by The 2 Mortgage Guys | Sep 2, 2010 | Indiana Mortgage Blog, Program Changes
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...
by The 2 Mortgage Guys | Mar 31, 2009 | General News & Information, Indiana Mortgage Blog, Tips
Did you pay Private Mortgage Insurance on your mortgage in 2008? (watch our video on PMI here) Recent rule changes allow home owners to write off the PMI portion of their payments on their tax returns. If you did, be sure to let your CPA or Tax Advisor know and you...
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