Rhode Islanders still have the opportunity to get 100% financing through the USDA program, also known as the “rural homes program”. The United States Department of Agriculture (USDA) offers two different types of programs; one called the Guaranteed Rural Housing (GHR) mortgage and the other Direct rural home mortgage. The Direct program is offered directly through USDA [...]
One of the best kept secrets in lending is about to gain a tremendous amount of press. This type of FHA 203K Mortgage is not restricted by the $35,000 cap and it will become more popular as the so called “ghost inventory” starts to get released. These loans are also extremely helpful for homes that are [...]
The Department of Housing and Urban Development (HUD) on their website of HUD Homes has a price reduction today for two of their Eugene homes, possibly making them an even bigger deal. These homes, called HUD Homes on are listed the HUD website. These two properties are first offered to people in the Eugene/Springfield, Lane County Oregon area that are going to use them for their primary residence. If there is not enough interest, then they will be offered to anyone.
Many home buyers are taking advantage of FHA loans in Gilbert AZ, a popular suburb of Phoenix in the southeast corner of Maricopa County.
Home Buyers in Queen Creek AZ are Using FHA and USDA Mortgages to Finance Their Homes
The Realtor questioned the rate her client was receiving on the VA loan….We’ve also seen the ads for houses selling for half off the asking price or for pennies on the dollar. We would never call a Realtor and question the price you’ve negotiated for a client or the homes they’ve shown.
Property tax deferrals for senior citizes will (probably) have to be paid if they are taking out an Oregon Reverse Mortgage. Additionally, if they close on an Oregon Reverse Mortgage after April 15, they will (probably) need to pay the current year’s property taxes also. This is also true for a normal refinance.
Senior citizens should be aware that they may have the option of deferring their property tax payments after taking an Oregon Reverse Mortgage. If you are interested in an Oregon Reverse Mortgage and still worried about how they are going to pay their property taxes after taking out an Oregon Reverse Mortgage, this information could be of interest you. Make sure you determine that your are eligible for the Oregon Reverse Mortgage and the deferred taxes.
We have several people waiting to refinance using a VA Loan if only their homes would return to values sufficient to allow a new mortgage. In other words, they owe more on their mortgages than their homes are worth…we wish today’s news on median home prices was better.
And the survey says: Minnesota and Midwest mortgage rates for buying or selling homes are ready to rise. We’re talking about VA Loans, FHA and conventional mortgage loans, we’re talking about the ability to buy or refinance a home with any mortgage. Yikes! Not the results we wanted. But here it is, and we’re going [...]
*This is not an offer to lend. 
Upside down on your Rhode Island home loan?
HARP 2.0 Refinance Program for Orange County Home Owners
4 Easy Steps to HARP Program Refinance Bliss for Upside Down Florida Home OwnersHARP 2 Refinance: A Quick Guide
New HARP 2.0 Refinance Loan Program is Expected to Help Thousands of Underwater Homeowners in Atlanta
