Do FHA or any of the gov't insured loans require PMI private mortgage insurance? - fha loan gov
They told me that if you make a so-called "risk" to ... But the loan is not already guaranteed by the Gov't?
Wednesday, January 13, 2010
Fha Loan Gov Do FHA Or Any Of The Gov't Insured Loans Require PMI Private Mortgage Insurance?
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You need mortgage insurance if you don't put down 20% on your FHA purchase, but it's not called PMI (private mortgage insurance). PMI refers to mortgage insurance on conventional loans. Mortgage insurance on an FHA loan is just called "mortgage insurance," and it differs from PMI in a couple of ways.
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