Effective for FHA loans for which the case number is assigned on or after April 5, 2010 FHA will collect an upfront mortgage insurance premium of 2.25 percent, up .50 from previous amount.
The FHA monthly mortgage insurance premiums will remain the same at .50 and .55 depending on loan to value.
To find out how this effects your monthly mortgage payment when purchasing a house, visit me at http://www.rickvandentop.com/home.html or give me a call at
(605) 359-1775
FHA Mortgage Changes for April 5, 2010
Posted in Uncategorized on April 1, 2010 by rickvandentopPosted in Uncategorized on March 25, 2010 by rickvandentop
With all the stuff happening in the Mortgage and Real Estate industries, I think it is more important than ever to not only look at your budget and your Lifestyle so you don’t have any regrets later. By doing my Mortgage Lifestyle Consultation, we can determine what monthly house payment fits your Lifestyle so you can live the way you want to.
Make it a Fun day!
Rick Van Den Top
Mortgage Loan Originator
Midwest Family Lending
Ph. (605) 359-1775
www.rickvandentop.com
Is Social Media A Fad?
Posted in Uncategorized on March 23, 2010 by rickvandentopCheck out these staggering facts regarding social media – there are so many ways to integrate this into traditional marketing for free…have you noticed all the companies that are using traditional media to drive people to social media? Just drive down Minnesota Ave and pay attention to the signs
Enjoy!
Rick