enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. How to remove mortgage insurance on an FHA loan - AOL

   www.aol.com/finance/remove-mortgage-insurance...

   The ability to remove FHA mortgage insurance depends on your loan origination date and size of your down payment. If you got your FHA loan after the year 2000, you might be able to cancel FHA ...

3. How to get rid of private mortgage insurance (PMI) - AOL

   www.aol.com/finance/rid-private-mortgage...

   The Homeowners Protection Act of 1998 requires that lenders remove private mortgage insurance when a borrower reaches a 78 percent loan-to-value (LTV) ratio. For example, if the purchase price of ...

4. Mortgage insurance vs homeowners insurance: what’s the ...

   www.aol.com/finance/mortgage-insurance-vs...

   Most FHA loans require you to carry PMI for the duration of your mortgage, but most conventional lenders allow you to drop PMI once you’ve reached 20 percent equity in your home based on its ...

5. How to Avoid PMI - AOL

   www.aol.com/finance/avoid-pmi-163543476.html

   A loan backed by the Federal Housing Administration (FHA) lets you avoid PMI with only a 3.5% down payment. The catch here is that the FHA requires borrowers to pay a mortgage insurance premium at ...

6. How to lower your mortgage payment

   www.aol.com/finance/lower-mortgage-payment...

   In that case, you can request that FHA MIP be canceled once you complete 11 years of mortgage payments on your current loan. Learn more: Getting rid of FHA mortgage insurance premiums (MIP) 4.

7. Can I Cancel My FHA Mortgage Insurance? - AOL

   www.aol.com/finance/remove-fha-mortgage...

   Many first-time homebuyers will discover that they have to pay for something called "mortgage insurance." This adds to your monthly mortgage payment and is often an unpleasant surprise. That's ...

8. Guide to refinancing an FHA loan to a conventional loan - AOL

   www.aol.com/finance/guide-refinancing-fha-loan...

   In most cases, for an FHA loan originated after 2013, you have to pay mortgage insurance premiums (MIP) on FHA loans for the loan’s lifetime. (The only exception is if you made a down payment of ...

9. Private mortgage insurance (PMI): What it is and how it works

   www.aol.com/finance/private-mortgage-insurance...

   A mortgage insurance premium (MIP), is a type of mortgage insurance that comes with a Federal Housing Administration (FHA) insured mortgage. This includes an upfront premium, typically paid at ...