Now is time to refi your FHA loan - 1/2% drop in MI

[Punisher]

FHA is reducing their mortgage insurance rates by 1/2% this month. If you're considering a refi, now is the time to take a look, because FHA's changes will result in substantial savings.

FHA rates are around 3.5% with no costs. For the past couple years, FHA has charged Monthly Mortgage Insurance Premium (MIP) at a rate of 1.35% cost, but later this month it'll drop to .85%. We can lock your interest rate now, and then wait until the MIP drops to order your FHA Case #, guaranteeing you today's low rate and tomorrow's low MIP.

Expect a Calguns promotion from us, for any Calguns member who closes a loan with us.

http://portal.hud.gov/hudportal/docu...id=15-01ml.pdf

Semper Fi,

Steve Seling, broker/owner
Monument Financial
California BRE 01426131
NMLS 369472 Co, 314597 Individual
Idaho Broker lic: MBL-7524
Equal Housing Opportunity

[Punisher]

IF you have an FHA loan, contact us to see if we can help drop 1/2% off your mortgage insurance costs.

[hj_S14]

I'm currently working with Steve on the loan of one of my property. Very easy person to deal with and flexible. Whoever in the market for a new house or refinance , you should contact Steve. It'd save you some money for sure.