Donna Yates, Move 2 North Georgia.net: Finally, Good News on the FHA Loan Front

Finally, Good News on the FHA Loan Front

 

HUD announced a new loan program that will come out this Fall called HAWK (homeowners armed with knowledge).

In summary it goes like this if you have not owned a home for 3 years:

* take a 6 hour HUD education class
* your upfront MIP goes down from 1.75% to 1.25%
* the monthly MIP goes down from 1.35% to 1.25% and
* if you take an additional 1 hour POST closing class, the monthly MIP can go down to 1.1%

 

Good news on the FHA loan front for first time homebuyers and all the short sale, foreclosure, bankruptcy people coming out of their 3 years waiting period to purchase! 

 

Your North Georgia home is calling -  need more information - Ask Me! 

 

Text    YATES     To   706-862-1500

 

             Donna Yates Mobile App


 

 

Donna Yates
Associate Broker, GRI
706-633-0644 Mobile
Serving North Georgia Mountains and Metro
Metro Brokers - Better Homes and Gardens Real Estate
706-515-7500 Office

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Comment balloon 1 commentDonna Yates • September 03 2014 10:15AM

Comments

HI Donna,   grat news and thanks for sharing with us in AR Land.

Posted by Ronald DiLalla, No. Orange Cty Real Estate (Century 21 Discovery DRE 01813824) almost 3 years ago

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