6 ms·
It sounds like if you put down less than 20% that part is insured by somebody else so the government doesn't need to re-coup the full 100% to be even as they ca
by lesuorac 1y ago
It sounds like if you put down less than 20% that part is insured by somebody else so the government doesn't need to re-coup the full 100% to be even as they can get 10+% from somebody else.
https://en.wikipedia.org/wiki/FHA_insured_loan#Mortgage_insurance https://en.wikipedia.org/wiki/FHA_insured_loan#Mortgage_insu...