Millbrook Real Estate: Starting 10/01/2015 USDA upfront mortgage insurance will go UP from 2% to 2.75%. So $100,000 sales price plus the 2.75% equals $102827 loan amount. This also means it will effect the amount you will be qualifed up to.

Thursday, June 25, 2015

Starting 10/01/2015 USDA upfront mortgage insurance will go UP from 2% to 2.75%. So $100,000 sales price plus the 2.75% equals $102827 loan amount. This also means it will effect the amount you will be qualifed up to.

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