Seniors can buy a home with an Arizona reverse mortgage using the FHA HECM reverse mortgage for purchase program. It is possible to put no money down and make no monthly payments with the FHA HECM reverse mortgage for purchase program.
In the midst of a continuing tightening of loan standards, we received some bit of good news, on FHA mortgage loan limits for metro Atlanta. As you may or may not know, the max. loan limit for FHA loans in metro Atlanta was lowered from $346,250 to $320,850 beginning January 1, 2009. Well, not HUD [...]
Well, with the new stimulus package Indiana FHA Loan Limits have been changed for the year 2009 Indiana Counties of Porter, Lake, Jasper and Newton will go back to the 2008 levels of… One-Unit – $410,000 Two-Unit - $542,850 Three- Unit – $634,450 Four Unit - $$788, 450 While the just about the rest [...]
As a result of the recent stimulus package signed by congress, FHA has increased their loan limits, to last years limits. All counties in the State of Utah are listed below. If you are interesting in getting a zero down payment FHA loan please call or email me and I will show you how! Mike [...]
The cost of buying a 5 year credit default swap (CDS) to insure against the possible default of US Treasuries has risen to 100 basis points for the first time. In other words, the price to insure $10,000,000 of US treasuries has risen to $100,000…that’s up from $5,000 last year. The corresponding cost to insure [...]
With the passing of the American Reinvestment and Recovery Act, FHA will be allowing higher Florida loan limits through the end of 2009.
HUD released revided North Carolina FHA Loan Limit today. For 2009, FHA loan limits will now be the higher of 2008 limits or new 2009 limits released in late December.
The chart below shows the differences between the 2008 and 2009 First Time Homebuyer tax credit for Maryland: For more information about a Maryland FHA Mortgage, Loan Limits, or FHA guidelines, please feel free to contact me directly. Bill Sohan 410-963-2308 FEATURE CREDIT AS CREATED JULY 2008 APPLIES TO ALL QUALIFIED PURCHASES ON OR AFTER [...]
Down payment assistance program announced to help first time home buyers purchase and occupy foreclosed residential properties in Rhode Island. Rhode Island Housing, in partnership with the Department of Administration Office of Housing and Community Development, announce the Neighborhood Stabilization Program Home buyer Assistance program. (NSP home buyer assistance) Eligible homes are 1-4 family foreclosed [...]
Contrary to popular belief, FHA rules do not require someone to be a first-time home buyer and you can also buy income property up to 4-units with an FHA loan in California. FHA loan limits are higher in Claremont, CA Los Angeles County than they are in Upland, CA in San Bernardino County, but in [...]
*This is not an offer to lend. 
Obama Refinance Plan For San Jose Homeowners AnnouncedHome Affordable Refinance Program Update Harp 2 Bay Area San Francisco California March 2012 Guidelines for Purchasing a 3 to 4 Unit Property with FHA Financing in Alameda, CA8 Year Fixed to 30 Year Fixed. You Can Choose Your Loan Term In San Jose
