buyers: Changes in FHA Loan and MI starting JUNE 3rd 2013
- 05/31/13 04:46 AM
Important! What you MUST know about FHA Mortgage Insurance Changes on Monday June 3rd: As of June 3rd, Mortgage Insurance will remain on for the life of FHA Loans, regardless of the down payment. To be grandfathered into existing rules, make sure you have done the following three things by Friday May 31st. Step 1: Complete a Loan Application at Synovus Mortgage.com Step 2: Go under contract to purchase a property Step 3: Make sure your lender pulls an FHA case number. (IMPORTANT: double check with all lenders of your FHA buyers that a case number was pulled and that (0 comments)
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