FHA requires your taxes and insurance to be escrowed. On a conventional loan you have the choice whether or not to have escrow account.
4 Answers · Business & Finance · 24/02/2009
... wife will be buying during the 2012 tax when and IF you can get the FHA loan amount approved for this purpose. Good luck. Hope that you...
3 Answers · Business & Finance · 01/06/2013
Your information is wrong. Prepaying your property taxes does not prevent you from getting an FHA loan nor do you have to "pay twice."
2 Answers · Business & Finance · 29/11/2009
...payment plan with the IRS, that will factor into the debt-to-income ratio. The FHA generally wants your housing cost (PITI) at or less than...
5 Answers · Business & Finance · 03/10/2013
It is FHA approved as of November 27, 2008
1 Answers · Business & Finance · 12/01/2009
...hud.gov/offices/hsg/comp/refunds/ Please read FHA Refund Alerts! http://www.hud.gov/offices/hsg/comp...
1 Answers · Business & Finance · 21/10/2013
That is deductible. However you may only deduct the portion that applied to 2007 so you must pro-rate the premium. If it's a 30 year mortgage, divide the total premium by 360 and multiply that by the number of months remaining in the year from the closing...
1 Answers · Business & Finance · 22/03/2008
not necessarily. The delinquent tax could be paid at the closing of the refinance. However, FHA might not look favorably on a borrower who isn't paying their taxes and think they might be a bad credit risk.
2 Answers · Business & Finance · 13/11/2006