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HUD to Increase Mortgage Insurance Premiums for Orange County FHA Borrowers

by on January 25, 2010

HUD announced in Mortgagee Letter 2010-02 that effective April 5, 2010, the Upfront Mortgage Insurance Premiums (MIP) on FHA loans will be increased. This will effect Orange County FHA borrowers who are looking to purchase a home or refinance using FHA financing. Over the past year FHA has played around with different premiums, but most recently [...]

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$729,750 Loan Limits for FHA, Fannie Mae and Freddie Mac Extended through 2010 for Orange County, CA

by on October 31, 2009

There was great news this week for Orange County, CA home owners and home buyers as Congress agreed to extend the “high” loan limits for another year. On October 29, Congress announced the limits would remain in place through the end of 2010. Only 2 years ago the maximum Conforming loan limit for Orange County [...]

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