FHA is increasing it's Annual Mortgage Insurance Premiums effective for case numbers assigned on or after April 18, 2011. The upfront amount will stay the same at 1%.
- 95.00 percent .90% increasing to 1.15% (majority of buyers with 3.5% down)
- 95.00 percent .85% increasing to 1.10%
- 90.00 percent .25% increasing to .50%
- 90.00 percent 0% increasing to .25%
This increase could have a direct affect on what you can qualify to purchase. Let me know if you have any questions.
Free MLS Property Search at: www.SellingNorthIdaho.com
Contact: Pam Jank, Realtor, ABR, GRI, CRS, RSPS, PPS
Previews Property Specialist
Web: Coeur d'Alene Idaho Homes for Sale
Fax: 208-772-6282 Toll Free: 800-829-2555 EXT.1275
COLDWELL BANKER SCHNEIDMILLER REALTY
1924 Northwest Blvd, Coeur d'Alene, ID 838314