I thought I would share some recent news concerning the FHA program. Beginning April 5, 2010 the upfront mortgage insurance premium (MIP) is being raised from 1.75% of the base loan amount to 2.25%.
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FHA Mortgage Insurance to Increase April 5 2010
Posted by Esko Kiuru – Las Vegas NV Mortgage Consultant ( FHA , VA, Conventional, Refinance , Jumbo) 4 days ago. Hey Esko,. And on top of all these billions in buy backs, huge banks will also have to pay the Obama bank tax (to repay TARP)
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Nevada Real Estate >> Las Vegas Real Estate Specialist: Mortgage …
The government mortgage rules are changing for FHA refinance and home buy programs. The Federal Housing Administration announced tightening of FHA lending requirements to reduce risk and improve its reserves. The new FHA guideline …
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Tighter FHA Loan Requirements for Lenders and Borrowers
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