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MIP: Financial Insurance costs when considering HUD 221(d)(4) Funds

MIP: Financial Insurance costs when considering HUD 221(d)(4) Funds Just like a debtor who removes an exclusive a house financing has to shell out personal financial insurance rates (PMI), a developer whom removes a keen FHA multifamily framework financing possess to spend home financing cost (MIP). As FHA does not make a profit into its […]