The Cost of FHA Monthly Mortgage Insurance (MIP)
When you get an FHA loan you are required to pay mortgage insurance. There is an up-front mortgage insurance premium (UFMIP) and a monthly mortgage insurance (MIP) too. Today, we're…
When you get an FHA loan you are required to pay mortgage insurance. There is an up-front mortgage insurance premium (UFMIP) and a monthly mortgage insurance (MIP) too. Today, we're…
ATTENTION REAL ESTATE AGENTS: Are you up to date on FHA's rules & requirements? FHA is one of the most commonly used loan programs and a great option for first…
Mortgage insurance gets a bad rap, but I like it, especially FHA's monthly mortgage insurance. Not because it benefits me somehow but because it's good for my clients. I explain…
FHA is a great loan option to consider when purchasing a home so it is important to know what the FHA loan requirements are to see if it is the…
FHA is a great home loan program to help those looking to buy a home with little to no money down. But it’s gotten a bad rap, especially compared to…
Comparing FHA and Conventional mortgages requires you to look at a lot of factors. One of the biggest factors in FHA vs Conventional comparison is Mortgage Insurance. FHA MIP vs…
FHA home loans have two types of mortgage insurance - up-front mortgage insurance premium (UFMIP) and monthly mortgage insurance (MIP). I've covered FHA monthly MIP in another post so the…
We just added another video to our YouTube channel. Here it is... If you are considering a home purchase you’ve likely come across the two most common loan programs: FHA…