· On FHA loans, mortgage insurance remains for the life of the loan if you don’t make a down payment of at least 10%. If you do make that down payment, it comes off after 11 years. The real advantage of an FHA loan is the opportunity to qualify with a 580 credit score as opposed to the 620 required for conventional loans.
Fha Mi Rates 2019
state agency website, find participating lenders, see qualification details, get homebuyer education courses and to contact the agency for.