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FHA borrowers who can’t qualify for the price-cut Streamline program will have to pay the going rate for upfront and annual mortgage insurance. UFMIP has recently jumped from 1% to 1.75%. And, annual MIP on a 30-year loan can be between 1.2% and 1.5% depending on the situation. Borrowers who qualify for price-cut FHA Streamline can avoid these increases. Streamlines require significantly ... ................
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