Posts By David Krushinsky


Location


Scottsdale, Arizona

Phone: 602-456-2195

Posts

Can I Still Get A Mortgage if My FICO is Below 620?

On December 1, 2011, in Mortgage Programs, by David Krushinsky

With recent guideline changes, AmeriFirst Financial, Inc. – a local Arizona based mortgage company - is pleased to announce we are now funding FHA loans with FICO scores down to 580.  If you have been considering purchasing a home in Phoenix, now is the time to see if you can qualify.  Don’t wait for interest rates [...]

Phoenix VA Home Mortgage Basics

On May 26, 2011, in VA Loans, by David Krushinsky

When purchasing a home in Phoenix, a VA (Veterans Administration) guaranteed home loan is the preferred loan program for active, non-active, Reserve, National Guard, and retired military of the armed forces because there is no down payment needed and no private monthly mortgage insurance required. Phoenix VA mortgage loans can be used towards purchasing a home, building [...]

After Your Phoenix FHA 203k Loan Closes

On February 18, 2011, in Mortgage Programs, by David Krushinsky

Are you purchasing a home in Phoenix?  Is the house bank-owned, does it need some minor repairs, or would you just like to paint, carpet and put in some new appliances?  The FHA 203k Streamline loan is the perfect solution.    FHA’s Streamline 203(k) mortgage program allows Phoenix homebuyers to finance up to an additional $35,000 into their [...]

Phoenix FHA 203k Loan

On January 12, 2011, in Mortgage Programs, by David Krushinsky

What is a FHA 203k Loan and how can it help someone looking to purchase a home in Phoenix, AZ??? The Phoenix FHA 203k Rehabilitation Loan was started as a tool to help the revitalization of neighborhoods and communities in Phoenix, Arizona and throughout the United States.  The 203k loan program offers borrowers the resources to rehabilitate [...]

11 Benefits to Using A FHA Mortgage To Finance Your Phoenix Home

On December 29, 2010, in Mortgage Programs, by David Krushinsky

The purpose of this article is to articulate some of the most common benefits of utilizing a FHA loan to finance a home purchase in Phoenix.  The first bolded sentence is what many real estate professionals believe to be truth. Phoenix FHA mortgage interest rates are higher than conventional.With tiered FICO pricing on conventional loans, FHA loan rates can actually be lower than [...]

How To Determine The Value For A Phoenix FHA 203k Mortgage

On November 18, 2010, in Real Estate Appraisals, by David Krushinsky

How To Determine The Value For A Phoenix FHA 203k Mortgage This article will discuss the two values most commonly viewed when underwriting a 203k FHA home mortgage.  When you’re purchasing a home in Phoenix and utilizing a 203k FHA loan, it’s important to understand the importance of “as-is” value and “as completed” value. Appraisal Requirements for the [...]

Appraisal & Property Requirements for Phoenix FHA Home Mortgages

On October 30, 2010, in Real Estate Appraisals, by David Krushinsky

Any guesses on whether or not  this home will meet the requirements for a FHA loan in Phoenix??  Below are some of the important guidelines most appraisers utilize when they appraise a home in Phoenix where a FHA home mortgage is used for financing. 1: Home Inspections: Borrowers are encouraged to obtain a detailed home inspection of the property. Borrowers should research home [...]

FHA Loan Requirements for Phoenix Home Buyers

On October 29, 2010, in Mortgage Approval Process, by David Krushinsky

Phoenix home buyers looking to take advantage of all-time low interest rates, depressed housing prices, and a low down payment loan should consider a FHA loan when buying a new home in which to live.