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Carmen Said:

FHA mortgage, Mortgage Insurance Premium?

We Answered:

The 1st answer has mortgage insurance and mortgage insurance premium confused. It is 2.25%. You will have to pay it for your FHA loan but You have the option to finance it. Most people do.
Even after you eighter pay or finance this amount, you will still need to pay your monthly PMI(mortgage insurance)

Debbie Said:

FHA Insurance on mortgage that had more than 20% down?

We Answered:

FHA loans always have upfront mortgage insurance and monthly mortgage insurance. The only time they don't is if you do a 15 yr. term with at least 10% down. If you did a 30 yr., you'll have mortgage insurance.

Alex Said:

Do ALL FHA loans require mortgage insurance?

We Answered:

Yes all FHA loans have mortgage insurance.