by ILGM Ninjas | Feb 8, 2013 | FHA
FHA has just announced that their upfront and monthly premiums will be going up again. And for loans with less that 10% down, the borrower will have to pay mortgage insurance for the life of the loan. FHA is a great product for buyers who don’t have a large down...
by ILGM Ninjas | Jun 19, 2012 | FHA
The HousingWire reported at the end of last week that FHA has decided to rescind their highly controversial Credit Dispute Rule. This rule would have made getting a FHA loan much more difficult. The guideline would have required borrowers who wanted to qualify for a...
by ILGM Ninjas | Apr 6, 2012 | FHA, Financing
The upfront insurance premium charged on FHA-insured mortgages for home purchases will increase from 1 percent to 1.75 percent on April 9, and the annual FHA mortgage insurance premiums will rise by one-tenth of a percentage point.