With a drastic reduction in Las Vegas REO and Short Sale MLS inventory, some FHA First-Time Home Buyers are dealing with agent discrimination which is making things even more challenging on getting an offer accepted and closed in time to take advantage of the $8,000 Tax Credit. FHA and VA borrowers are often discriminated against [...]
The FHA guidelines for streamline refinances in Delaware are changing on January 1, 2009. If you want to be able to streamline without having an appraisal, no income verification, no asset verification, and no seasoning requirements then you need to do so before the guidelines change on January 1st. Now is the perfect time to [...]
Mortgagee Letter Summary: HUD is changing the rules with regards to how brokers and lenders become approved to fund FHA mortgages. While there are many concerns over the potential eligibility requirements for some of the smaller broker shops and correspondent lenders, the current FHA Commissioner, David Stevens has stated several times that he wants to [...]
Realtors and Lenders may not be listening to the most powerful buyers in today’s market: Women!
Watch the Fox 35 News Video here. . Andrea was one of the “implementers”. With the deadline of the $8000 Tax Credit approaching – it is of utmost importance to have a plan of attack. Most people are focused on closing BEFORE Dec 1. That is just fine, but many are not flipping the pages [...]
Atlanta real estate is a bargain right now. Getting approved for an FHA loan in Atlanta is easy right now. Buy your home now around Atlanta, and you get free money from the Federal and State Governments. It’s a great time to buy. But things could get tighter in a hurry. Here’s why: A bill [...]
The new FHA streamline changes will impact many homeowners in Arizona as they won’t be able to refinance under the new rules.
The government’s $8000 First-Time Home Buyer Tax Credit available for Lake Mary Real Estate expires Nov. 30 — a short sixty-ish days from now. When you consider that in the “New World” of Lake Mary Real Estate financing, closings can take up to 45-60 days, first-time buyers have 2 weeks at most to find [...]
Home buyers in Rhode Island looking to utilize the FHA (Federal Housing Authority) mortgage loan program may have to put down more money if Representative Scott Garrett (Rep- New Jersey) has his way. A bill introduced in the U.S. House of Representatives on Thursday, October 1, 2009, by Representative Scott Garrett, would increase the minimum [...]
Is This a Good Time to Refinance Your Home in New Jersey with a New FHA or Conventional Mortgage? Obama says: YES! Here are some questions that you need to ask yourself before refinancing your conventional or FHA mortgage here in New Jersey (NJ): Do you have a high interest rate on your current mortgage? [...]
*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
