Can you use 8000 tax credit as a down payment in Arizona? It is not official yet, but it may be soon.
It has been a long time since I was able to make this statement; if you are currently renting you can buy a new home and not have your monthly mortgage exceed what you are paying in monthly rent. Two factors are contributing to creating a very affordable housing market for first time home buyers, [...]
The biggest problem that most Eugene and Springfield Oregon first time home buyers have is coming up with the down payment. I have posted several times in the past various ways to get the down payment together, but it has still been out of the reach of some people. Now, that could change. The First Time Home Buyer Tax Credit is going to be available for the down payment on FHA loans in the near future, according the the Secretary of HUD.
If you live in Idaho and you are a first-time homebuyer right now is one of the best times to purchase a home. Not only are interest rates very low but Idaho real estate prices are amazing!!!! Oh and I forgot to mention that first-time homebuyers get up to an $8,000 tax credit if they [...]
By Chris Brown – Florida’s #1 FHA Mortgage Broker There is a lot of speculation regarding whether the best Florida interest rates and Florida house prices are going to be around twelve to eighteen months from now. It is no secret that many of the recent steps taken by our government are highly inflationary… but [...]
There are new FHA Appraisal Guidelines that went into effect on April 1, 2009 that Las Vegas home buyers and sellers need to know about. These new FHA Appraisal Guidelines are not to be confused with the recent Home Valuation Code of Conduct (HVCC) agreement that went into effect on May 1, 2009. In order [...]
The new Home Valuation Code of Conduct (HVCC) regulations that went into effect on May 1, 2009 will have a significant impact on Las Vegas real estate purchase and mortgage refinance transactions. HVCC is a new agreement between the Federal Housing Finance Agency (FHFA) and the New York Attorney General’s office to help enhance the [...]
With all the craziness going on in the mortgage and housing industry, it’s good to know that Michigan FHA mortgages remain the best option for first time home buyers in Farmington Hills, Michigan. One of the things that got the mortgage industry in trouble was how banks verified the bank statements for the home buyers…or [...]
With the demise of the seller paid down payment programs last November, and the increase in the FHA down payment requirements from 3% to 3.5%, Alaska first-time home buyers are finding it a little more challenging to find their down payment funds. What most buyers don’t know is that there are many ways to fund [...]
What is an HECM loan? Often times people hear the term HECM loan and they don’t understand what HECM stands for. HECM stands for Home Equity Conversion Mortgage, also know as an FHA Reverse Mortgage. A HECM is the only Reverse Mortgage insured by the Federal Government. This loan program is great for individuals age [...]
*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
