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  1. Options, Options, Options
  2. A Personalized Approach
  3. Credit Confusion
  4. Building Your Dream Home
  5. Tax Time in Wisconsin
  6. Don’t Let Intimidation Get in the Way of Home Ownership
  7. Setting Financial Goals for the New Year
  8. Buying a home after bankruptcy

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FHA Loans

January 18, 2017

The Federal Government just announced some new and exciting changes for their FHA loans that will be taking effect at the end of the month. They will be lowering the monthly mortgage insurance premiums, and what was already affordable, just got even better! This could potentially save homeowners up to $500 a year on housing payments.

 

Some other exciting news is the increase in housing loan limits. This combined with monthly savings on mortgage insurance, could help home buyers qualify for a more expensive home that previously would not have been within their budget.

 

The Federal Government assesses their lending practices on a yearly basis. Home buyers looking to purchase a home now or in the near future could not have asked for better news.

 

Considering purchasing but not sure if you qualify? FHA has low money down loans that are easier than ever to qualify for. Contact us today to discuss if it is time to stop paying your landlord’s mortgage and build your nest egg with your very own home!

 

 

Ron Meyer
GSF Mortgage Corporation
300 Patriot Dr.
Little Chute, WI 54140
(920) 788-9608
rmeyer@gogsf.com
NMLS #222688 & 1018