FHA lowers mortgage insurance
Awesome news from a mortgage lender I use a lot about FHA costs…
“YAHOO, great news! Most people who are currently in an FHA loan have not been able to take advantage of the low rates because FHA had a such a high monthly mortgage insurance premium that it took the value away. FHA finally got it together and is lowering the upfront mortgage insurance AND the monthly mortgage insurance! If I you’ve been told you that it just didn’t make sense before, well it probably does now. To get the process rolling quickly you can apply online to www.firstcal.net/eusea. The new amounts will start AFTER April 9th, but let’s get it ready!!”
Area Sales Manager
Posted on March 8, 2012, in Market Conditions and tagged Federal Housing Administration, FHA, FHA insured loan, Insurance, Loan, Mortgage insurance, Mortgage loan, Refinancing. Bookmark the permalink. Leave a comment.