If anyone is looking for a property and is utilizing FHA financing. If you enter an accepted offer or purchase and sales before 4/18/11 make sure that you have your lender/bank that is handling the financing for your purchase order the FHA CASE NUMBER before 4/18/11 so that you get the lower factor for mortgage insurance for FHA financing.
If you are currently looking for a home, access my web site at www.HomeSuccessWithSusan.com to see all the listings on MLS (Multiple Listing Services) If you are a future seller I would be happy to prepare a FREE market analysis of your property. My cell is 413-222-7746
The current up front mortgage insurance is 1.00% of he total loan amount and the monthly is .90 of the loan amount. Case numbers assigned on or after 4/18/2011 are the following
For loan terms >15 years
LTV Premium
>95% 1.15
<95% 1.10
For loan terms 15 years or less
LTV
>90% .50
<90% .25
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