• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000

U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000   January    9, 2017 Mortgagee    Letter   2017-01 To All FHA-Approved Mortgagees All Direct Endorsement Underwriters All FHA Roster Appraisers All FHA Roster Inspectors All FHA-Approved 203(k) Consultants All HUD-Approved Housing Counselors All HUD-Approved Nonprofit Organizations All Governmental Entity Participants All Real Estate Brokers All Closing Agents  Subject Reduction of Federal Housing Administration (FHA) Annual Mortgage Insurance Premium (MIP) Rates   Purpose This  Mortgagee   Letter  (ML)  communicates   revised  annual  MIP  rates  for certain  FHA Title  II forward  mortgages.   Effective Date This ML is

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FHA TO REDUCE ANNUAL INSURANCE PREMIUMS ON MOST MORTGAGES

FHA TO REDUCE ANNUAL INSURANCE PREMIUMS ON MOST MORTGAGES Modest reduction expands credit access and reflects improved economic health of FHA WASHINGTON – As the nation’s housing market continues to improve, U.S. Housing and Urban Development Secretary Julián Castro today announced the Federal Housing Administration (FHA) will reduce the annual premiums most borrowers will pay by a quarter of a percent.  FHA’s new premium

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FHA TO REDUCE ANNUAL INSURANCE PREMIUMS

FHA TO REDUCE ANNUAL INSURANCE PREMIUMS Frequently Asked Questions 1.   When will the FHA’s new annual premium rates take effect? The reduction is effective as of January 26, 2015. Borrowers with case numbers assigned on and after January 26, 2015 will be eligible for reduced annual mortgage insurance premiums. 2.   What steps do I need to take to take advantage of these new lower premiums? Contact an FHA-approved lender for information regarding FHA’s new annual

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FHA Looks to Shore Up Finances with New MIP Changes

Federal Housing Administration Commissioner Carol Galante has just announced several significant changes to FHA requirements, processes, and fees in an ongoing effort by the agency to shore up its Mutual Mortgage Insurance Fund (MMI Fund.)  The first change – the consolidation of FHA‘s Standard Fixed-Rate Home Equity Conversion Mortgage (HECM) with its Saver Fixed Rate HECM – was officially announced today.  HECM is commonly referred to as a reverse mortgage

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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