mortgage insurance premium (MIP)
GPTKB entity
Statements (14)
Predicate | Object |
---|---|
gptkbp:instanceOf |
insurance premium
|
gptkbp:acceptsPaymentMethod |
annual
upfront |
gptkbp:appliesTo |
FHA loans
|
gptkbp:cannotBeRemovedAutomatically |
true
|
https://www.w3.org/2000/01/rdf-schema#label |
mortgage insurance premium (MIP)
|
gptkbp:introducedIn |
1934
|
gptkbp:pays |
borrower
|
gptkbp:purpose |
protect lender against borrower default
|
gptkbp:regulates |
gptkb:U.S._Department_of_Housing_and_Urban_Development
|
gptkbp:relatedTo |
gptkb:private_mortgage_insurance_(PMI)
|
gptkbp:requires |
gptkb:Federal_Housing_Administration
|
gptkbp:bfsParent |
gptkb:FHA
|
gptkbp:bfsLayer |
5
|