Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Financed Mortgage Insurance Premium

Fannie Mae

Updated 10-31-2026

Financed Mortgage Insurance Premium

A mortgage insurance premium for which the borrower is not required to make an advance payment from their own funds. Rather, the amount required to pay for a lump-sum premium is financed by including it as part of the original mortgage amount.

Fannie Mae Glossary of Terms

Fannie Mae · p. 17

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