Thread: Mortgage 101
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Old 02-03-2005, 05:44 PM  
Veterans Day
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Join Date: Jul 2003
Location: The Windy City
Posts: 8,403
Quote:
Originally Posted by DrewKole
There is no prepayment penalty on an FHA... except for the fact you have to pay the interest for that month.

You get a portion of your UFMIP back if you do a refi too.
STFU man, but UFMIP is prorated over how many years? And what if I dont close at the end of the month and close on the first of the month?
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