In addition to the up-front mortgage insurance premium the FHA now charges a(n)____________________ premium of 1/2 of 1% of the loan balance.
Correct Answer:
Verified
Q52: After December 1, 1986, the FHA would
Q53: Since the VA is guaranteeing the loan,
Q54: A home sells for $150,000 but is
Q55: A single woman applied for an FHA
Q56: The word point means 1% of the
Q58: The relationship between the amount of money
Q59: In the event of default and subsequent
Q60: A(n)_ loan is any loan that has
Q61: Choose the most appropriate answer for each.
-a
Q62: Choose the most appropriate answer for each.
-balance
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