This is just a reminder to all proactive Florida USDA home buyers that starting Oct 1st the cost of USDA home loans are going up…slightly. USDA Rural Housing will be adding a monthly mortgage … [Read more...] about Rural Development USDA Mortgage Insurance /PMI Coming.
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QUESTION: Does rural devolvement USDA require PMI or monthly mortgage insurance payments? Thanks, D. Tanner / Fort Meyers, FL ANSWER: USDA home loans have only a one-time upfront premium of 3.5% … [Read more...] about USDA home loan mortgage insurance ?