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 [...]
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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 trouble due to [...] 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 you need [...] |
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