If your are in the market for an FHA Loan, Did you know that FHA Mortgage Insurance Premiums are required for the life of the loan? Watch this video to get a better understanding on FHA Mortgage Insurance Premium (MIP).
Learn what FHA Mortgage Insurance Premium means, and how it applies to your home buying purchase.
#DamienLGrant #MortgageInsurancePremiums #MIP #DLGLendingTeam
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Check out the video I did on What is Loan to Value Ratio (LTV) and why is it important? 👉https://youtu.be/DExqau_CeJU
In This Video:
0:00 A Intro To Understanding FHA Mortgage
0:17 What Does Mortgage Insurance Protect
0:39 What is FHA MIP?
1:29 How do you Calculate MIP?
4:03 What is the Difference Between a FHA Loan and a Conventional loan
4:29 How To get Rid of MIP
5:17 Have Any Questions Contact us Now