Do FHA home loans need mortage insurance?

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6 Responses to “Do FHA home loans need mortage insurance?”

1. Questions on: 17 June 2009 at 1:58 am

   Unfortunately, Yes. But, if your loan was closed on or after January 1st, 2001, it can be removed at some point in time if it meets certain conditions. You can find out more about those conditions in the source link below. If your loan closed before 01/01/01, you are not able to terminate your mortgage insurance… Hope this helps!
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