Talking FHA Annual Premium Increase With Keith Renno

by Robert Mickalson on September 3, 2010 · 0 comments

in Interviews,Mortgage Industry

On October 4, 2010 the annual premium charged to FHA borrowers will increase to .90% of the loan. This means an increase in monthly payments! Perhaps it's best to buy a home prior to thise going into effect?

Brian discusses this increase, and the FHA upfront fee decrease as well. Overall it will be a net increase in cost to FHA home loan borrowers and will negatively impact purchasing power. Listen in as Brian and Keith Renno from The Renno Lending Team discuss the ramifications of these upcoming changes. Enjoy!

 

 Be sure to give us a call @ 661-964-1760 when you're ready to buy a home in Santa Clarita. We're available 7 days a week to assist you here at The Robert and Brian Team.

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Robert Mickalson

I'm a real estate agent in Santa Clarita, Ca. I love to mix tech and real estate to come up with a more savvy approach to helping buyers and sellers. You can generally find me on the local SCV Mountain Bike trails, at Whole Foods doing lunch, or the nearest Big Screen watching sports. Proud daddy of two amazing boys that drive me everyday.

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