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FHA continues to raise it’s mortgage insurance premiums because they claim that they are running in the red.  Private mortgage insurance insures conventional financing with as little as 3 percent down.  It is also much easier to remove when you get to an equity position over 80%.  Here is some good information on private mortgage insurance.  If you would like some addtional information and how it compares to FHA, call us today at 925-513-0444.

Fact Sheets [PrivateMI.com]