florida mortgages: Getting an FHA Mortgage soon? Better hurry to avoid higher fees!!
- 03/15/11 12:51 PM
This was provided to me from David Wakefield at PrimeLending. FHA Changes: This is the biggest change in sight right now and basically will mean higher payments for your FHA buyers. This might make those strong credit buyers strive to put down the extra $$ to qualify for a Conventional loan or to look at properties that would be eligible for USDA financing. Annual MIP Increases - February 15, 2011 With Mortgagee Letter 11-10, FHA announces an increase to the Annual Mortgage Insurance Premium on standard FHA loan programs and a change that affects case numbers. Here are the 7 things … (0 comments)
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This was provided to me from David Wakefield at PrimeLending. FHA Changes: This is the biggest change in sight right now and basically will mean higher payments for your FHA buyers. This might make those strong credit buyers strive to put down the extra $$ to qualify for a Conventional loan or to look at properties that would be eligible for USDA financing. Annual MIP Increases - February 15, 2011
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