Does Fha Loans Have Pmi – 9 Tips To Find The Right One
Don’t be fooled by the hidden mortgage insurance in your payment. If you have an FHA loan, your statement comes every month with the escrow break down that just says taxes and insurance but if you look closely at the very bottom you usually can locate a spot that says something along the lines of insurance disbursement or PMI. Even without 20% equity, you may still qualify.
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Annette, your SoCal loan officer!