FHA To The Rescue

Over the past 10+ years we’ve experienced FHA financing becoming more restrictive and more expensive. Expect this to change in the near future and beyond. FHA will be relied heavily on in order to serve low to moderate income household, as well as underserved communities.

Anticipated changes that would have a direct impact would be the lowering of the UFMIP, as reducing in the monthly mortgage insurance and potentially adding back in the ability to have MMI removed after a certain timeframe has elapsed.