Upfront premiums will increase by 0.75 percent, according to HUD. Conventional vs. FHA financing: Which is cheaper? FHA loans appeal to borrowers because they only require 3.5 percent down, have.
In 2009, the federal housing administration (fha) adjusted. could do a cash-out refinance of up to 95 percent of their home value. The new 80 percent cap matches the rules established by Freddie.
That provision has been removed, allowing fha loans for condos in complexes that don’t meet that threshold. "At the entry.