HUD Home Network LLC
Making the American Dream a Reality

  • Home
  • Pre-Qualify Now
  • Services
  • HUD Homes For Sale
  • Training Video
  • Buying Guide
  • Financing Guide
  • Contact Us

 



Home » Financing Guide » How to Obtain Finaincing » Property approval

Mortgage insurance

FHA mortgage insurance is built into every loan. When you get an FHA mortgage, you'll make an upfront mortgage insurance payment (which can be rolled into the total amount of the loan), and make monthly payments thereafter. If you start with a down payment of less than 10%, you'll continue to pay mortgage insurance for the life of the loan. Those with 10% down payments will pay FHA mortgage insurance for 11 years.

‹ Property approval up I Have Bad Credit, Can I Use A FHA Home Loan? ›

Financing Guide

  • Closing Costs and Allowable Charges
  • Credit Requirements for FHA Loans
  • Debt-to-Income Ratio Guidelines
  • Down payment funds
  • FHA Checklist
  • FHA Loan Limit
  • FHA Loan Rules for Down Payment Gift Funds
  • FHA Loan Tips for Improving Credit
  • FHA even permits applicants with no credit scores
  • FHA loans are assumable
  • History of the FHA mortgage
  • How Many Times Can I Use An FHA Loan
  • How long do late payments stay on your credit report
  • How to Obtain Finaincing
    • Create a loan application packet
    • Property approval
      • Mortgage insurance
  • I Have Bad Credit, Can I Use A FHA Home Loan?
  • Minimium Credit Scores for FHA
  • The FHA insures most property types
  • What Are FHA Loan
  • What Kind Of Property Can I Buy Using A FHA Home Loan?
  • What is on your credit report ?
  • What's the difference between an FHA and conventional loan?
  • Why Have FHA Loans Become So Popular
  • You can use an FHA loan to become a landlord

Government Housing Specialist
Phone: (205) 833-1420

E-Mail Us

HUD Home Network LLC
616 Red Lane Rd
Birmingham, AL 35215
 

Login

© 2023 HUD Home Network