+1 vote
The house was purchased in 2007. I put 3% down payment when I purchased the home for $110, 900. I was paying MIP due to it being an FHA loan. The loan was previously modified in 2012 to include any delinquent payments. The lender gained possession of the house in foreclosure sale in 2017 & the lender was still making payments on the MIP after I got behind on the loan. They were paying MIP all the way up to the date of the foreclosure sale. The lender sent me a 1099-A for tax purposes for 2017. I am trying find out if the MIP paid off the lender. How can I find this out?
asked Mar 18, 2018 in FHA Loans by Regina
edited Mar 18, 2018

1 Answer

0 votes
If you have any questions on your previous FHA LOAN, contact your lender. FHA MIP is mortgage insurance HUD REQUIRES on all FHA LOANS to guarantee and insure FHA LOANS that defaulted and covers lenders on their loses.
answered Mar 18, 2018 by GustanCho (106,540 points)

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