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What criteria is FHA using to determine the premium for mortgages it will insure?

April 26, 2017criteria determine FHA insure mortgages Premium

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What criteria is FHA using to determine the premium for mortgages it will insure?

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For now, the premium will be based on a credit bureau score and the amount of the downpayment made by the borrower. In addition, the source of the downpayment is also considered in determining the premium.