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Mortgage Community Forums | Loan Talk for First Time Home Buyers | IS THE UPFRONT MIP INCLUDED IN THE APR IN NEW YORK

IS THE UPFRONT MIP INCLUDED IN THE APR IN NEW YORK

Posted on: 29th Aug, 2011 06:57 am
IN THE STATE OF NEW YORK IS THE UPFRONT MIP INCLUDED IN THE APR?
I hadn't heard of that before and I thought it was great.
Anonymous
Posted on: 29th Aug, 2011 09:55 am
It is included in the APR in every state
jveenstra
Posted on: 29th Aug, 2011 10:43 am
Yeah, it is definitely included.
sabrinatoss
Posted on: 01st Sep, 2011 10:42 pm
The up-front MIP is included in the APR. The up-front Mortgage Insurance Premium is another fee associated with the loan that is factored in always. I hope this helps...
JKennedySLG
Posted on: 04th Sep, 2011 06:36 am
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