FHA Mortgage Insurance Premiums Reduced in 2017

The FHA (Federal Housing Administration) believes the premium cut “will significantly expand” access to mortgage credit and lower the cost of housing for approximately 1 million households who are expected to purchase a home or refinance their mortgages using FHA-insured financing in 2017.

FHA’s one-time Up-Front Mortgage Insurance Premium (UFMIP) will remain unchanged at 1.75%.


  1. Streamline loans or Purchase = Lower payments and Savings:
  2. Increases buying power and qualify for larger loan
2017 Mortgage Insurance Premium Comparison Chart