BUYERS To qualify for a home purchase under current mortgage limits, buyers need to get a FHA Case Number Generation before Jan 1st. This requires a fully executed contract, property specific; re-fi will need full applications. SELLERS In order to sell your home within current mortgage limits, you must list your home to get in contract before Jan … [Read more...]
FHA Streamline Refinance Charges
Here is an important reminder regarding FHA Streamlines that take effect on June 11,2012, Reducing the MIP (Mortgage Insurance Premium) for those FHA loans being Streamlined with Endorsement dates of May 31, 2009 or earlier. Please refer to HUD Mortgage Letter 12-4 for further information or contact me and I can forward it to you. Effective for … [Read more...]