FHA contends that HAWK will save the average buyer approximately $325 a year—or almost $9,800 over the life of 
their loan. The HAWK Pilot Program for new homebuyers provides FHA insurance pricing incentives to first-time homebuyers who participate in housing counseling that covers how to evaluate housing affordability and mortgage alternatives, financial advice, and the rights and responsibilities of home ownership. Under the program, first-time homebuyers who participate in the pilot program will benefit at closing from a 50 basis points reduction in the upfront mortgage insurance premium and a 10 basis points reduction in the annual premium. Read more and See Holiday Weekend Mortgage Rates,
their loan. The HAWK Pilot Program for new homebuyers provides FHA insurance pricing incentives to first-time homebuyers who participate in housing counseling that covers how to evaluate housing affordability and mortgage alternatives, financial advice, and the rights and responsibilities of home ownership. Under the program, first-time homebuyers who participate in the pilot program will benefit at closing from a 50 basis points reduction in the upfront mortgage insurance premium and a 10 basis points reduction in the annual premium. Read more and See Holiday Weekend Mortgage Rates,
No comments:
Post a Comment