Tag: Exceeding loan limit

FHA – Loan with UFMIP Exceeds Maximum Loan Amount

Question: If the base loan amount of the FHA loan is at or below the loan limit, can the total loan amount with the MIP financed exceed the maximum loan limit? Answer: Yes, below is the guideline that states that the financing of the UFMIP may exceed the total mortgage amount (unless otherwise stated). Reference: […]

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.

Scroll to Top