FHA mortgage insurance (MI) is an essential element of the FHA lending program. Mortgage insurance provides an incentive for lenders to approve FHA loans and is instrumental in protecting the financial integrity of the FHA lending program by covering loan losses. The most common questions regarding FHA mortgage insurance are answered on the website of […]
FHA Mortgage Insurance – What Is It For And Why Does It Exist?
December 15, 2010 Filed Under: FHA Mortgage Basics, FHA Mortgage Insurance