FHA mortgage loan rules in the bay area have recently changed.
I thought you would be interested to know about this if you haven’t heard yet. This could be good for any FHA buyers that are on the fence and save them some money.
You can learn more about FHA guidelines and rules here. However if you’d rather just ask us we would be happy to go over your options with you.
FHA MI rates are going down significantly for all loans registered after 1/26/2015
FHA has reduced annual mortgage insurance premiums that will take effect January 26, 2015. FHA will temporarily approve cancellation requests for active FHA Case Numbers within 30 days of the effective date.
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