Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about fha approved: | |||||||||||||||||||||||
How Do I Get a Reverse Mortgage?
July 21, 2003 ?I am running short of money and friends tell me that I should take a reverse mortgage, but the thought of a complicated transaction involving my house just terrifies me. It would help a lot if you would lay out the steps in 1, 2 3 form?? With a reverse ... more... Is FHA Responsible For the Leaky Roof? March 19, 2001 "We just purchased a home with an FHA loan and the seller did not disclose many problems?The roof leaks, the toilet is falling through the floor?FHA inspected the house before we moved in, and they will get the house if we default and move out? We thought ... more... |
|||||||||||||||||||||||
fha approved related definitions |
|||||||||||||||||||||||
FHA Mortgage Insurance
FHA Mortgage Insurance 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 MIP - Mortage Insurance Premium. By insuring the loan the Federal Government agrees to repay ... more... 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... |
|||||||||||||||||||||||
More about fha approved Types of Loans Buying a Home After Bankruptcy How Long Should You Wait to Buy? Refinance Your FHA Home Mortgage Loan - Refinancing With The Streamline Process Buy A Home After A Disaster With Government Help Use the FHA Mortgage Specifically Created for Home Improvement Stop Foreclosure - 7 Tips to Save Your Home Who Could Benefit From A Reverse Mortgage? FHA Home Loan and FHA Home Loans Do You Qualify For The FHA Home Loan? FHA 101
|
|
||||||||||||||||||||||
|