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® – (800) 301-3405 Since 2001, Leaman Team has helped clients to purchase, refinance and renovate. The biggest distinction between lenders is their honesty, customer service, and ability to close on time.

Comments are closed.