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Florida, Mortgage Insurance, FHA Loans

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Removing Mortgage Insurance From FHA Loans Issued Prior To June 3, 2013

May 1, 2015 //  by Sonny Solomon

Many home buyers who obtain FHA mortgages were attracted to the low down payment feature. Given that mortgage insurance is typically assessed on loans for greater than 80% of the value, most FHA home buyers have mortgage insurance payments. The process for removing that fee depends on when the loan was issued by FHA. Below is information on removing mortgage insurance from FHA loans issued …

Category: Mortgage InfoTag: Florida, Mortgage Insurance, FHA Loans

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