Today’s FHA Mortgage Rates. December 15, 2011 *Please note that FHA Rates are subject to change, sometimes several times per day.* *We now have credit score tier specific FHA Mortgage Rate!* *All FHA Rates posted are based on 30 day locks. * *Please note that the FHA Rates posted are subject to adjustments for the […]
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FHA Buy and Bail Exceptions HUD-4155.1 REV-5, paragraph 1-2 Principal Residences Question 50: If my principal residence is currently covered by an FHA-insured mortgage, can I purchase another principal residence with an FHA-insured mortgage? Answer: Only under the following situations described below: a) Relocation – Relocating to another area not within a reasonable […]
Why An FHA Loan Still Makes More Sense Than A Conventional Loan. Here is a question a lot of first time home buyers and even seasoned pros ask. Is an FHA Loan better? Well let’s take a look at the numbers to see if we can figure this out together. It all depends on your […]
FHA monthly mortgage insurance is going up. Staring on April 18, 2011, the amount you pay for monthly mortgage insurance on an FHA loan is going up by .25%. The box below shows how this increase will impact a typical FHA Loan. Current FHA Monthly Mortgage Insurance FHA Monthly Mortgage Insurance After […]
Today’s FHA Jumbo Mortgage Rates. November 3, 2010 *All FHA Jumbo Mortgage Rates are based on a $700,000.00 loan amount * *Please note that FHA Jumbo Mortgage Rates are subject to change, sometimes several times per day.* *We now have credit score tier specific FHA Jumbo Mortgage Rates!* *All FHA Jumbo Mortgage Rates posted are […]
