FHA Increases MIP April 2012

FHA Increases MIP April 2012

Austin FHA Lender

FHA Increases MIP April 2012 – The Federal Housing Administration (FHA) has announced that a new premium structure for FHA-insured single family mortgage loans will go into effect April 1st and June 1st. The new premium structure was developed to bolster capital reserves and protect FHA’s Mutual Mortgage Insurance (MMI) Fund.

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