5 hours What Is Mortgage Insurance Premium? Benzinga

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

Mortgage insurance premiums (MIPs) are a type of insurance paid to the Federal Housing Administration (FHA) for certain mortgage loans. 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 … Continued

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

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