reno fha loans
Goodbye FHA Loans
Looks like FHA loans are on their way out. A couple weeks ago I did a post on the new increase in mortgage insurance for FHA due to a $16.3 billion dollar deficit. Read here. The premise was HUD (FHA) is looking to and most likely will increase MIP (mortgage insurance premium) $15-20$ per month […]
Still Want All Your Closing Costs Paid For? Time May Be Running Out
HUD wants to reduce closing cost concessions to 3%. Let your voice be heard and ask for them to remain at 6%. We need more home buyers in the market.