Wednesday, July 8, 2015

Mortgage Refinance: FHA = subprime, 12.4% interest cost of FHA insurance, 50% risk premium

Yesterday I described How to game the system with FHA loans for maximum advantage. Today, I want to look at the cost of that financing. It’s up to you to determine whether you believe the benefits are worth the costs.Many have quipped that FHA has become the replacement for subprime. They ...
FHA = subprime, 12.4% interest cost of FHA insurance, 50% risk premium

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