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How to remove mortgage insurance on an FHA loan
Bankrate via AOL· 3 months agoKey takeaways The ability to remove FHA mortgage insurance depends on your loan origination date and size of your down payment. If you got your FHA loan...
Can I Cancel My FHA Mortgage Insurance?
SmartAsset via Yahoo Finance· 11 months agoMany first-time homebuyers will discover that they have to pay for something called "mortgage insurance." This adds to your monthly mortgage payment and...
Private mortgage insurance (PMI): What it is and how it works
Bankrate via AOL· 1 month agoKey takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a...
Mortgage protection insurance: When you might need it
Bankrate via AOL· 3 months agoKey takeaways Not to be confused with private mortgage insurance (PMI), mortgage protection...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via AOL· 4 months agoWe often think of homebuyers as younger, but retirees and senior citizens have plenty of reasons to...
FHA streamline refinance: What is it and how does it work?
Bankrate via AOL· 4 months agoKey takeaways The FHA streamline refinance program makes it easier and cheaper for borrowers who...
The best home loan: how to shop for and compare mortgage offers
Bankrate via AOL· 2 months agoKey takeaways By comparing offers from multiple lenders, you're more likely to find the best rate...
What is a fixed-rate mortgage and how does it work?
Bankrate via AOL· 6 months agoKey takeaways A fixed-rate mortgage maintains a consistent interest rate throughout its entire term, whether it spans 30 years, 15 years, or any other...
How much is an FHA loan down payment?
Bankrate via AOL· 3 months agoKey takeaways FHA loans require a minimum 3.5 percent down payment for borrowers with a credit score of 580 or more. Borrowers with a credit score of 500...
What is PITI?
Bankrate via AOL· 4 months agoKey takeaways The principal, interest, taxes and insurance (PITI) comprise your monthly mortgage payment. You can calculate your PITI payment yourself or...