Having mortgage amounts higher than $3MM (or $2MM to own financing properties), consumers need to fulfill article-closing asset standards in order to be considered FHA fund want an upwards-top home loan premium (UFMIP), which can be funded, otherwise paid back during the closing, and you can a keen FHA yearly mortgage top (MIP) repaid month-to-month… Continue reading Having mortgage amounts higher than $3MM (or $2MM to own financing properties), consumers need to fulfill article-closing asset standards in order to be considered