What is PITI?

PITI stands for Principle, Interest, Tax, and Insurance. These are all costs that are involved with purchasing a home. Unfortunately, many mortgage calculators you run across online do not include all four of these fees. Many don’t factor in tax and insurance. I know there are some terms you will run across while getting your mortgage, and PITI is one of them. Our goal here is to demystify the process of buying a home, check out today’s Mortgage Mysteries video to learn how PITI can apply to you.

Answering all your Mortgage Questions and demystifying your Mortgage Mysteries.

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Scott Groves, a 20 year veteran of the mortgage industry, and active Loan Officer who has funded over $1Billion of mortgages in his career... answers all your mortgage questions on this channel.

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