These changes are effective for all case numbers pulled after April 18, 2011
Upfront MIP will remain at 1.00%
30 yr fixed
Monthly MIP for loans greater than 95% will be 1.15%
Monthly MIP for loans less than or equal to 95% will be 1.10%
15 year fixed
Monthly MIP for loans greater than 90% will be .50%
Monthly MIP for loans less than or equal to 90% will be .25%
Get your case numbers ordered prior to April 18 to lock in the lower monthly MIP.
