What is annual MIP in regards to an FHA mortgage? Annual MIP = annual Mortgage Insurance Premium. The annual MIP is the portion of mortgage insurance that is paid as a monthly payment. This is … [Read more...]
FHA Mortgage Insurance Changes Again
My Flower Mound and Frisco Mortgage clients are talking about these FHA changes, and have lots of questions, so I figured all my other clients in Texas would appreciate the answers to these frequently … [Read more...]