_mortgage-insurance-also-constricts-homebuyer-purchasing-power.jpg "Mortgage insurance also constricts homebuyer purchasing power from fha mortgage rates today Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 82 sec
✓ Published: 14-Jul-2023
✓ Published: 14-Jul-2023
Description:
This chart displays mortgage insurance premiums (MIPs), set by the Federal Housing Administration (FHA), and private mortgage insurance (PMI), available from private insurers.nnAs of April 2023, the FHA mortgage MIP rate for a 3.5% down payment decreased to 0.55%, while the PMI rate for a similar mortgage with a 5% down payment remains at 0.68%. While FHA-insured mortgage default insurance is less expensive, MIP for mortgages originated with less than 10% down payment may not be canceled. In con
This chart displays mortgage insurance premiums (MIPs), set by the Federal Housing Administration (FHA), and private mortgage insurance (PMI), available from private insurers.nnAs of April 2023, the FHA mortgage MIP rate for a 3.5% down payment decreased to 0.55%, while the PMI rate for a similar mortgage with a 5% down payment remains at 0.68%. While FHA-insured mortgage default insurance is less expensive, MIP for mortgages originated with less than 10% down payment may not be canceled. In con
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_financing-for-real-estate-in-2022.webp "Whether you are looking at purchasing a primary residence or investment property, wanting to leverage a current property for refinancing, or just want to stay on top of lending guidelines, this webinar will give you all the facts! Get an in-depth look into current financing guidelines that you need to be aware of. Our Mortgage expert and preferred lender for 17 years will be discussing all types of loan programs available for homeowners and investors and what you need to know about financing a p")
_how-to-get-a-3-mortgage-rate-today.webp "www.CHORDrealestate.com for Nashville Real Estate | valuation.CHORDrealestate.com for Home Valuation | search.CHORDrealestate.com to Start Your Home Search | INSTANT CASH OFFER: instantoffer.CHORDrealestate.com | Find us on social media: www.ConnectWithCHORD.com nnDid you miss out on buying a home when interest rates were so low? Frustrated that your monthly payment is much higher now that interest rates are close to 7%.We have a solution for you! Sellers that have FHA, VA or USDA loans may be")
_should-i-go-with-my-va-loan-option-or-something-else.webp "There is a lot of confusion out there as to whether or not you SHOULD use your VA Loan, especially if you qualify for something else. Up until a 2020, there were Loan Limits for VA Loans that were up to the same limits as an FHA Loan, which in many markets was not enough money to purchase a descent home. Recently, however, they’ve removed the upper limits on a 0% down loan, and now it’s all based on your own personal credit information. So to answer the question, yes, you should go with a VA")
_what-is-fhamip.webp "What is a Federal Housing Administration Mortgage Insurance Premium? Well, a FHA loan helps people get into homes. Usually, this is by securing a lower downpayment, but they are considered more high risk to the lenders. Because of the lower credit threshold for the borrower and the lower downpayment, FHAMIP is a tool to help insure against potential losses. It can be paid in the form of a fee, or it can be built into the loan. Most people lump it into the loan amount. There are other ways it can")
_can-i-buy-a-condo-with-a-fha-or-va-loan.webp "Yes, you can, but there will be a few extra guidelines. First and foremost, when you get a loan for a condo, not only you need to be approved by the lender, but the property itself also needs to go through an approval process. With FHA and VA, you are putting less money down on the house, so the guidelines are a little more restricted than usual. It also may take longer to close. But most importantly, YES, you can. Check out today’s Mortgage Mystery video to learn more about the process! nnAns")
_mortgage-lender-rachel-rango.webp "Margaret Hodge interviews Rachel Rango at Movement Mortgage.Rachel discusses some of the programs she has to offer home buyerspurchasing Naples real estate.She has various programs for buyers who are VA, FHA, first time home buyer, etc..and help buyers with mortgage rates, mortgage rates today, and so much more.Come and meet Rachel!")
_unlock-home-equity-maximize-cash-with-reverse-mortgages.webp "Are you looking to tap into your home equity? A reverse mortgage could be the ideal solution for you! nnCheck out HLRI's varying choices of loans and options that fit your financial needs.nnhttps://www.homeloanrateofinterest.com/nnHere's what you need to know to make the most of this financial option.nnAge Matters: If you're 62 or older, you're in a prime position to benefit from a reverse mortgage. The older you are, the more you can borrow. Keep in mind that your life expectancy plays a role i")
_1-min-teaser-2-1-interest-buydown-with-patti-gregory-amp-tracie-schmidt-mp4.webp "As interest rates are on the rise, Supreme Lending is proud to offer the option for a 2-1 Temporary Interest Rate Buydown for eligible, fixed-rate Conventional, FHA, and VA loans. A temporary buydown allows borrowers to reduce their monthly mortgage payment with a lower interest rate for a limited period of time—the first and second years of the loan. Additional upfront funds provided by the seller are required for this interest rate buydown program. nnnWant to learn more about how to potentia")
_financing-for-real-estate-in-2022.jpg)
_how-to-get-a-3-mortgage-rate-today.jpg)
_should-i-go-with-my-va-loan-option-or-something-else.jpg)
_what-is-fhamip.jpg)
_can-i-buy-a-condo-with-a-fha-or-va-loan.jpg)
_mortgage-lender-rachel-rango.jpg)
_unlock-home-equity-maximize-cash-with-reverse-mortgages.jpg)
_1-min-teaser-2-1-interest-buydown-with-patti-gregory-amp-tracie-schmidt-mp4.jpg)
![[+]](/images/menu.gif){kind=small}