FHA Changes

HUD announced changes to the Upfront mortgage insurance premium charged to borrowers utilizing FHA financing.  The premium is currently 1.75% of the base loan amount  & is being raised to 2.25%  effective with all case numbers ordered on or after April 5, 2010. 

Look for more FHA financing changes!!

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About lizschneider66

Mortgage consultant with over 18 years experience. First time buyers, move up buyers, construction, FHA/VA, Jumbo loans, investment property purchases, & refinances- I will find the solution to financing the American dream of homeownership! Subscribe to my blog and never miss any mortgage industry news.
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