Is an Upfront Mortgage Insurance Premium collected on a loan having a very low loan to value ratio?

Most FHA mortgage insurance programs require the payment of UFMIP, which may be financed into the mortgage. Indian Lands (Section 248) do not require a UFMIP. The UFMIP is not considered when calculating the area-based Nationwide Mortgage Limits and LTV limits. For more information see Handbook 4000.1 II.A. 2.e.i and Appendix 1.0 - Mortgage Insurance Premiums available at