What is this per diem interest on my mortgage Loan Estimate?
Per diem interest is the daily interest charged on your mortgage. Typically, mortgage lenders collect interest from the date of the mortgage
does fha mortgage insurance disappear?
Can mortgage insurance ever be removed on an FHA mortgage?
For FHA mortgages orginated after June 2013, mortgage insurance stays on the mortgage for the life of the mortgage. Except if you put 10%+ down payment when you orginated the mortgage, then mortgage insurance drops off after year 11.
What are the differences between all the insurances needed to buy a house with a mortgage?
There are three buckets of insurance possible needed for purchasing a home with a mortgage. They are: hazard, title and mortgage.
Can I have more than one FHA mortgage?
The Federal Housing Administration (FHA) mortgage program is a popular choice for many homebuyers due to its low down payment requirements, flat mortgage insurance and flexible credit and income rules