How To Receive A Discount On FHA Mortgage Insurance Premium? | Moreira Team Mortgage

Ask your real estate agent or lender for information on the HELP program from the FHA.

As we show you in this video, HELP – Homebuyer Education Learning Program – is structured to help first time buyers begin the homebuying process. It covers such topics as budgeting, finding a home, getting a loan, and home maintenance.

In most cases, completion of this program may entitle you to a reduction in the initial FHA mortgage insurance premium from 2.25% to 1.75% of the purchase price of your new home.