What is an MIP (Mortgage Insurance Premium)?

MIP (Mortgage Insurance Premium) and the HUD 223(f) Loan Program

An MIP, or Mortgage Insurance Premium, is an annual payment on a HUD mortgage, paid at closing, for each year of construction, and annually. MIP for HUD 223(f) loans is:


TO LEARN MORE ABOUT HUD 223F LOANS, FILL OUT THE FORM BELOW AND A HUD LENDING EXPERT WILL GET IN TOUCH.