About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
FHA loans about to get more expensive
Filed under Government Mortgage Financing Programs News

Several news sources are reporting that the FHA is about to raise the upfront mortgage insurance premium for an FHA loan from 1.75% to 2.25%. This will make refinancing more expensive. We’ll report more details on the timing of the forthcoming changes as they are announced.

Comments (0) Posted by G.R.A. Admin on Tuesday, January 19th, 2010


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    About Government Refinance and Home Purchase Programs. Copyrighted © 2007 - 2017

    The federal government does not lend directly to consumers; rather, all government-backed refinance programs are administered through specially authorized lenders. GovernmentRefinanceAssistance.com does not offer loans or financial services and is not a government agency. GovernmentRefinanceAssistance.com provides up-to-date information about the ever changing government-backed mortgage programs. When appropriate, we also direct borrowers to lenders that are authorized to administer government-backed mortgage programs. This allows borrowers to research the available government-backed mortgage programs further. The authorized lenders we direct borrowers to pay us an advertising fee. We do not engage in direct marketing by phone or email towards consumers.
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