We’ve all been there, you have a new sofa, and then, seeming no time after …
Read More »Understanding Upfront Mortgage Insurance (UFMIP)
There are a lot of costs associated with getting a government-backed home loan. The down payment and closing costs can add up to tens of thousands of dollars. But there’s one cost you need to prepare for, the upfront mortgage insurance premium (UFMIP). This article will look at what upfront …
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