March 3rd, 2012 | fha loan, mortgage insurance, increase
FHA Announces Increases to MI Fees Effective April 1, 2012
No, this is not an early April Fools Joke - FHA is again increasing their fees! They use the Case Number Assignment (Appraisal Request) as the effective date, so loans in process or already closed will not be affected.
If you are thinking about buying a home, please get your application in before April 1st to avoid the higher fees. You can apply online www.KingsMortgage.com or contact one of our Loan Officers to answer any questions.