FHA mortgage insurance: Premiums the FHA charges the borrower to protect the FHA-approved lender if the borrower defaults on mortgage payments. Homebuyers pay an upfront FHA mortgage insurance premium ...
If you got your FHA loan after the year 2000, you may be able to cancel your FHA mortgage insurance. If you got your loan before 2000, you’ll continue to pay the premiums in most cases. If your loan ...
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