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fha: FHA Changes Could Cost Buyers More Money - 09/01/10 11:40 AM
Changes to FHA financing now scheduled to take effect on October 4 will probably raise the monthly payments for those who use the popular FHA Financing option.  My loan officer, Mona Campos from Keystone Financial Mortgage in Bethlehem, recently showed me how the numbers add up.
Currently all FHA borrowers pay a 2.25% up-front funding fee at the time of closing on their home purchase.  Most buyers actually roll this amount into their loan as part of their closing costs, so they never really think about it.  It is, however, raising their monthly payment.  The good news is that FHA is … (0 comments)

 
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Joe Corcoran

Bethlehem, PA

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Deb and Joe Corcoran, Keller Williams Real Estate

Address: 2901 Emrick Blvd, Suite 100, Bethlehem, PA, 18020

Office Phone: (484) 893-1234

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