Sentences with phrase «before upfront mortgage insurance»

The maximum base loan amount before upfront mortgage insurance is:

Not exact matches

Homebuyers who complete housing counseling before signing a contract to purchase a home and who complete additional pre-closing housing counseling will receive a 50 basis point reduction in the upfront FHA mortgage insurance premium (MIP) and a 10 basis point reduction in the annual FHA MIP.
Plus, on top of the 1.75 % upfront that you'll have to pay in insurance, you can't cancel the annual mortgage insurance premium, like you could before June 2013.
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