What Is Mortgage Insurance Premium?

The post What Is Mortgage Insurance Premium? by Alison Plaut appeared first on Benzinga. Visit Benzinga to get more great content like this.

If you can buy a home with a Federal Housing Administration (FHA) loan, you could benefit from a low down payment and more favorable interest rates. That’s the good news. The bad news? You’ll need to pay for mortgage insurance premiums (MIPs). With FHA loans, you must pay MIP regardless of your down payment or … Continued

The post What Is Mortgage Insurance Premium? by Alison Plaut appeared first on Benzinga. Visit Benzinga to get more great content like this.