HUD this afternoon released the attached Mortgagee Letter 11-10 notifying lenders that with case numbers assigned on and after April 18, 2011 the annual premium will increase 25 basis points. The one-time upfront fee will stay at 1%. With loans in excess of 95% LTV the annual premium will move from 90 basis points to 115 basis points.
Rainer
86,975
86,975
Guaranteed Rate NMLS 26114550 W.109th St, Suite 140Leawood,KS66211
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