Do Fha Loans Have Pmi – FHA vs Conventional Mortgage Insurance (MIP vs PMI)
Do Fha Loans Have Pmi – Top 3 Tips For Choosing The Best Company
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 Conventional PMI. That is the topic of this video.
How does FHA MIP work?
How much is it?
When can it be removed?
How can you avoid it?
Should you avoid it?
And how does it really compare to Conventional…you might be surprised!!
FHA MIP Chart: https://www.hud.gov/sites/documents/15-01MLATCH.PDF
MGIC PMI Rate Chart: https://www.mgic.com/rates/rate-cards
FHA vs Conventional Video: https://www.youtube.com/watch?v=5BIIaQlOsis
Best First Time Home Buyer Programs in 2020: https://www.youtube.com/watch?v=_O1DmN-VPnE
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Wynn & Eagan Team at Citywide Home Loans
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