Price Cuts Announced for FHA Streamline Refinancing

See If You Can Benefit

On March 6, 2012, FHA announced a  decrease to the Upfront and Annual Mortgage Insurance Premiums on certain  streamline refinance transactions. This will make the prospect of an FHA  refinance much more attractive, as homeowners will no longer be subject to the  higher premiums in place today. FHA estimates that, as a result of this  decrease, some borrowers may be able to save as much as $3,000 a year.

There are two important dates to  keep in mind:

  • This initiative applies to FHA borrowers who secured  a loan on or before May 31, 2009
  • This initiative is effective for loans that will  be originated on or after June 11, 2012

This is an incredible opportunity  that can provide significant savings. Give me a call or send me an email if you  would like some more information or to see if you can benefit. I’m always happy  to answer any questions you may have!
Jim Marcinkowski Inlanta Mortgage


About Best Florida Mortgage Company! Jim Marcinkowski

Mission Statement Our mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships. NMLS 182565, NMLS 1016
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