FHA Mortgage Insurance Changes Effective

If you applied for a new FHA mortgage today, you may have noticed the upfront mortgage insurance has been reduced from 2.25% to 1%.  That being said, your monthly premium has moved from .55 to .90.  To learn more about the FHA Mortgage Insurance contact your Maine Mortgage Broker or Maine Mortgage Banker today.

Published by Seth Jacobs

Mortgage Broker, Disc Golfer and First Person Shooter Fan living in Vacationland.

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