What Is MIP PMI Disbursement?
What Is MIP PMI Disbursement? Mortgage insurance premium (MIP) is paid by homeowners who take out loans backed by the Federal Housing Administration (FHA). … However, the Further Consolidated Appropriations Act of 2020 allows tax deductions for MIP and private mortgage insurance (PMI) for 2020 and retroactively for 2018 and 2019. What is a PMI