Well, I mentioned last week that FHA is raising the mortgage insurance premium again on April 18th. That doesn’t mean you have to close by then. It means we have to order the case number (appraisal ) from HUD by then. So this is a new deadline. Anyone who wants to buy or refinance between now and then should consider this in their decision making. On a $150,000 home this makes a difference of $36 per month. That is some serious money over the years. So no pressure from here. We just want to save you all the money we can.
I can be reached at 615-777-4663 or via email at George.Margrave@migonline.com
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