This guide covers refinancing FHA to conventional loan eliminating FHA mortgage insurance premiums. Home sales are hot throughout the United States. Homes in Florida, California, Illinois, Virginia, Texas, Georgia, Indiana, Wisconsin, Washington, and the United States have appreciated double digits in the past 24 months. Dale Elenteny, a senior mortgage loan advisor at Gustan Cho…
HUD, the Federal Housing Administration parent, has lowered the hefty FHA mortgage insurance premium on FHA loans by 30 basis points. The annual FHA mortgage insurance premium of 0.85% got reduced to 55% of the mortgage loan balance. Reducing FHA mortgage insurance premium is a welcome move for many Americans. This holds especially true for…
What Are Private Mortgage Insurance Guidelines On Conventional Loans And How Does It Work: Gustan Cho Associates offer a wide range of mortgage products, We have some of the most competitive conventional mortgages on the market, We also have access to Fannie Mae and Freddie Mac specialty products such as HomeOne, HomeStyle, and HomePossible, Most Americans…
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