Documents & Newsletters
US Department of Housing & Urban Development
Special Information Booklet
A special information booklet (Shopping for Your Home Loan: HUD's Settlement Cost Booklet) must be provided if the loan is intended to finance a home purchase.
It contains:
- general information about shopping for a home
- loan and settlement services.
- an explanation of the GFE and the HUD-1 settlement statement.
- Warning about providing false information
Click on the link below to view the PDF of the HUD Handbook
(Shopping for your Home Loan - HUD's Settlement Cost Booklet):
HUD Settlement Cost Booklet - HUDHandBook.pdf
_______________________________________________________
FHA UPDATE: Starting April 18th, 2011 - New Annual MIP Factor
FHA Case # Assignment Date |
||||
Loan Term |
LTV |
Upfront MIP |
Annual MIP |
|
10/4/2010 |
10/4/2010 through 4/17/2011 |
Starting 4/18/11 |
||
<=15 Years |
<=90% |
1.00% |
None |
0.25 |
>90% |
1.00% |
0.25% |
0.50 |
|
>15 Years |
<=95% |
1.00% |
0.85% |
1.10% |
>95% |
1.00% |
0.90% |
1.15% |
|
MTF Archive Newsletters - PDF Format
06-20-2008 - Jumbo vs. Conventional & Rate/Credit Update
04-30-2008 - FHA Loans to the Rescue? History of FHA
03-24-2008 - Subprime Mess, Credit Squeeze, Foreclosures
02-19-2008 - Rate Volatility - The Trigger Rate
01-11-2008 - Credit Card Tips - What to check
12-17-2007 - The Mortgage Checkup - Year End Review
11-02-2007 - Extra Payments? Common Methods & Examples
10-03-2007 - The Federal Fund Rate - What it means to you
09-06-2007 - Why Maple Tree Funding - The difference
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