- Changes are effective for case numbers assigned on or after April 15th, 2010.
- New upfront mortgage insurance premium (UFMIP) will be 2.25% for all purchase and refinance loans.
- The premium for H4H and HECM is 2.0%. H4H = Hope for Homeowners HECM = Reverse mortgages
- This change applies to all standard FHA Single Family Programs except the following: Title I, Section 247-Hawaiian Homelands, Section 248-Indian Reservations, Section 223e-Declining Neighborhoods or Section 238c-Military Impact areas in Georgia and New York.
How to Shop Mortgage Rates
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North County
*1902 Wright St 2nd floor Carlsbad CA 92008
New Office!
5360 Jackson Drive #220 La Mesa CA 91942
Nevin Williams NMLS #69651
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I love it when information is made simple. Thanks for posting this!
Sandy - Thank you and you're welcome!