Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about fha requirements: | |||||||||||||||||||||||
Are Mortgage Assumptions a Good Deal?
November 17, 2003, Revised December 20, 2005 ?I have been offered a deal where I take over the home seller?s mortgage. What are the pros and cons of doing this?? Benefit of Mortgage Assumptions to Buyers When a homebuyer assumes responsibility for a home seller?s ... 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... |
|||||||||||||||||||||||
fha requirements 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 requirements Loans for the Unemployed: When Job Loss Threatens Economic and Emotional Stability MCSE 70-290 Certification Primer Switching Careers - 7 Key Steps Home Loans For People With Poor Credit - Understanding The Requirements For a Subprime Mortgage Short Term Loans Expanding Financial Scope During Crisis What is the Difference Between an Unsecured Personal Loan and a Secured Personal Loan? Debt Consolidation Loan Possibilities Abound Choosing the Right Credit Counseling Agency for You Some Tips Part 2 Getting The Best Deal On Personal Loans Some Mortgage Loans are Available with Absolutely no Money Needed From You
|
|
||||||||||||||||||||||
|