HUD will increase the Annual Mortgage Insurance Premium by 25 basis points

On April 18, 2011 HUD will increase the Annual Mortgage Insurance Premium by 25 basis points.  This will increase the monthly payment of FHA borrowers whose case numbers are assigned on or after April 18, 2011.  Please email us for information on how this increase will affect specific transactions.  Thank you!

About Max Leaman Austin Mortgage

GREAT RATES, LOW FEES, CLOSE ON TIME™ ---- 2012 Ranked #1 Austin Residential Mortgage Lender (Austin Business Journal) 2010, 2011 & 2012 Five Star Professional (Texas Monthly) 2009, 2010, 2011, 2012, 2013 PrimeLending Chairman's Circle Award 2009, 2010, 2011, 2012 Scotsman Guide Top Originator (Top 200 Mortgage Professionals in U.S.A.) Better Business Bureau "A+ Rating" National Lender Rankings (Scotsman Guide): Top Purchase Volume (No. 10) Most Loans Closed (No. 32) Top Dollar Volume (No. 88)

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