Can FHA monthly mortgage insurance premiums be lender based?Hello-We are looking to buy a house with FHA loan and are shopping around for the best available mortgage rates. We have received offers from two lenders and are confused about the mortgage insurance premiums. Can the FHA mortgage insurance premium be based on the lender? One of the lenders is offering us FHA PMI $120 less than the other one. The rest of the costs are pretty much the same. And, yes we have applied for the same loan amount to both the lenders.We are closing out the contract very soon so ANY help will be deeply appreciated!Thank you,ShubhiDecember 19 2012 - Vienna00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.