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FHA to lower the annual mortgage insurance premium on FHA loans by 30-basis points

By TIM GARTON

Real Estate Agent with Messina Realty Vallejo DRE# 01494298

February 24, 2023 10:08 AM

Dear Friends, Clients and Future Clients,

Great news for the first time home buyers making a purchase with the FHA loan. California had the 3rd highest amount of FHA loans made last year in the nation so there are many buyers using this product here. ( One in 10 home buyers used the FHA loan last year) The FHA Loan plays a pivotal role in providing housing opportunities for families throughout California. When your ready to make that Vallejo CA home purchase please contact Tim Garton Re/Max Gold Vallejo 707-315-5555.

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Trish Cole

New American Funding - Puyallup, WA

Where Financial Strategy Meets Home Ownership

This is exciting news for all. VA is reducing the funding fee and Fannie Mae has reduced Loan Level Pricing adjustments. Definitely a trend to try and get those monthly payments down a little.

Feb 24, 2023 10:30 AM

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

This is truly great news for FHA buyers all around. Thanks for sharing.

Feb 24, 2023 02:11 PM

George Souto

George Souto NMLS #65149 - Middletown, CT

Your Connecticut Mortgage Expert

TIM GARTON the FHA MIP is headed in the right direction, while the Fannie Mae and Freddie Mac LLPA's are headed in the wrong direction.

Feb 24, 2023 03:42 PM

GilbertRealtor BillSalvatore

Arizona Elite Properties - Chandler, AZ

Realtor - 602-999-0952 / em: golfArizona@cox.net

Welcome to the Rain. Enjoyed your blog page, and I added you as a friend. I would love the follow back. We look for more from you later on. Thanks Bill

Feb 25, 2023 06:38 AM