fha change: Change coming to Maricopa - Fha loan limits changing
- 12/18/13 12:32 AM
By David Baker Change to financing homes in Maricopa County, including Laveen is coming for buyers using an FHA loan. This will be the second change this year for the FHA which affects buyers. The first FHA change of the year came in April 2013. The FHA change came in the form of the mortgage insurance premium no longer falling off after 78% loan to value is attained. Prior to April, once your home value reached that 78% of loan to value, it would fall off the loan. The MIP for a home loan of about $193,000 can be about $1700 … (0 comments)
By David Baker
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