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Ishakis Finance Report Mortgage Broker Brooklyn

Loan Officer Yael Ishakis’s take on mortgage and finance news.

Tag: MIP

FHA To Change Its Mortgage Insurance Premium Schedule Monday, June 11, 2012

Beginning Monday, June 11, the FHA is changing its mortgage insurance premium schedule for the second time this year.

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Published June 7, 2012
Categorized as Mortgage Guidelines Tagged FHA, MIP, UFMIP

FHA Mortgage Insurance Premiums Increasing April 9, 2012

Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today.

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Published April 3, 2012
Categorized as Mortgage Guidelines Tagged FHA, MIP, UFMIP

FHA Drops Upfront Mortgage Insurance Premium To 0.01% For Qualified Borrowers

Beginning mid-June 2012, certain current, FHA-backed homeowners will be able to refinance their existing FHA mortgage into a new one, without having to pay the government-backed group’s new, costly mortgage insurance premium schedule.

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Published March 9, 2012
Categorized as Mortgage Guidelines Tagged FHA, MIP, UFMIP

FHA To Raise Mortgage Insurance Premiums April 1, 2012

Beginning April 1, 2012, the FHA is once again raising its mortgage insurance premiums.

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Published March 2, 2012
Categorized as Mortgage Guidelines Tagged FHA, MIP, UFMIP

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