In June 2012, the Federal Housing Authority (FHA) decreased mortgage insurance premiums on loans closed prior to June 2009. In the past, you may have been told that refinancing your Connecticut home does not make sense, but this change brings new opportunities to homeowners. As insurance rates dropped on June 11, 2012, a chance to refinance at a lower percentage and insurance rates can mean considerable savings.
McCue Mortgage is one of the largest FHA lenders in the state, and with over 60 years of experience, we can help you through this process seamlessly. You don’t want to miss out on this chance. Learn more and find out if you qualify by contacting one of our licensed mortgage loan originators today.
- Must be employed (self-employed allowed).
- Minimum credit score of 640.
- No appraisal required.
- Must hold an FHA loan and be current on payments for the past 12 months.
- Only FHA Loans finalized by May 31, 2009 are eligible.