Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does the FHA have mortgage insurance?

April 26, 2017FHA mortgage insurance

0

Posted

Does the FHA have mortgage insurance?

1 Answer

0

Posted

Yes, mortgage insurance is required for all FHA loans. A one time up front fee is collected in form a percentage of the loan amount. This can usually be financed into the loan. There is also a monthly mortgage insurance which is typically much less than that of a conventional loan.