What is the FHA Self Sufficiency Test? Oct 11, 2024 3 min read fha The FHA Self-Sufficiency Test ensures that a multi-family property with three or four units generates enough rental income to cover its
Can mortgage insurance ever be removed on an FHA mortgage? Jun 21, 2024 3 min read fha 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.