MIP

MIP, or Mortgage Insurance Premium, is a fee paid by homeowners who take out loans backed by the Federal Housing Administration (FHA).

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Mortgage Interest Rate Index

When you apply for a reverse mortgage, lenders must conduct...

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Mortgage Loan Officer

When you apply for a reverse mortgage, lenders must conduct...

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Recent Articles

What is a Lender Credit?

What is a Lender Credit?

Many banks and mortgage lenders often offer borrowers lender credits to help pay for closing costs. Here we’ll discuss lender credits in...

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