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    Friday, February 18, 2011

    Sean La Rue's Weekly Rate Update

    Hey Team,

    Happy Friday!  See this week’s rate sheet .

    **News Update**

    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

    FHA | VA | USDA | Jumbo Loans | Conventional | Private Money | Reverse Mortgage | Canadian Financing

    Download now or preview on posterous
    HUD FHA Update.pdf (161 KB)

    Posted via email from Sean La Rue's Posterous

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