Fha Loans Limits 2016

FHA Mortgage Insurance Rate Changes Slated For 2017 (Now Suspended Indefinitely) Announced this month (January 2017), FHA issued Mortgagee Letter 2017-01, which lowers the annual MIP premium for Forward Mortgages. The reduction is anywhere from 20 bps to 45 bps, depending on the Loan to Value and term of the loan.Fha Home Loan Assistance Fha Approved Mortgage Lenders You’ll need an FHA-approved appraiser to assess the home’s value and make sure it meets all of FHA’s minimum property requirements. Mortgage insurance With FHA loans, borrowers must pay mortgage.There are many programs designed to help you fund that first home.. fha loans , for instance, require as little as 3.5 percent down.