Am I eligible for an FHA insured loan if I don't pay the required mortgage insurance premiums?

No, you would not be eligible because upfront and annual mortgage insurance premiums are collected for most FHA insured loans, except for the following programs which have varying requirements.
  • Title I
  • Section 248 Indian Lands
  • Hawaiian Homelands
FHA's mortgage insurance is insurance coverage that protects lenders against some or most of the losses that can occur when a borrower defaults on an FHA mortgage loan.

For more information see Handbook 4000.1 V. Appendix 1.0 available at

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.

Topic Number: KA-01485