As of April 5th 2010 all FHA case numbers requested for purchase or refinance transactions will require upfront mortgage insurance premium of 2.25% of the loan amount up from 1.75%. The good news is FHA is holding firm on the 3.5% required down payment which can still be a gift from a family member or borrowed against a secured asset. In some areas community grant programs are available and acceptable form of down payment for FHA loans. The grant and bond programs are usually only available to lower income families. Email me at Lee@nwamortgagepro.com or call (479) 616-1722 with any questions.