FHA Financing to increase PMI!

By
Real Estate Agent with The Romanski Group/ Keller Williams Realty

Just FYI this is VERY IMPORTANT> Effective on all FHA case numbers ordered 04/03/2011 forward the new mortgage insurance premium monthly will be increased from .90 to .115. This is a GREAT reason to get moving on buying a new home in Lafayette IN or West Lafayette IN now or making sure your house if priced correctly if you are selling your home and be ready to go prior to 04/03/2011. The loan does not have to be closed prior to this date but the appraisal needs to be ordered prior to this date so we can get an FHA case number assigned.

Contact The Romanski Group with Keller Williams Realty Lafayette if you have any questions. We hate to see this increase! Now might be the time to check out the 97% conventional loans as well. Please contact us at 765-404-5095 to get started looking for your new home in Lafayette, West Lafayette and surrounding communities today! Check out our latest listings at www.RomanskiGroup.com!

 

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