FHA MIP Refi Boom Caution Points!
Posted by Krista Sabol on Jan 26, 2015 in FHA, FHA/VA, IMU Blog By Alice Alvey The FHA reduction in the MIP is the perfect opportunity to fill lackluster post-holiday pipelines. Every borrower who purchased a home in the last 1-3 years using FHA financing is a potential candidate to save money, if they plan to stay in the house long enough. It is important to consider all of the financial calculations to ensure the borrower doesn’t end up spending more...read more