Lauren Hatmaker
May 1, 2023
Have you been preapproved to buy with an FHA loan but are still out shopping for the perfect house?
Guess what?
FHA made a huge announcement this week, and it’s already taking effect at our wholesale lenders.
FHA has reduced their monthly finance charge by 35%, which equals about $100 less per month in our area.
This week I reached out to my future home buyers to let them know how much more houses they can buy – roughly about 15% or how much lower their monthly payment will be with this new change.
If you want to save money on your payment and your fees – call us today! We make it easy!
Join us again every Wednesday, during the 6:30 news, for your Local Mortgage Report.