How much will the new FHA MIP Rules change save me?
Of course not everyone will benefit from this rule change. However, if you are one of the nearly 3 million homeowners with an FHA mortgage that was originated prior to May 31, 2009 and were shut out of the historically low rates because the old FHA-MIP rates eroded your monthly savings, now is your time to act!
More importantly, as you can see from this table, if you act fast there are real opportunities to pocket some serious savings! Want to know how much you can save by refinancing your FHA insured mortgage? If you are a North Carolina resident CLICK HERE to get started or call me, Ricardo Cobos today at (919) 526-0183.
Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. With personal production of 8MM in real estate sales across Southern Wake County I am considered to be a local market expert in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603, 27604, 27606, 27609, 27610)) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183