lender disclosure

(FHA) Loan Riddle

Q:  When is a 3.75% FHA loan a better deal than a 3.5% FHA loan? A:  When the 3.75% loan is (a lot) cheaper to get. Consumers shopping for a mortgage tend to focus only on the face rate of the mortgage. That’s a mistake, because the total cost of the loan breaks down into two...
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