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FHA Loans Cut PMI Nearly in HALF
The Federal Housing Administration cuts PMI rate by a half point, lowering mortgage payments by hundreds of dollars.
Private Mortgage Insurance can be scary. It's always expressed as a percentage of your loan amount, and that number can fluctuate, making it an ESSENTIAL thing to watch as a barometer of when to buy/refinance. Well, since you're reading this, you get in on the ground floor, pal, because FHA has dropped their FHA requirements nearly in HALF. That's right, nothing else about the awesomeness of FHA loans has changed, except that now, you pay 1/2 as much on your PMI every month! We are currently going through EVERY FHA loan that we have done since 2011 to make sure that we save everyone money. If you get a call from us in the next few days, it's because we want to save your cash.
So, what's the bottom line? PMI on FHA loans is at a 3 YEAR LOW and we're going to save you money on your home mortgage loan. People are saving, on average, $117 A MONTH. We close more FHA loans than anyone, and we're the authority on all things FHA. IF you have an FHA loan, or are looking to refinance your home with a great loan that has low interest rates and smaller payments, call us today at 1-800-991-6494 and visit www.thehomeloanexpert.com today to apply. We make it easy to refinance your home to a better rate and save money.