Posts discussing MIP

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23Jan2012
Author
Dan Green
Filed Under
FHA Mortgages
How To Cancel Your FHA Mortgage Insurance Premiums (MIP) Thumbnail

How To Cancel Your FHA Mortgage Insurance Premiums (MIP)

How FHA mortgage insurance works, and how to cancel your monthly MIP requirement. Depending on your loan type, the rules for FHA MIP cancellation vary.

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07Nov2011
Author
Dan Green
Filed Under
FHA Mortgages
The FHA Streamline Refinance : The Complete Mortgage Guidelines (Plus Mortgage Rates) Thumbnail

The FHA Streamline Refinance : The Complete Mortgage Guidelines (Plus Mortgage Rates)

The FHA Streamline Refinance program eschews "traditional" mortgage verifications of income and credit score but still maintains minimum loan standards for applicants. Read about the FHA Streamline Refinance in an easy-to-follow format.

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14Apr2011
Author
Dan Green
Filed Under
FHA Mortgages
How To Beat The April 18, 2011 FHA Mortgage Insurance Increase Thumbnail

How To Beat The April 18, 2011 FHA Mortgage Insurance Increase

FHA mortgage insurance rates are increasing. Beat the increase by having your FHA Case Number assigned. All you have to do is give a mortgage application. I'll handle the rest for you.

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24Mar2011
Author
Dan Green
Filed Under
FHA Mortgages
FHA Mortgage Insurance Premiums Rising 0.25 Percent April 18, 2011 Thumbnail

FHA Mortgage Insurance Premiums Rising 0.25 Percent April 18, 2011

To lower costs, newspaper editors are replacing beat writers with "article syndication". Syndication can be a good strategy, but it requires care. The syndicated article highlighted here is 11 months -- and 2 FHA guideline changes -- behind-the-times. It's patently incorrect.

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17Sep2010
Author
Dan Green
Filed Under
FHA Mortgages
FHA Mortgage Insurance Premiums To Rise In October : Should You Act Now, Or Should You Wait? Thumbnail

FHA Mortgage Insurance Premiums To Rise In October : Should You Act Now, Or Should You Wait?

For the second time in 4 months, the FHA is changing the way it charges mortgage insurance.

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15Sep2010
Author
Dan Green
Filed Under
Mortgage Video

Mortgage Newsflash : FHA Mortgage Insurance Premiums; The End Of The Refi Boom; Tracking Live Mortgage Rates

The FHA is changing its mortgage insurance policies October 4, 2010, and the Refi Boom is finally showing signs of its end. In this 150-second video, we talk about it all.

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29Mar2010
Author
Dan Green
Filed Under
FHA Mortgages
Spring 2010 FHA Changes : Higher Fees, Bigger Downpayments, And More Mortgage Insurance Thumbnail

Spring 2010 FHA Changes : Higher Fees, Bigger Downpayments, And More Mortgage Insurance

Life as an FHA borrower is getting tougher. In an effort to shore up its flailing balance sheet and dwindling capital reserves, the Federal Housing Authority is rolling out sweeping financial changes. FHA borrowers have to look better on paper and be better credit risks. Mortgage insurance premiums are rising, too.

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09Nov2009
Author
Dan Green
Filed Under
FHA Mortgages
FHA Mortgage Rates Are Lower Than Conventional Mortgage Rates Thumbnail

FHA Mortgage Rates Are Lower Than Conventional Mortgage Rates

FHA mortgage rates are lower than conventional mortgage rates right now. It's an interesting development, especially for homeowners and home buyers with low equity. Unless you've got 20 percent into a property, if you're locking a 30-year fixed rate mortgage, there's compelling reasons to go FHA.

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20Oct2009
Author
Dan Green
Filed Under
FHA Mortgages
Comparing FHA And Conventional Mortgages With Less Than 20% Downpayment Thumbnail

Comparing FHA And Conventional Mortgages With Less Than 20% Downpayment

With foreclosures proliferating, PMI defaults are up 26 percent over last year and double the levels from 2007. Private mortgage insurers are paying out on many more claims than was expected and, as a result, are booking huge losses. Homeowners are about to pay the price. To shore up balance sheets and protect against future losses, mortgage insurers have raised insurance rates and toughened underwriting guidelines.

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