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Originally Posted by Veterans Day
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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generally 8 or so years for the UFMIP.
Thats what Im saying, all FHA loans have to close and fund by the end of the month. If you close on the 1st, you pay interest for that entire month left.