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FHA PMI

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Anonymous
Not applicable

FHA PMI

Hello, I know FHA PMI is .85% plus the one time up front.

What I was wondering is after you take on a FHA Mortgage, is that PMI rate ever adjusted in the government decided to raise the rate?

Message 1 of 3
2 REPLIES 2
Ragelog
Established Contributor

Re: FHA PMI

I think the changes usually only affect loans made after a date any new rules apply. 

EQ04 675, EQ08 676, EX08 719, TU08 703 $12704.75/$123050 Revolving Credit (All 0% or 1.99%) - In Garden Since 5/25/2016

Last negative item should fall off in July 2017.
Message 2 of 3
Anonymous
Not applicable

Re: FHA PMI

Only newly originated FHA loans will be affected, your MIP will not change.

Message 3 of 3
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