Sentences with phrase «higher upfront mortgage insurance premium»
3 If the initial disbursement exceeds the 60 percent threshold, a higher upfront mortgage insurance premium (MIP) is assessed on the loan.
https://www.onefpa.org/
3 If the initial disbursement exceeds the 60 percent threshold, a higher upfront mortgage insurance premium (MIP) is assessed on the loan.
Reverse mortgages have some fairly high upfront mortgage insurance premiums, which are paid to the government.
Not exact matches
With the recent increased interest in FHA loans, we have received many questions regarding the impact of high cost tests on certain fees, including upfront mortgage insurance premiums (MIP) paid by borrowers financing with FHA.