FHA Mortgage Insurance Premium Reduced January 27, 2017

John Thomas January 9, 2017 Tags: FHA Mortgage Insurance, FHA Mortgage Insurance Premium

FHA Mortgage Insurance Premium Reduced January 27, 2017

FHA Mortgage Insurance Premium reduced January 27, 2017 by 0.25% on new FHA Loans. Monday January 9, 2017 HUD secretary Julian Castro announced FHA will reduce the annual mortgage insurance premium most borrower’s pay by 0.25% for new FHA loans originated on/or after January 27, 2017. Call 302-703-0727 to apply for a FHA Loan or APPLY ONLINE
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FHA Mortgage Insurance Premium Dropping January 26, 2015

John Thomas January 10, 2015 Tags: Delaware FHA Loans, FHA Loans, FHA MIP, FHA Mortgage Insurance

FHA Mortgage Insurance Premium Dropping January 26, 2015

FHA Mortgage Insurance Premium being lowered on all new FHA Case Numbers assigned on or after January 26, 2015, as announced by HUD Secretary Julian Castro on January 8, 2015, per an executive order by President Obama. FHA will reduce the annual mortgage insurance that borrowers will pay by 0.5%. FHA made this official with the publication of the Mortgagee Letter 2015-01. Call 302-703-0727 to Apply for an FHA Loan or APPLY ONLINE
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FHA Announces Increase in MI Effective April 9 2012

John Thomas March 2, 2012 Tags: Federal Housing Authority, FHA Loans, FHA Mortgage Insurance

FHA Announced Increase in MI Effective April 9, 2012

FHA announces it is increasing the upfront mortgage insurance premium and the yearly mortgage insurance premium effective April 9, 2012. The Guideline changes are discussed below in the video by John R. Thomas from Primary Residential Mortgage. Call 302-703-0727 if you would like more information or apply for an FHA Loan for the purchase or refinance of home or APPLY ONLINE.

New FHA Mortgage insurance Guidelines Effective April 9, 2012, by John R. Thomas from Primary Residential Mortgage Keep Reading...

Delaware FHA Loans – MIP Changes October 4, 2010

John Thomas September 29, 2010 Tags: Delaware FHA Loans, FHA Mortgage Insurance, MIP

It is official: FHA was given authority on September 3, 2010, to change the amount charged to borrowers for both the Up Front Mortgage Insurance Premium and the Annual Mortgage Insurance premiums…and change them they did. Keep Reading...

FHA Loans – Mortgage Insurance

John Thomas July 26, 2007 Tags: Delaware FHA Loans, FHA Mortgage Insurance

FHA Loans – FHA Mortgage Insurance

FHA does not fund home loans directly; rather, it provides a guarantee to the mortgage lender against default. There are two separate fees that HUD collects to provide a level of guarantee coverage to the lender: Keep Reading...