+1 vote
asked Feb 28, 2018 in FHA Loans by Roni

1 Answer

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All 30 year fixed rate FHA mortgages require FHA annual morrgage insurance premium over the life of the FHA LOAN no matter how much down payment borrowers put down. You may want to consider qualifying for a conventional loan where no private mortgage insurance is required if you  put 20% down payment on purchase.

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answered Feb 28, 2018 by GustanCho (106,540 points)

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