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FHA Mortgage Insurance And What You Need To Know About It

May 21, 2013

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Apparently, most Floridians prefer FHA-backed loans over conforming loans and jumbo mortgages for reasons such as: FHA allows a 3.5% downpayment FHA allows refinances without appraisal FHA mortgage rates are usually really low Mortgage insurance is the only area where FHA mortgages are relatively disadvantageous. FHA Mortgage Insurance Premiums tend to be a real pain—they [...]

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Chris Brown
Chris Brown is the premier expert on HARP loans and Government FHA and VA loans. Please visit The Mortgage Chili Blog