Tag Archives | Mortgage Insurance

Understanding the FHA Mortgage Insurance Premium (MIP)

* Disclaimer – all information in this article is accurate as of the date this article was written * The FHA Mortgage Insurance Premium is an important part of every FHA loan. There are actually two types of Mortgage Insurance Premiums associated with FHA loans: 1.  Up Front Mortgage Insurance Premium (UFMIP) – financed into […]

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Why Do I Need To Pay A VA Funding Fee In Yuma, Arizona?

The VA Funding Fee is an essential component of the VA home loan program, and is a requirement of any Veteran taking advantage of this zero down payment government loan program in Yuma, Somerton and San Luis, Arizona. This fee ranges from 1.25% to 3.3% of the loan amount, depending upon the circumstances. On a […]

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