FHA Jumbo Loans – Good for Bergen County and the Northern New Jersey Market

On October 31, 2009, in Tips And Advice, by Tony Croft

Have you heard about FHA Jumbo Loans? In 2008, the economic stimulus package was put into place.  Part of the package was to offer FHA Government Insurance on higher loan limits than in the past.  These larger FHA loans are known as FHA Jumbo Loans aka FHA Jumbo Home Mortgage Loan. FHA Jumbo Loans can [...]

Orange County FHA Borrowers Should Consider the 15 Year Fixed Program

On October 31, 2009, in Tips And Advice, by Tim Storm

The FHA 15 year fixed program has several benefits for Orange County, CA FHA borrowers. While it does result in a higher payment because it is fully amortizing, it can save thousands of dollars for the borrower in the long run. The 15 year fixed has lower Monthly Mortgage Insurance than the 30 year fixed. [...]

Breaking News – $8k Tax Credit Extended (Almost) For FHA Buyers In New Jersey

On October 31, 2009, in Tips And Advice, by Tony Croft

Although nothing has been formally passed, The National Association of Mortgage Brokers issued this update on the $8k tax credit yesterday. October 30, 2009 – The $8,000 first-time homebuyer tax credit is set to be extended until April 30, 2010.  The Obama Administration has urged Congress to pass legislation to extend the program from its [...]

Idaho NSP Homeownership Down Payment Assistance Program Up To 20% Down Payment Assistance. Deferred Payment Loan, and only due on sale of the property. Foreclosures only !

On October 30, 2009, in Mortgage Programs, Real Estate, Tips And Advice, by Michelle Guth

Idaho NSP Homeownership Assistance 20% down payment assistance program is a deferred Payment Loan and is due on the sale of the property. This zero interest loan is for foreclosures only (no short sales) ! The main details for this loan are below: – Homeownership assistance provides funds for closing costs, interest write downs, and [...]

Idaho First-Time Home Buyer HOME Down Payment assistance program up to $20,000 for down payment assistance. No interest loan, due on sale of property

On October 30, 2009, in Mortgage Programs, Tips And Advice, by Michelle Guth

The Idaho First-Time Home Buyer HOME Down Payment assistance program provides up to $20,000 for down payment assistance. This is a No interest loan which is due on the sale of the property. This Idaho HOME Down Payment assistance program is available to Idaho First-Time Home Buyers who make less than 80% of area median [...]

Idaho $8,000 First-Time Home Buyer Tax Credit on the Verge of Extension

On October 30, 2009, in Tips And Advice, by Michelle Guth

The Idaho $8,000 First-Time Home Buyer tax credit is on the verge of extension. The Idaho First-Time Home Buyer Tax Credit is set to be extended until April 30, 2010 if it passes legislation. As it stands right now the tax credit is set to expire on December 1, 2009. There are some differences between [...]

Ways to Build Credit in Texas

On October 30, 2009, in Tips And Advice, by Leesa Sandoval

Secured credit cards are an optimum way to start rebuilding your credit scores. You want a minimum of two credit cards and/or secured credit cards. The more credit cards you have the more opportunities to add points to your scores as long as you manage those cards effectively.

House Decides to Extend $8000 Tax Credit to Veterans – Texas

On October 30, 2009, in Tips And Advice, by Leesa Sandoval

The House of Representatives voted unanimously Monday (10/13/09) to extend the deadline for the $8000 first time home buyer tax credit. Currently this legislation only applies to Veterans but there is a proposal to extend this tax credit for everyone.

Rhode Island first-time tax credit close to being extended.

On October 30, 2009, in Tips And Advice, by Lynda Mckenzie

Homebuyers looking to purchase a home in Rhode Island, may soon be able to take advantage of an extended tax credit, and it may not be just for first-time homebuyers. The National Association of Mortgage Brokers (NAMB) continues to monitor legisilation for the $8,000 first-time homebuyer tax credit, which is anticipated to be extended until April 30, [...]

California First-Time Buyer Tax Credit Extension

On October 30, 2009, in Tips And Advice, by Brian Wiesner

The $8,000 California First-time Homebuyer tax credit is set to be extended until April 30, 2010. The Obama Administration has urged Congress to pass legislation to extend the program in Los Angeles County, San Bernardino County and Orange County from its original Dec. 1, 2009 deadline. In addition, legislation may provide a tax credit for [...]