Real estate blog entries tagged with pmi deductibility by Cornerstone Home Loans

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Home : Blogs : Evan Vanderwey, The Cashflow Coach : Cash Flow Coach : Tag "pmi deductibility"

pmi deductibility: FHA vs. Conventional Loans - 02/14/08 12:41 PM

The FHA has been in the news a lot lately. More recently because of the pending conforming loan limit changes. Just a word on that, especially those of you in Michigan - don't expect much if any change in our conforming loan limits.
The calculation is based on 1.25% of the median home values. Which means for Michigan homeowners our calculation will be based on a average value of $141,000 x 1.25% = $176,250. This is well under the current conforming limit of $417,000 and on top of that, we are not considered a high cost living area. So if you … (1 comments)

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Evan Vanderwey, The Cashflow Coach

Okemos, MI

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