New FHA Mortgage Insurance Policy Starts September 7, 2010 – This Video Explains!

We announced the change to the FHA policy on Friday. Here, we found a video that makes it easier to understand that we thought we should share. As the video states, if you are considering a home purchase in the near future, you should also consider that the same home could cost you more if you wait until after September 7.  Also remember that paperwork and filing takes time.  If you want to be sure you get an FHA case number before this policy shift, then you should contact us immediately to get you on the right track to having your purchase completed before it’s too late. Email us at to find out what you need to do to complete your purchase before the mortgage insurance increases.

Click to see the video  —>  New Homebuyer Tax Starts September 2010.


About missionmortgage

A full-service professional mortgage banker providing lending in Texas for over 25 years. Our main office is located at 901 S. Mopac Expwy, Barton Oaks V- Suite 120, Austin, TX 78746 with branches in Lakeway, Houston, and Sealy. Mission Mortgage has been ranked as a Top 10 Mortgage Company in Austin for the past 7 years (Austin Business Journal).
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