About Government Refinance and Home Purchase Programs

Information and Updates on Government Mortgage Programs
FHA upfront mortgage insurance premium increases starting April 5, 2010
Filed under Government Mortgage Financing Programs News

See the official mortgagee letter here for the details. Right now the upfront FHA fee is 1.75%. Starting on April 5th 2010 that will increase to 2.25%. When you combine that with the fact that interest rates will likely be rising soon now is definitely the time to refinance with the FHA if you are a candidate. Contact us in the sidebar if you are a candidate for an FHA refinance.

Comments (0) Posted by G.R.A. Admin on Thursday, January 21st, 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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