All Posts Tagged With: "cancel mortgage"
How Do We Get Rid of the FHA Mortgage Insurance Premium?
Question: I bought a home with FHA financing. We have a monthly insurance premium (MIP) with each payment. How do we get rid of this cost? Answer: When you bought your home you purchased with little money up front, perhaps 3.5 percent down. This means a lender put up as much as 96.5 percent of [...]
20Oct2008 | Peter G. Miller | 1 comment | Continued
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