Double New Year Bonus! FHA Maximum Loan Amounts Went Up AND Annual MIP Premiums Went Down…..Substantially! Great news for buyers as it gives them more options, and maybe even a little more house! Comment below and I’ll send you the new chart.
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HUD Suspends MIP Decrease with ML 2017-07 – Effective 1-20-17 – That provided reduced annual mortgage insurance premiums for most FHA programs for loans closing/disbursing on or after January 27, 2017, citing the need for “more analysis and research” FHA rescinded the policy change Rule Synopsis: [tweet-start]Big News for FHA Borrowers. Annual MIP Premiums Have […]