CONTACT US
APPLY ONLINE
ABOUT USFHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011
Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points.
FHA Mortgage Insurance Changes Coming!
Effective for FHA loans for which the case number is assigned on or after October 4, 2010 the Upfront Mortgage Insurance will decrease from 2.25 to 1.00 (100 basis points) on most FHA insured loans except Home Equity Conversion (HECM – “reverse mortgage”). Chances are you have heard this or some version of it but [...]
Bills Introduced to Extend USDA Home Loans
Two members of the U.S. House of representatives have introduced bills to save the U.S. Department of Agriculture’s Single-Family Housing Guaranteed Loan Program–one of the last ways to get into a house for no money down–which is expected to exhaust its fiscal-year funding in coming weeks. Tweetgovernment,politics news,politics news,politics
Administration Overhauls Foreclosure Assistance Programs
The Obama Administration this morning outlined a major overhaul to its housing relief efforts, proposing significant changes to the Home Affordable Modification Program and to FHA programs. Tweetgovernment,politics news,politics news,politics
FHA announces big upcoming changes!
Federal Housing Administration (FHA) Commissioner David Stevens today announced a set of policy changes to strengthen the FHA’s capital reserves, while enabling the agency to continue to fulfill its mission to provide access to homeownership for under served communities. The changes announced today are the latest in a series of changes Stevens has enacted in [...]
Home Buyer Tax Credit Extended & Improved
Tweetgovernment,politics news,politics news,politics
