USDA Rural Development monthly mortgage payments Did you know that for the same loan size and a similar rate that the USDA Rural Development Home Loan will ALWAYS have a lower payment than FHA? Sometimes the USDA Rural Development payment will be substantially lower. Let’s talk rates and payments… When most people shop for a [...]
Complacency Can Cost Residents of Harleysville & Montgomery County Pennsylvania
If you are planning on buying a house and taking advantage of FHA’s low down payment requirement of 3.5%, you may want to do it now. Last year, the minimum down payment requirement for FHA loans was increased from 3% to 3.5% as part of the Housing and Economic Recovery Act. It looks like lawmakers [...]
FHA had originally planned to eliminate spot approvals on Condos in Delaware and nationwide effective October 1, 2009. The new process would require the lender to approve the condo. FHA has decided to delay this until November 2, 2009. This means any new FHA case numbers pulled on November 2, 2009 or after will have [...]
There will be a Free First Time Home Buyer Seminar on October 24, 2009 from 10:00 AM till Noon and from 1:00 PM till 3:00 PM at Christiana Hilton Hotel in Newark, Delaware. The seminar will cover all the basics of buying a home. It will cover Delaware First Time Home Buyer Programs, Delaware FHA [...]
Recently, many potential homebuyers in Arizona have been frustrated by how long it takes to process and close an FHA loan. Many brokers and bankers are too bogged down or understaffed to handle the influx of volume of FHA loan applications that have become increasingly more popular. In addition to this, many FHA lenders have [...]
California FHA Streamline loans will have dramatic new rules. Effective with case numbers assigned on and after November 17, 2009, several revisions to the FHA Streamline Refinance Program will go into effect. For those that may think doing FHA home loans in Los Angeles, Orange and Ventura Counties is easy, read below! Seasoning -At the time [...]
For a limited time, up to 99.5 % financing is being offered to increase home ownership opportunities to individuals and families in California. You can purchase a home with a FHA Loan for as little as .5% down payment. Yes! That’s right! As little as a 1/2% down payment. Call Jeff Sloan at (909) 475-7069 [...]
That was the question I was asked from a home buyer who was purchasing a home in north Fulton County for $320,000, and planned on putting 10% down payment on that home. A simple question: FHA or conventional? Which is better? But the answer is not quite so simple at first glance. Let’s dig into [...]
If you’ve been passing up buying a home in Texas because it requires cosmetic repairs and you are lacking the funds for repairs and/or upgrades FHA has a program for you. Not to be confused with FHA’s full 203K program, a Streamlined 203K loan eliminates much of the paperwork and simplifies the process to obtain rehab funds.
*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
