To own financing quantity greater than $3MM (otherwise $2MM to have investment characteristics), customers have to meet post-closure asset standards to qualify

To own financing quantity greater than $3MM (otherwise $2MM to have investment characteristics), customers have to meet post-closure asset standards to qualify FHA loans need an upwards-front side home loan cost (UFMIP), which are often funded, otherwise paid down during the closure, and you can a keen FHA annual financial insurance premium (MIP) paid off […]

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