Thursday, March 4, 2010

FHA Changing UFMIP

Don’t forget April 5th all case numbers order on or after this date the new upfront mip will be 2.25 this is for stream line loans also. The monthly mi will be .55 for loans with a LTV greater than 95%. You can view the mortgage letter.

Shirley Nault has been a mortgage professional for over 20 years. Visit her other mortgage web sites go to www.mtgview.blogspot.com or www.dutips.blogspot.com