Average Fha Loan Amount

. require an upfront mortgage insurance premium and an annual premium, regardless of the down payment amount. The upfront premium is 1.75% of the loan amount, and the annual premium ranges from 0.45.

Credit Score For Fha Loan Morgage Rate Finder Low Income Mortgage Loans How to buy a house with low income in 2019 – In addition, mortgage insurance for these low income home loans is discounted. With three percent down, standard mortgage insurance for a buyer with a 720 FICO score is .95 percent per year. With these special programs, though, you might pay just .65 to .77 percent. Avoiding PMI is costing you $13,000 a year.