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FHA MORTGAGE INSURANCE PREMIUMS CHANGE ON OCTOBER 1, 2008

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Real Estate Agent with Realty Group Referrals 16766

FHA MORTGAGE INSURANCE PREMIUMS CHANGE ON OCTOBER 1, 2008

Effective with new FHA case number assignments on or after that date, FHA will no longer base its mortgage insurance premiums on a combination of credit bureau score and loan-to-value ratio.  The new premiums (upfront and annual) to be implemented for all loans for which a case number is assigned on or after October 1, 2008, are set forth in the Mortgagee Letter which may be viewed at:

  http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/08-22ml.doc

Upfront premiums:  1.75%

Annual premiums:  .5 % for LTV less than 95% and .55% for LTV more than 95%.

Contact your lender if you have questions on the changes.

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Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I hope you are fully enjoying the holiday season. Have a very special week.

Happy New Year!

Dec 29, 2015 07:49 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I hope you have enjoyed the holiday weekend. Have a great week and a very productive January.

Jan 03, 2016 09:19 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We had another beautiful day in Maryland. Enjoy the weekend.

Apr 15, 2016 09:19 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

My previously scheduled blogs and reblogs are still not posting. I have to manually post them.

Jun 07, 2016 12:20 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We had very nice weather this morning for my photowalk through Kentlands, our home community within the City of Gaithersburg, Maryland.

Aug 31, 2016 05:44 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I hope you are having an outstanding weekend. We have another lovely day in Maryland and life is good.

May 07, 2017 09:51 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Dolores and I have been very busy on this beautiful day in Maryland.

Have a lovely weekend.

Jun 03, 2017 12:37 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

It is sometimes a good idea to revisit old blogs and reblogs. We might even find some material for new posts.

Feb 17, 2018 12:01 PM
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