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FHA Increasing MIP on Apr. 1
For the first half of 2013, the U.S. Department of Housing and Urban Development has made two major changes to their policies: 1. Monthly Mortgage Insurance Premiums (MIP) are scheduled to increase...
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FHA Loan Limits to Decrease by $25k for Most Georgia Counties
Effective Jan. 1, 2014, FHA loan limits for most of the counties in Georgia will drop from $346,250 to $320,850, a decrease of more than $25,000! This applies for all FHA forward purchase loans with...
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