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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. 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 ...

4. How to Avoid PMI - AOL

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

   The catch here is that the FHA requires borrowers to pay a mortgage insurance premium at closing as well as monthly mortgage insurance premiums for at least the first 11 years of the loan.

5. 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 ...

6. How to Reduce Your Mortgage Insurance Payment - AOL

   www.aol.com/2013/02/27/mortgage-insurance

   Mortgage insurance, also known as private mortgage insurance, or PMI, is an integral part of many common loan programs found in the market today: FHA mortgages, USDA mortgages and, yes, even ...

7. National Housing Act of 1934 - Wikipedia

   en.wikipedia.org/wiki/National_Housing_Act_of_1934

   It created the Federal Housing Administration (FHA) [3] and the Federal Savings and Loan Insurance Corporation (FSLIC). [4] The Act was designed to stop the tide of bank foreclosures on family homes during the Great Depression. Both the FHA and the FSLIC worked to create the backbone of the mortgage and home building industries, until the 1980s ...

8. What is mortgage insurance? - AOL

   www.aol.com/finance/mortgage-insurance-174421492...

   FHA mortgage insurance premium (MIP): MIP is paid upfront at closing and annually. USDA guarantee fee: Similar to mortgage insurance, the USDA guarantee fee is a cost added to obtain a USDA loan .

9. Mortgage seasoning: What is it and what are the requirements?

   www.aol.com/finance/mortgage-seasoning...

   FHA loan. 2 years for Chapter 7 or Chapter 11; 1 year for Chapter 13; 1 year with exceptions ... If you’re aiming to eliminate private mortgage insurance (PMI) by refinancing, you’ll need to ...