Loans

Do Fha Loans Have Pmi – FHA vs Conventional Mortgage Insurance (MIP vs PMI)

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!!

LINKS:
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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Whenever you’re ready…here are some ways we can assist with your next home purchase:
πŸ“™ Download our Homebuyer Guide: Things to Consider When Buying a Home.
https://www.lendingahand.com/guide/

πŸ€‘ Get the list of the No & Low Down Mortgage Options (in Colorado) so you can purchase your next home with less money than you thought possible.
https://www.lendingahand.com/l/no-low-down/

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⛰️ Want a pre-approval that makes buying a home easy? Find out how our Rock Solid Pre-Approval provides you with the confidence you can buy a home and are utilizing the best home loan option to do so.
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Scott Wynn
Wynn & Eagan Team at Citywide Home Loans
Mortgage Advisor
(720) 608-5533
YouTube: https://www.youtube.com/channel/UCCi5azdvJ0HlagUEqfF8lrA
Facebook: https://www.facebook.com/wynnteam
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Website: https://www.lendingahand.com/

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11990 Grant Street, Suite 120, Northglenn, CO 80233
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