7th Level Mortgage, LLC in New Jersey, PA, DE, FL and NY offers Mortgage loans, Home loans, Refinance Mortgages, Jumbo loans, FHA Mortgage, VA Mortgage, HARP loans, First Time Home Buyers, Commercial and Business loans as well as Reverse Mortgage loans. Visit us at www.7thlvl.com or Call Today 856-322-0233
Thursday, October 31, 2013
Cancel Your FHA MIP Faster
FHA mortgage rates are cheap, but the associated premiums are not. FHA MIP can be costly and can add to your long-term housing costs. Thankfully, you have options.
Homeowners with FHA loans from May 31, 2009 or prior can use the FHA Streamline Refinance to get access to ultra-low rates and ultra-low premiums. It's a terrific deal for those who want it. Everyone else can look to conventional loans where rates are low and premiums are cheap.