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Posts Tagged ‘UFMIP’


FHA Mortgage Insurance Premiums Increasing April 9, 2012

Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today.

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Posted in Mortgage Guidelines | Comments Off

FHA Drops Upfront Mortgage Insurance Premium To 0.01% For Qualified Borrowers

Beginning mid-June 2012, certain current, FHA-backed homeowners will be able to refinance their existing FHA mortgage into a new one, without having to pay the government-backed group’s new, costly mortgage insurance premium schedule.

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Posted in Mortgage Guidelines | Comments Off

FHA To Raise Mortgage Insurance Premiums April 1, 2012

Beginning April 1, 2012, the FHA is once again raising its mortgage insurance premiums.

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Get Your FHA Mortgage Application Started — Fees Increase 1/2 Percent Starting Monday, April 5, 2010

Starting Monday, April 5, 2010, getting an FHA mortgage will be more expensive. That means you’ll want to give a full mortgage application before the weekend so your lender can register your loan in time for the deadline.

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Posted in FHA Guidelines, FHA Mortgages | Comments Off

FHA Increases UFMIP and Down Payments

So I’m sitting here watching CNBC, and what do I hear? FHA changes UFMIP to 2.25% and Down Payments are being increased! If you recall, I have been writing about my outlook on FHA changes for a while now, and folks, I wasn’t that far off. The Federal Housing Administration has been in some financial…Read the Rest of Article

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Posted in Mortgage Insights | Comments Off

Oh Boy! More FHA Guideline Changes

This is the main reason you NEED to have an FHA EXPERT (such as us of course) working with you. Can you imagine being 2 weeks into the process and your part-time Loan Officer calling and saying, “Hi Bob… um, we have a little issue?” In our information age, you need what you want, and…Read the Rest of Article

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Posted in Texas Mortgage News | Comments Off