FHA PMI Rate Reductions Cancelled

We were so happy to announce a few weeks ago that the FHA monthly PMI rates were going to drop later this month. However, an important change has taken place. Last Friday, the Trump Read More >

Preparing for FHA Appraisals

When you obtain a mortgage, either to purchase a new home or refinance an existing home, an appraisal is required. For FHA Home Loans, appraisers must evaluate property safety conditions and ensure Read More >

Eliminating Mortgage Insurance From FHA Home Loans Issued Before June 3, 2013

Many borrowers who have FHA loans were persuaded by the ability to put a low down payment. Since mortgage insurance is typically charged on loans with less than 20% down, most FHA borrowers have Read More >