What you need to know about private mortgage insurance – Interest.com – . down, and in 2015, the government reduced the annual FHA mortgage insurance. Unlike private mortgage insurance on conforming loans, you can't drop FHA. as all PMI companies typically charge the same or similar rates, which they.

Fha Fixed Rate Mortgage Apply For Fha How to Apply for an FHA Loan in Washington State: Process. – In order to apply for an FHA loan in Washington State – or any kind of mortgage loan, for that matter – you need to have a completed sales contract or purchase agreement. To clarify: You can get pre-approved by a mortgage company before you make an offer on a home and sign a purchase agreement. That’s the whole point of pre-approval.