Is the mortgage insurance premium structure different for FHA rehabilitation mortgages?

No, the mortgage insurance premiums for Section 203(k) rehabilitation mortgages are the same as those charged for Section 203(b) mortgages.

For additional information see Handbook 4000.1 Appendix 1.0 Mortgage Insurance Premiums available at
https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh

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-02559