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FHA STREAMLINE LOAN. Do need a mortgage insurance for this loan?

by theresaalexander2... from , Virginia. Dec 12th 2013 Reply


Robert Hanson (rhanson)
#38 ranked lender in Maryland - 646 contributions

Yes, all FHA loans carry an upfront and monthly Mortgage Insurance. However, if your current loan was endorsed by FHA prior to May 31st 2009 it is greatly reduced from what it would otherwise be. 20 years experience in the industry. I am always happy to assist so if you need more information, a pre-qualification, or a competing rate quote you can go to my web page and use my live support button to discuss or get advice on anything at all with me. Web Address is: http://www.loansfromrob.com/quote/ Email is rhanson@gladewaternational.com and direct phone is 240-752-7549. Good Luck -- Rob Hanson

Dec 12th 2013
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Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions

All FHA mortgages require mortgage insurance. I am a Branch Manager in the state of Virginia, so if you need any additional information please call me. Jericho Cherry 804-519-7289.

Dec 12th 2013
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

Yes, all FHA loans require mortgage insurance.

Dec 13th 2013
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

Yes All FHA loans Carry both an Up front and a monthly mortgage insurance premium.

Dec 13th 2013
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Sean Young (SeanYoung)
#1 ranked lender in Colorado - 1,112 contributions

Unfortunately yes.

Dec 15th 2013
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