FHA Mortgage Insurance Premiums Effective April 9, 2012
Effective for case numbers issued on or after April 9, 2012
Effective April 9, 2012 The charts below illustrate the 10 basis points (0.10%) increase in the Annual FHA Mortgage Insurance Premiums. The Upfront Mortgage Insurance Premium (UFMIP) will increase 75 basis points (0.75%).
The increase in the Annual Mortgage Insurance Premiums for forward mortgage amortization terms is effective for case numbers assigned on or after April 9, 2012. For loan amounts greater than $625,000, the annual mortgage insurance premium will go up again by 25 basis points (0.25%) effective June 11, 2012 which is NOT included in the chart below.
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