FHA Loan - What is Mortgage Insurance
Channel: Iron Point Mortgage
Date: 2016-05-12

Today we are going to be touching on what is mortgage insurance. While FHA Loans require only a minimum of a 3.5% down payment, which means less risk to the borrower, they do provide more risk to the lender. Therefore, FHA Loans require mortgage insurance. 

For more Tip of the Week Videos, click here for this playlist: 
https://www.youtube.com/playlist?list...

Thanks for watching and please click here to subscribe to our YouTube Channel: https://www.youtube.com/channel/UCEsy...

Iron Point Mortgage is a home loan lender in Folsom, CA offering FHA, VA, USDA, Conventional and Jumbo loans servicing the El Dorado County, Sacramento County and Placer County.

Kevin Fritz
MLO #220254
Iron Point Mortgage
916-985-3200
©2015 A division of Finance of America Mortgage LLC | Equal Housing Lender | NMLS 1071 | AZ BK 0910184 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act.