Real estate blog entries tagged with fha requirements by Heather Adkinson Moses Lake Real Estate Agent (Windermere K-2 Realty LLC www.propertiesinmoseslake.com)

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Home : Blogs : Heather Adkinson Moses Lake Real Estate Agent : Moses Lake Real Estate : Tag "fha requirements"

fha requirements: New FHA Requirements and How it Will Affect You - 01/20/10 01:21 PM

So today the Commissioner announced some changes that are in the pipeline for FHA mortgages. Since I would say today in our area 3 out of every 5 mortgages are FHA this will impact a lot of us in this area.The FHA has decided to raise up front mortgage insurance costs from the borrower from 1.75% to 2.25%. They are also requesting permission to increase the maximum MIP that they can charge. Does it suprise you that an insurance company wants to increase rates? Doesn't suprise me a bit!For new borrowers to qualify for a loan if they have a 580 … (5 comments)

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Heather Adkinson Moses Lake Real Estate Agent

Moses Lake, WA

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Windermere K-2 Realty LLC www.propertiesinmoseslake.com

Address: Moses Lake, Warden, Ephrata, Quincy, Moses Lake, WA, 98837

Office Phone: (509) 760-7733

Cell Phone: (509) 760-7733

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