HUD 221(d)(4) Frequently Asked Questions
Content tagged with: Energy Efficient MIP ReductionClear filter
Jun 13, 2019
Green MIP Reduction for HUD 221(d)(4) Loans
While FHA MIP is usually less expensive than the private mortgage insurance one would pay on a privately-insured loan, it can still get expensive. Fortunately, HUD is now allowing investors and developers to reduce their MIP payments to 0.25%, provided they make energy efficient improvements to their project.