November 21, 2024

FHA MORTGAGE LOAN RULES – INSURANCE RATE LOWERED

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.

FHA MORTGAGE INSURANCE PREMIUM CHARTS

FHA MORTGAGE INSURANCE CHART

INTEREST RATE EXAMPLES FOR FHA LOANS JAN 2015

FHA_MORTGAGE_RATE_OPTIONS

BEST BAY AREA MORTGAGE LOANS

About Jason Wheeler - Real Estate & Lending

Thank you for visiting my website! I'm Jason Wheeler and I've been a top producing Bay Area consultant in real estate and finance since 2003. People are hands down my #1 passion. I believe relationships are the most important thing in the world. In the realm of real estate and financing however, things can be convoluted, frustrating and down right upsetting in a lot of cases. I work HARD to always make people first, and strive to not only help them with their Real Estate and financial goals but to pull back the curtains and EDUCATE people on the processes, what they can do, what they can’t do and how to make the pieces fit in any given situation.

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