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Are new FHA morgage insurance requirements for 1st time buyers only?

I have owned before but not for 3 years after my divorce. It was not an FHa mortgage by Esther784636635 from Charlottesville, Virginia. Jan 14th 2015 Reply


Linda Wintersteen (Linda123)
#63 ranked lender in Arizona - 1,250 contributions

NO, it is for all FHA LOANS . Its a factor when considering what type of a loan that will work best for you linda

Jan 14th 2015
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Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#28 ranked lender in New York - 2,236 contributions

No anyone that gets an FHA mortgage is entitled to the new MI amount

Jan 14th 2015
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,917 contributions

No.. FHA MI is the same on all loans across the board regardless of borrower qualifications. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jan 15th 2015
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Pam Gustafson (pgustafson@gogsf.com)
#51 ranked lender in Wisconsin - 6 contributions

Hi Esther, it applies to all FHA loans. Please feel free to read my 5star reviews at www.gsfpam.com. Thanks for the inquiry.

Jan 14th 2015
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Pam Gustafson (pgustafson@gogsf.com)
#51 ranked lender in Wisconsin - 6 contributions

Hi there, The new rule applies to any FHA loan. Please let me know if you have any other questions. Feel free to learn more about me & read my 5star reviews at www.gsfpam.com. Thanks for the inquiry.

Jan 14th 2015
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Pam Gustafson (pgustafson@gogsf.com)
#51 ranked lender in Wisconsin - 6 contributions

Hi there,This is for all FHA loans. You can read my 5star reviews at www.gsfpam.com or call me at 920-366-4366. Mortgages can be complex and I am here to help you!

Jan 15th 2015
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Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,107 contributions

No, is covers all FHA home owners who receive their FHA case number on Jan 26th or after.

Jan 17th 2015
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