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

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

   Here’s how eligibility for FHA mortgage insurance premium removal breaks down by loan origination date: If your origination date was between July 1991 and December 2000, you can’t cancel your ...

3. FHA insured loan - Wikipedia

   en.wikipedia.org/wiki/FHA_insured_loan

   FHA mortgage insurance premium (MIP) can be removed in two cases: first, if the initial loan-to-value ratio was less than or equal to 90%, second, if the FHA loan is refinanced. [31] In the first case, FHA MIP is automatically removed after 11 years on mortgages where the borrower made an initial down payment of equal to or greater than 10% of ...

4. What is an FHA mortgage insurance premium? - AOL

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

   Example of an FHA MIP payment. Say you bought a $340,000 home with the minimum 3.5 percent down ($11,900) on a 30-year FHA loan at 6.4 percent interest.

5. Mortgage protection insurance: What it is and when you might ...

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

   There’s yet another acronym: MIP, which stands for mortgage insurance premium and applies to FHA loans. Like PMI, MIP protects the lender, not you. Like PMI, MIP protects the lender, not you.

6. FHA closing costs: What they are and how much you’ll pay - AOL

   www.aol.com/finance/fha-closing-costs-much-ll...

   One requirement when taking out an FHA mortgage: mortgage insurance premiums (MIP). This includes an upfront premium paid at closing, equal to 1.75 percent of the loan principal.

7. FHA loan requirements for 2024: Here’s how to qualify - AOL

   www.aol.com/finance/fha-loan-requirements-2024...

   Mortgage insurance. All FHA loans require you to pay mortgage insurance premiums (MIP). This includes an upfront premium that’s 1.75 percent of the loan amount, which is paid either at closing ...

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

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

   You can get rid of FHA mortgage insurance. 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 ...

9. What is mortgage insurance? - AOL

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

   FHA loan: FHA loans require an upfront MIP and annual MIP. The upfront MIP is 1.75 percent of the loan amount. The upfront MIP is 1.75 percent of the loan amount. For a $400,000 loan, that ...