FHA reduces the Mortgage Insurance Premium by one quarter percent for most borrowers on closings/disbursements with a date on or after January 27th, 2017. This is big news for your FHA buyers. Now they can afford more house or find lower payments on the home they're interested in.

Click here for the complete news from HUD.

Call Paul Kottich with First Mortgage for all the details and get pre-qualified.  #Omaharealestate

Paul Kottich
Loan Officer
NMLS# 213685

11606 Nicholas Street
Omaha, NE 68154
Phone: 402-493-7600
Fax: 402-493-6951

Source: www.hud.gov