessive vocalizations when the dog is left alone. The degree of these behaviors can vary from mild to very destructive to the pet’s own body and surroundings.

When presented with a pet that is having separation anxiety – the questions we, as veterinarians, are first interested in have to do with:

  • Daily routine and any changes
  • Exercise – what and how much?
  • Diet – what and how much?
  • Medications & supplements – what, for how long and how much?
  • Other pets and social interactions
  • Other abnormal behaviors or changes to basic bodily functions

We then do a full physical exam to make sure there are no apparent underlying medical problems that need to be addressed. Primary neurological disease, vision problems, hearing (and ear infections), pain and sometimes other medications can play huge roles in exacerbating behavioral abnormalities.  We will often also consider doing baseline metabolic and thyroid function testing to be sure all physical systems are functioning normally, and to have a baseline if we end up considering medication.

Management of separation anxiety (and other anxious behaviors) should always involve behavior modification training that often includes desensitization and counterconditioning. Positive social interaction is often very beneficial for anxieties in general and is in all honesty a form of counterconditioning. In some cases, supplements or pharmacologic interventions may be needed to help bridge training sessions or for long term management. What does not work well is the use of medication in the absence of appropriate training and behavior modification. And let’s be clear and honest – the latter is the hard part, it’s the part that often requires professional one-on-one help and is the part that sometimes takes the longest…but it’s also the most rewarding part. It’s the part that allows you to connect with your pet and really help them become more confident and comfortable.

If your pet is experiencing separation anxiety, below are some resources where you can get guidance on how you can help you pet be more comfortable and confident on their own. We strongly recommend working with your veterinarian – make sure that your pet has no underlying physical health problems, make sure diet and exercise are appropriate for your pet, and get some initial feedback and guidance for resources to help manage your fur-baby at home.  But as we just said above – training and behavior modification is KEY to a successful management of an anxious pet…how does one find that extra help? Well, there folks who do an amazing job with behavior issues in our fur-children. Your veterinarian can likely point you to trusted resources and general guidelines on what qualifications to look for can be found here and the ASPCA has very similar guidelines. The Animal Behavior Society has a directory of Certified Applied Animal Behaviorists, Certified Professional Dog Trainers (CPDT) are also well versed in the training aspects of managing behavioral problems and then there are veterinary behaviorists – veterinarians who have years of additional training/research/education in behavior and are board-certified in their field. In the DC area we have two: Dr. Marsha Reich, DVM & Dr. Leslie Sinn, DVM.

For those really interested in learning more about their dog’s behavior – Decoding Your Dog is an excellent and informative read, as is How to Behave So Your Dog Behaves.

Additional online resources:

Dr. Sophia Yin’s blog: Separation Anxiety

Cornell Veterinary School’s Feline Health Center: Behavioral Problems

ASPCA: Separation Anxiety


Heartland Dental logoPlease join the Heartland Dental NOVA Team for an Open House Career Fair.

The career fair is taking place on Wednesday, July 20 from 11 a.m.-5 p.m. at the Residence Inn, National Harbor located at 192 Waterfront Street in National Harbor, Maryland.

We have immediate openings for Dental Assistants, Front Office and Dental Hygienists across the Northern Virginia area in Alexandria, Lorton, Springfield, Dale City, Dumfries, Manassas, Fairfax, Herndon and Ashburn.

Why join Heartland Dental? It is the largest Dental Support Organization in the U.S. and is a career-focused company looking for the perfect fit to assist with the growth and development of our supported practices. Heartland provides a wide range of continuing education, benefits and competitive pay. RSVPs are welcome but not required! Please show up with your resume and be ready to express why you feel you’d be a great addition to Heartland’s growing team!

RSVPs should email [email protected] and please visit our website for more information at www.heartland.com.

The preceding post was written and sponsored by Heartland Dental.


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This biweekly sponsored column is written by the experts at Gordon James Realty, a local property management firm that specializes in residential real estate, commercial real estate and home owner associations. Please submit any questions in the comments section or via email.

Real life isn’t a day at the beach. But investors interested in vacation or resort properties can see that day at the beach in their future. Today, we look at the implications and advantages of investing in vacation property.

Of course, this investment opportunity isn’t just for beach lovers. You may prefer mountain vistas, country farmlands, a dessert oasis, or even the lights of the big city. No matter the type of location, investing in property where vacationers enjoy spending time is a big lure. It is enticing to think about purchasing a home in your ideal location to add to your portfolio. You can use it a bit yourself and then rent out for the remainder of the year – or at least during peak seasons – to help cover the mortgage and other expenses. The appeal is real, but there are serious considerations for the investor.

Real World Implications for Investing in a Vacation Home

Purchasing a second home can become a heavy financial burden for many owners. Regardless of whether it will be used as personal residence or an investment property, many experts advise against purchasing a second home unless you can pay for it with cash. In addition to the initial financing of a vacation home, owners must realize:

  • The property may be vacant 90 percent of the year
  • Upkeep is required for the property to maintain value
  • You’ll see increased insurance premiums
  • Security issues may need to be addressed
  • There may be significant tax repercussions

The U.S. Internal Revenue Service frequently changes the tax rules governing the use of second homes and investment class homes. Lending institutions also make loan determinations based on the declared use of a second home versus investment class residential property.

Personal Use

How much time you spend using your vacation home determines how the IRS classifies your property and what your tax obligations will be. A vacation home is considered a personal residence if the owner uses it more than 14 days a year or more than 10 percent of the total number of days the property is rented. In those cases, the IRS limits the rental expense deductions to amounts equal to or less than your rental income.

If you rent the home out for 14 or fewer days, you don’t need to report the rental income and you can deduct the mortgage interest as a personal deduction.

Rental Use

If a homeowner uses the residence for fewer than 15 days a year or less than 10 percent of the time the property is rented, the IRS considers the home an investment property for income tax purposes and you must report your rental income. Financial institutions also treat the home as investment class property.

If you use the home for more than 14 days and also rent it for more than 14 days, you’ll have to calculate the percentage of time for each use to determine how to handle deductions. So, if you rent out the home 25 percent of the time, 25 percent of deductible expenses, such as mortgage interest and repairs, can be deducted to offset rental income.

The Upside of Vacation Real Estate Investing

The complexities of investing in vacation property may seem daunting, but there is a financial upside. Most properties located in desirable, popular locations enjoy higher than average appreciation. Savvy investors seeking bargain purchases may also find sweet deals in vacation destinations, because second home sellers are often motivated to sell quickly and foreclosures can be more common. Fluctuations in markets can create significant gain or immediate losses in vacation real estate ventures.

Expert Guidance and Management

Vacation and resort property real estate presents exciting options for investors, but the risks are considerable. As with all real estate speculation, industry experts are the best source of guidance. Trusted accountants, lawyers, real estate agents, property management services experts and loan brokers make up the A-team for any successful portfolio.

Vacation and resort investments also require more marketing and property management work. Rather than finding suitable tenants once every few years, vacation properties typically turn over every week. Rental competition in the destination is often fierce. And with every new tenant the property becomes vulnerable to damage and wear and tear. Partnering with a solid, reputable property management company will help you protect the investment, especially if you live too far away to keep an eye on the property yourself.

Read more in our series Investing in Your Future.


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Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by licensed broker Aaron Seekford of Arlington Realty, Inc. GET MORE out of your real estate investment with Aaron and his team by visiting www.MrArlington.com or calling 703-836-6116 today!

Please note: While Aaron Seekford provides this information for the community, he is not the listing agent of these homes. 

Nearly 60 Arlington County homes have been reduced in price over the past week. In addition to the prices of select homes hitting new lows, take a look at the mortgage rates out there.

Rates continue to float around record lows (as of July 11), with the 30-year fixed rate floating at approximately 3.44 percent, 15-year rates at 2.68 percent and 5/1 adjustable-rate mortgages at 2.8 percent.

These rates are working in your – the homebuyer’s – favor. With a strong local market, bargains emerging weekly and mortgage rates hovering at favorable rates, now is the time to GET MORE out of your investment.

As of July 10, there are 237 detached homes, 68 townhouses and 333 apartments for sale throughout Arlington County. In total, 59 homes experienced a price reduction in the past week.

Here is this week’s selection of Just Reduced properties:

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Aaron Seekford.


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This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Rosslyn resident. Please submit your questions to him via email for response in future columns. Enjoy!

Question: When making an offer to buy a home and the listing agent says that there is another bid in for the same home, can I get proof of that bid?

Answer: The short answer is no. There’s no way to get absolute proof of another offer (except when an Escalation Addendum is used, which I’ll address later), but there are strategies to help determine how legitimate the claim is.

Ask Questions

There’s a myth that agents aren’t allowed to disclose the details of an offer to another agent when, in fact, it’s perfectly legal unless the seller declines it in the listing agreement (rare). When I’m told about another offer, my first reaction is to ask questions about the competing offer’s terms, how/when the seller will make a decision, and anything else that’s relevant to the offer. In most cases, I’m able to advise my client with a high level of confidence whether or not the other offer is legitimate and the appropriate response.

Situational Awareness

Here are a few factors you can look at to determine the likelihood of multiple offers:

  • Days on Market: The highest chance for multiple offers is on/after the first weekend a property is listed, with the likelihood decreasing with each week that passes, and significantly after the first 3-4 weeks.
  • Price: If you think the list price seems below market price, you’re probably not the only one. In some cases, agents price a home to encourage multiple offers. If the deal seems too good to be true, be prepared to compete.
  • Rarity: The more rare the home is, the higher the likelihood of multiple offers. A 1BR/1BA 750sqft condo in Ballston for $425,000 is probably not going to generate competing offers, but a Lyon Village colonial with wrap-around porch, open floor plan, and 20,000 square foot flat lawn w/ privacy fence probably has a few buyers who have been waiting for 6-12 months for a home like that to hit the market.

Of course, multiple offers can come at anytime. I once had a listing that had one offer in over a year and then ended up with two offers on a random Monday. I couldn’t explain it and it was certainly an interesting conversation with the two agents who submitted offers.

Risky Business

Made up offers are a lot less common than you’d imagine because most agents understand how much riskier it is to negotiate using a fabricated offer instead of negotiating through strong counter offers and honest negotiations. The risk comes from the number of buyers who have no interest in getting involved in a competitive offer situation and will withdraw or stop negotiating when they find out about a competing offer. The risk of losing one legitimate offer to a fake one keeps most agents honest.

Escalation Addenda Work

If you doubt the merits of a competing offer, but want to keep yourself in contention if the offer is legitimate, an Escalation Addendum may be the best way to proceed. If the seller chooses to ratify your offer using an escalated sales price through the Escalation Addendum, they must provide “a complete copy of [the] other offer used to justify the escalated sales price.” For a more detailed explanation of Escalation Addenda, see my previous article for ARLnow.

Have you ever sniffed out a fabricated offer during the negotiation process? Have you ever incorrectly assumed an offer was fake and lost a home you really wanted?

If you’d like a question answered in my weekly column, please send an email to [email protected]. To read any of my older posts, visit the blog section of my website at http://www.RealtyDCMetro.com.

Eli Tucker is a licensed Realtor in Virginia, Washington DC, and Maryland with Real Living At Home, 2420 Wilson Blvd #101 Arlington, VA 22201, (202) 518-8781.


CBC Photo

Is there anything better in the summer than great beer, music and games? The Capital Beer Classic presented by Goose Island is coming to FedExField, home of the Washington Redskins, on Saturday, July 30.

With unlimited beer and wine samplings of your favorite summertime ales (and probably a few you’ve never heard of before!), you won’t want to miss out!

“We are excited to launch this inaugural event at FedExField,” Redskins Senior Director Hugh Nicholson said. “The Capital Beer Classic will give guests the chance to come out and interact with many local and regional breweries and vineyards in a festival atmosphere, while integrating FedExField’s unique setting. We look forward to cementing this as an annual event, providing our fans and beer lovers alike with another opportunity to come out and have some fun.”

There will also be live music from multiple bands throughout the day on the Bud Light Party Pavilion’s ESPN 980 stage, featuring performances by DC’s own Turtle Recall and a hot new up-and-coming group straight out of Nashville with some local-DC ties, The Morrison Brothers Band. Plus festival goers will have access to some of the most popular food trucks in all of DC, serving up their original dishes for the day. Tailgating games like corn hole, beer pong and giant Jenga will also be available for everyone looking to join in on the fun!

Not only will attendees get to check out all sorts of local craft beers and wines, but Redskins fans will especially enjoy the kickoff to the upcoming football season by meeting Redskin Alums Clinton Portis, Santana Moss and the Washington Redskin Cheerleaders!

Tickets are on sale now for $45 (General Admission) and $65 (VIP). Guests can select from two different sessions, 11 a.m. – 3 p.m. or 4 – 8 p.m. Tickets include a souvenir sampling glass and free parking with VIP ticket holders receiving an extra hour of sampling, preferred parking, a lanyard for their sampling glass, and a Redskins locker room tour. Promotional pricing ends on July 18, so be sure to purchase now!

Traveling from Arlington with a group of friends? Make sure to check out the Skedaddle for round-trip bus routes from Arlington to FedExField, use code “YouLikeThat!” for $6 off.

The preceding post was written and sponsored by Capital Beer Classic.


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This is a sponsored column by attorneys John Berry and Kimberly Berry of Berry & Berry, PLLC, an employment and labor law firm located in Northern Virginia that specializes in federal employee, security clearance, retirement, and private sector employee matters.

By John Berry

An interesting topic in Virginia employment law is an employee’s right to privacy in the workplace. While there have not yet been many specific laws enacted by the Commonwealth of Virginia governing employee rights in the workplace, this area of law is developing and changing. In light of the advancements in monitoring technology available to employers, it is only a matter of time before we see more employee privacy issues addressed by the Virginia Legislature and courts.

In general, for a number of reasons we recommend that employees avoid using employer technology to conduct their personal business. Virginia employers have been given a fair amount of leeway under existing laws to monitor employees in the workplace. One of the biggest concerns that we run across in representing employees in wrongful termination cases involves an employee’s use or alleged misuse of an employer’s email, computers or Internet. Frequently, one of the first actions taken by an employer following a contentious termination is its examination of a former employee’s computer or prior Internet usage. The usual result is that the employer often claims that the former employee was conducting personal business or misusing the employer’s network. An employer may then claim that the employee violated Virginia’s Computer Trespass law.

Email and Internet Monitoring of Employees

Employers that monitor employee email or Internet use should obtain legal advice ahead of time to avoid the risk of running afoul of criminal and other statutes. That said, an employer in Virginia typically has the ability to monitor emails and Internet usage on their own networks. Employers should warn employees about monitoring in advance. We usually advise employees that they should expect that their work email account may be monitored and should not be used for personal business even if they have not been so informed. Employers also need to be careful to avoid accessing employee private, non-work email accounts to which they may have access. For example, an employer should avoid attempting to inappropriately log into a former employee’s private email account that remains accessible from the employee’s former computer. Virginia also has enacted the Virginia Computer Invasion of Privacy Law. If an employer does something egregious in the course of monitoring email or Internet usage, then it could be subject to a potential claim under this law or perhaps a tort (personal injury) claim.

Telephone and Voice Mail Monitoring of Employees

Some employers monitor work-related employee telephone calls. A Virginia employer who wants to monitor telephone calls of an employee or voice mail messages must usually warn the employee in advance and the monitoring must be done in the scope of normal business. This is often accomplished by the employer at the beginning of employment, through policies listed in an employment contract or handbook. There are many pitfalls in monitoring telephone calls and voice mails of employees and this ideally should be done after receiving legal advice given that potential criminal issues could result if done incorrectly under both federal and Virginia wiretapping laws.

Security Camera Monitoring of Employees

With the widespread use and availability of small wireless cameras, some employers have attempted to monitor their employees in this manner. The courts have generally upheld an employer’s right to monitor its employees with security cameras so long as the monitoring is not particularly invasive. This has not yet been subject of major litigation in Virginia but is no doubt forthcoming. In other jurisdictions, some courts have upheld employee privacy rights in situations where camera monitoring of employees has been very invasive such as with cameras in locker rooms or bathrooms. Many courts have permitted the use of such camera monitoring to the extent that employees are aware of it and can see the cameras, and that it is not misused.

Finally, Virginia does not yet recognize the traditional claim of invasion of privacy, which could help in employee rights claims when an employer goes too far. However, serious breaches of employee privacy can result in other types of tort claims for intentional infliction of emotional distress. Virginia case law and national trends continue to change and more employment rights and the ability to sue for egregious privacy violations are likely to develop in the future.

If you need assistance with a federal retirement or an employment issue, please contact our office at (703) 668-0070 or at www.berrylegal.com to schedule a consultation. Please also visit and like us on Facebook at www.facebook.com/BerryBerryPllc.


2804 16th St S.
Listed: $1,300,000
Delivering September 2016 – hard hat tours by appointment

The good life begins at this luxurious, new Craftsman-style home that boasts top-of-the-line features and appliances in its over 4,200 finished square feet. In addition to location, location, location, this 5-Bedroom, 4 ½ Bath home, constructed by Stanley Martin, has all the amenities Arlingtonians have come to expect.

The spacious, light-filled main level wows with wide-planked hardwood floors and a gourmet chef’s kitchen that opens to a large family room with fireplace, and provides access to the raised deck and fenced-in backyard. It also features a separate dining room, library with French doors, and mudroom, which leads to an attached 2-car garage.

Upstairs, the master bedroom impresses with coffered ceilings, 2 oversized walk-in closets, and a spa-like en-suite bathroom with a separate, glass-enclosed shower and tub. There are 3 more bedrooms on the upper level, all generously sized with walk-in closets and direct access to additional bathrooms, as well as a linen closet and large laundry room that’s filled with natural light.

The finished lower level is an entertainer’s dream with 9′ ceilings and a granite covered wet bar, accented with a top of the line wine fridge. Guests will also enjoy the privacy of a separate bedroom and full bath on the lower level.

In regards to location, 2804 16th St is a walker’s paradise. It sits just across the street from the Walter Reed Community Center and Park, and is within walking distance to the acclaimed Arlington Drafthouse, the Columbia Pike Farmer’s Market, Army-Navy Country Club, and Penrose Square, which features a Starbucks, Giant, Marble & Rye, and Journeyoga, among others. There will be plenty of time to enjoy the above options, as the property is situated within 2.5 miles of both the Pentagon and Pentagon City Metro, 4 miles from D.C., and a short walk to the new, $1 million bus stop.

Please contact Inga Beermann with Keller Williams Realty at [email protected] or 540-267-6171 for more information or to schedule a tour!


This is a sponsored column by Jim Muldoon, a Northern Virginia native, Arlington resident and one of the real estate and remodeling experts at Legacy Home Improvement Consultants. Legacy HIC is your source for all real estate and home improvement needs. Please email with any questions or topics you would like covered.

Upgrading your countertops adds instant appeal whether you are doing a full remodel or not. Two great options are engineered or natural stone. Here is a quick run down when choosing stone countertops.

Engineered stone has gained a lot of steam in the countertop industry. The material is largely made up of natural quartz mixed with resins used for bonding. This makes the material stronger, lighter, and slightly more flexible than its all-natural counterpart. The material is not absorbent, so it has less maintenance and is considered more sanitary. Quartz products use specific dying patterns ensuring a consistent look, even when choosing an option with “natural movement” to it. Cambria and Silestone are two of the most popular brands of engineered stone.

Natural stone has proven to be timeless with a rich and unique look. Granite and marble have unique natural movements in their patterns, which allows you to find an incredible looking slab that no one else will have. It is a more porous material so sealants are necessary and recommended yearly. Granite has become the more popular option between the two because it is more durable and usually less expensive. Although on paper marble is hard to justify, it has a look that is second to none.

Granites are usually grouped A – E. Group A being the least expensive and Group E being the most. Quartz are priced by color. Once you have chosen the material the process for installation is very similar. I recommend a company that will digitally measure on site. Cabinets have to be set in place for this to happen. Confirm with your contractor or vendor the sink, faucet, faucet placement, and seam placement. From there it usually takes 7 days to fabricate and 1 day to install.

There are some fees to factor in when deciding on a square foot budget. There is usually a fee for templating the tops, sink cutout, holes for the faucet, delivery, and installation. This ranges from company to company but $400-$600 should have you covered. The cost of the sink, faucet, garbage disposal, and the plumbing connection also needs to be accounted for. You should be safe factoring in $500-$800. Upgrade options to consider are custom edge details, backsplash, waterfall options, built up edge for a thicker look, and extended over hang which is usually in bar areas. I recommend working with your contractor, even if you are just swapping out countertops, so that they can make sure all the factors have been taken care of.

Feel free to email me at [email protected] if you have any questions or would like to know which vendors we use for each specific type of countertop material. Be sure to follow us on Instagram @LegacyHomesDMV and like our Facebook page Legacy Home Improvements for project inspiration and breaking news.


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Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by licensed broker Aaron Seekford of Arlington Realty, Inc. GET MORE out of your real estate investment with Aaron and his team by visiting www.MrArlington.com or calling 703-836-6116 today!

Please note: While Aaron Seekford provides this information for the community, he is not the listing agent of these homes.

Summer will be over before we know it… and we need to embrace it while we can. This doesn’t necessarily equate to 10 days in a row at the pool or multi-day boating trips on the Potomac – we’re talking real estate here.

In addition to it being a beautiful time of the year to check out some homes (and ensure their air conditioning systems meet your needs), it’s also the time of year that people want (or NEED) to sell their residence.

All the power is in your – the buyer’s – court. If you need to settle quickly, propose a quick settlement. If a property has been floating out on the market for a while, make a competitive offer. There is a lot you can do to GET MORE out of your investment and I’m here to help!

As of July 5, there are 224 detached homes, 66 townhouses and 332 apartments for sale throughout Arlington County. In total, 43 homes experienced a price reduction in the past week.

Here is this week’s selection of Just Reduced properties:

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Aaron Seekford.


Ask Eli banner

This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Rosslyn resident. Please submit your questions to him via email for response in future columns. Enjoy!

Question: I haven’t accumulated enough savings for a 20% down payment, but want to take advantage of low interest rates and stop paying rent. I’ve been told that some of the lower down payment mortgage options include Mortgage Insurance, but don’t fully understand the concept and whether it’s the right decision. Can you provide some insight and explain the pros/cons?

I’ve received a few questions over the past month about mortgage insurance and decided to enlist the expertise of a veteran mortgage advisor, Troy Toureau of McLean Mortgage for this week’s column.

What is mortgage insurance?

Mortgage insurance is offered by either the government or private insurance companies to enable lenders to offer smaller down payments on loans. Before mortgage insurance existed, many had to pay a minimum of 20% down to purchase a home, which made homeownership unaffordable for many Americans. Mortgage insurance covers lenders for losses up to a certain amount if a borrower defaults on their mortgage.

There are two types of mortgage insurance available:

  1. FHA mortgage insurance: FHA is a government program, which requires a down payment of as little as 3.5% of the sales price, and mortgage insurance is required on FHA mortgages, regardless of the amount of down payment.
  2. Conventional mortgage insurance: Conventional mortgages are home loans that are not insured or guaranteed by the government, as in the case of the FHA mortgage example. Many conventional loans are sold to Fannie Mae or Freddie Mac and thus follow these entities “conforming” guidelines.

Conventional or private mortgage insurance enables lenders to offer conventional loans with a minimum down payment of 3.0% to 5.0%. Most 3.0% down conventional mortgages are restricted to low-to-moderate income borrowers.

What is the cost of mortgage insurance?

The cost of mortgage insurance will vary greatly, depending upon several factors:

  1. The mortgage insurance alternative selected
  2. The amount of the down payment
  3. The type of the mortgage such as a 30-year or 15-year loan
  4. The qualifications of the borrower, especially the credit score
  5. Whether the mortgage is an FHA or conventional loan

In addition, depending upon the alternative selected, the cost of mortgage insurance can be an upfront fee, an additional monthly payment, or financed into the loan amount or interest rate. Or the cost may be represented by some combination of these alternatives.

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