{"id":1308,"date":"2014-05-24T18:19:00","date_gmt":"2014-05-24T18:19:00","guid":{"rendered":"https:\/\/www.usdaloanoregon.com\/?p=1308"},"modified":"2022-11-01T18:20:08","modified_gmt":"2022-11-01T18:20:08","slug":"usda-vs-fha-mortgage-insurance-rates","status":"publish","type":"post","link":"https:\/\/www.usdaloanoregon.com\/usda-updates\/usda-vs-fha-mortgage-insurance-rates\/","title":{"rendered":"USDA vs FHA Mortgage Insurance Rates"},"content":{"rendered":"\n<p>Do you know the difference between USDA and FHA?&nbsp; With FHA or USDA you will have mortgage insurance or PMI (private mortgage insurance).&nbsp; 98% of home loans with less than 20% down-payment will have some sort of PMI (there are many types \u2013 call me for an explanation). At the time of this writing FHA PMI is at 1.35% per Month vs. USDA at 0.40% per month ~ a huge difference!&nbsp; While FHA allows you to purchase in a larger city \u2013 USDA is only for Rural areas.&nbsp; So even though both of these programs have Mortgage insurance USDA premiums are about 70% less than FHA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do you know the difference between USDA and FHA?&nbsp; With FHA or USDA you will have mortgage insurance or PMI (private mortgage insurance).&nbsp; 98% of home loans with less than 20% down-payment will have some sort of PMI (there are many types \u2013 call me for an explanation). At the time of this writing FHA &#8230; <a title=\"USDA vs FHA Mortgage Insurance Rates\" class=\"read-more\" href=\"https:\/\/www.usdaloanoregon.com\/usda-updates\/usda-vs-fha-mortgage-insurance-rates\/\" aria-label=\"Read more about USDA vs FHA Mortgage Insurance Rates\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/posts\/1308"}],"collection":[{"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/comments?post=1308"}],"version-history":[{"count":1,"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/posts\/1308\/revisions"}],"predecessor-version":[{"id":1309,"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/posts\/1308\/revisions\/1309"}],"wp:attachment":[{"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/media?parent=1308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/categories?post=1308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.usdaloanoregon.com\/wp-json\/wp\/v2\/tags?post=1308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}