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re: FHA: Insurance premiums for mortgages will no longer be phased out at 78%

Posted on 1/31/13 at 4:35 pm to
Posted by BoobieWatcher
Member since Jun 2010
4587 posts
Posted on 1/31/13 at 4:35 pm to

This post was edited on 2/26/13 at 2:15 pm
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22211 posts
Posted on 1/31/13 at 6:52 pm to
check to see if the area does rural development (rd ) that's the best option. 0 down and no pmi premium. fha requires the premium and 3.5 down. you have to factor in closing (~7000) better to have closing negotiated and use the extra towards appliances
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