Tony is correct about the upfront Mortgage insurance premiums. FHA is pricing itself out of the market with it's new Upfront MIP being raised to 1.75% and t ... more
In response to your second question, no I've never come across this before but needless to say...not surprised by this behavior. Again, I still would not agree to it and ... more
The answer depends on how much you are putting down as a down payment and what the property taxes are for the house. Do you know this information?
If you have a specific ... more