FHA Mortgage Changes for April 5, 2010

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

Like this:

Be the first to like this post.

This entry was posted on April 1, 2010 at 4:58 pm and is filed under Uncategorized . You can follow any responses to this entry through the RSS 2.0 feed You can leave a response, or trackback from your own site.