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 HUD Publishes Notice Announcing Streamlined Mortgage Insurance Premiums Applicable to All FHA Multifamily Insurance Programs
Today, the Federal Housing Administration’s (FHA) Office of Multifamily Housing Programs published a Federal Register Notice that streamlines Mortgage Insurance Premiums (MIP) rates to 0.25% across all FHA Multifamily mortgage insurance programs. This sweeping realignment of mortgage insurance premiums is part of HUD’s actions to implement President Trump’s Presidential Actions on delivering emergency price relief for American families and defeating the cost-of-living crisis, and his Executive Order on Unleashing American Energy.
Additionally, through this notice FHA has now eliminated the “Green and Energy Efficient Housing”, “Affordable Housing", and "Broadly Affordable Housing" MIP rate categories established in 2016, as these programs are burdensome for lenders and now economically obsolete. Last, the notice eliminates requirements of evidence of the initial green building achievement and the annual reporting of energy performance for all loans previously closed under a “Green and Energy Efficient Housing" MIP rate.
MIP rate changes may be applied to FHA multifamily mortgage insurance applications submitted or amended on or after October 1, 2025, so long as the loan has not been initially endorsed.
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