by Mark Chaffee | May 21, 2012 | FHA Loans, Financial Fitness, Vermont Real Estate
New Monthly Mortgage Insurance Premium Schedule The MIP schedule for FHA loans with terms greater than 15 years (e.g. 30 year fixed FHA) is as follows : For loans with LTV greater than 95 percent: 1.250% percent annually ($200,000 loan amount would have an a monthly...
by Mark Chaffee | Feb 20, 2012 | FHA Loans
Many potential property owners in the Burlington, VT area are not aware of the benefits of using the FHA mortgage program for their loan. Federally Insured Mortgages through the Federal Housing Administration offer lower down payments than conventional...