Indianapolis Real Estate 360
FHA Date Is Set…

The FHA Upfront MIP changes go into effect for FHA Case numbers assigned on or after April 5th, 2010.  The FHA Upfront MIP will be 2.25%.

The insurance premium increase is  50 bps to 2.25% – from 1.75% – effective in April 5th. That means an additional $500 will be needed on a $100K loan.