» MIP http://carolinahomerates.com Wed, 15 Feb 2012 02:15:23 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 New FHA Risk Premium http://carolinahomerates.com/new-fha-risk-basedpremium/ http://carolinahomerates.com/new-fha-risk-basedpremium/#comments Thu, 17 Jul 2008 09:13:07 +0000 Loan Officer http://carolinahomerates.com/?p=54

The FHA UFMIP – Up Front Mortgage Insurance Premiums have changed, may surprise a lot of borrowers with a low down payment & credit score. The new Annual MIP will be from 0.50% to 0.55%. The highest UFMIP will be at 2.25%, and pay 0.55% in the Annual MIP.

Make sure to read about the New FHA Risk based Premium

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