by Jon Terry | Apr 5, 2012 | Blog, Buying A Home, Mortgage Guidelines, Residential Real Estate
Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today. Beginning next week, the Federal Housing Administration (FHA) is changing the way it charges mortgage insurance to U.S. homeowners. For the fourth...
by Jon Terry | Mar 10, 2012 | Blog, Mortgage Guidelines
Beginning April 1, 2012, the FHA is once again raising mortgage insurance premiums (MIP) on its newly-insured borrowers throughout Colorado and the country. It’s the FHA’s fourth such increase in the last two years. Beginning April 1, 2012, upfront...
by Jon Terry | Dec 16, 2011 | Blog, Mortgage Guidelines
After a brief return to lower, pre-2009 levels, FHA loan limits have been restored. As signed into law the later part of November this year, maximum FHA loan limits are — once again — as high as $729,750. The move creates additional mortgage financing...
