FHA requires a 3.5% down payment as well as an upfront and monthly mortgage insurance in many cases. The MIP displayed are based upon FHA guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. See upfront and monthly calculations: FHA Mortgage Insurance Requirements.
*WHEDA Advantage fha requirements supersede HUD's. Refer to the FHA Advantage Underwriting Guide Section 6.0.. e.i MIP Chart.
Fha Mortgage Companies Fha 203K Loan Requirements 2017 Fha Upfront mip rate fha mortgage Insurance Guide & Chart – FHA Mortgage Insurance Premium Refund Fast Facts. Here’s a few good things to know about fha mip refunds: When doing an FHA to FHA refinance, your refund will be applied to the upfront mortgage insurance premium on the new loan.