Happy Friday! See this week’s rate sheet .
FHA announced earlier this week that starting in April the monthly mortgage insurance will be increased again. It was changed from 0.55% to the current rate of 0.90% of the loan amount and will be 1.15% starting in April. I have attached the announcement from HUD with this email for you to reference.
Did you know that if you put 10% down on an FHA loan and you do a 15 year term there is no mortgage insurance?
Leverage my experience, knowledge and platform at Franklin Loan Center to get your clients approved and loans funded fast!!
Make it a great day!
Sean K. La Rue
“Your KEY to Moving Home!”
Senior Vice President | Franklin Loan Center | Se Habla Español
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