Are new FHA morgage insurance requirements for 1st time buyers only?
I have owned before but not for 3 years after my divorce. It was not an FHa mortgage by Esther784636635 from Charlottesville, Virginia. Jan 14th 2015
Linda Wintersteen (Linda123)
#63 ranked lender in Arizona - 1,256 contributions
NO, it is for all FHA LOANS . Its a factor when considering what type of a loan that will work best for you linda
Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions
No anyone that gets an FHA mortgage is entitled to the new MI amount
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
No.. FHA MI is the same on all loans across the board regardless of borrower qualifications. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
Sean Young (SeanYoung)
#1 ranked lender in Colorado - 1,112 contributions
No, is covers all FHA home owners who receive their FHA case number on Jan 26th or after.
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