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Mortgage Professor about fha loan: | |||||||||||||||||||||||
Who Should Take an FHA Mortgage?
April 24, 2000, Revised October 31, 2002, March 14, 2003, September 7, 2004 "We recently purchased a home with 20% down, with mortgage insurance provided by the Federal Housing Administration (FHA). When we closed on it, we were ... more... Lies Mortgage Shoppers Hear December 2, 2002, Revised July 16, 2004 "I am about to shop the market for the mortgage I need to finance my home purchase. Is there a danger that people won?t tell me the truth? Any lies I should look out for in particular ... more... |
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fha loan related definitions |
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MIP, Mortgage Insurance Premium
MIP, Mortgage Insurance Premium It is insurance from FHA to the lender against incurring a loss on account of the borrower's default. Paid if FHA loan LTV is higher than 80%. Also known as FHA Mortgage Insurance. By insuring the loan the Federal Government agrees to repay ... more... FHA Loan FHA Loan A loan insured by the Federal Housing Administration open to all qualified home purchasers. While there are FHA loan limits, they are generous enough to handle moderately-priced homes almost anywhere in the country. More appropriately termed "FHA Insured ... more... |
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More about fha loan Do You Qualify For The FHA Home Loan? FHA Home Loan and FHA Home Loans Federal Housing Administration (FHA) What Is A FHA Loan? FHA Home Mortgage Purchase or Refinance Loan - Why You Might Consider Getting an FHA Loan Use the FHA Mortgage Specifically Created for Home Improvement Low Income Home Loans - FHA and VA Mortgage Loans Can Help You Get Approved FHA Mortgage Loans - The Benefits of an FHA Mortgage Refinance Your FHA Home Mortgage Loan - Refinancing With The Streamline Process Buy A Home After A Disaster With Government Help
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