Posts By Mike Harrison
Location
Utah
Phone: 801-404-3540
Posts
Utah County FHA Update Utah County FHA loan limits from now through 2012 have moved back to previous values. Single Family FHA Loan Limits in Utah County, Utah Most of 2010 $323,750 October 1st – November 17th $271,050 November 18th $323,750 The FHA Loan Limit was significantly raised by congress in 2008 to help both [...]
An FHA mortgage option is looking even better as Fannie Mae changes its guidelines again. Coming in April your 740 credit score is going to cost you more if you don’t have enough equity in your property. If you have lower than 740 watch out! Your penalty for having a lower than 720 score just [...]
No down payment is required when you qualify for a Utah County grant, however you must contribute at least $1,000 towards the purchase of the home. Usually the $1,000 will come from your earnest money and the payment of some of the closing costs. Loan to Own will give you up to $15,000 if you [...]
Great news for Utah home buyers and owners who are watching mortgage rates.
The 30 year fixed rate has dropped once again to its lowest level ever according to the Freddie Mac data. Freddie has compiled mortgage interest rate data since 1971 by taking the average interest rates posted from several major mortgage lenders.
Homeowners who are considering re-financing their home may have a wealth of options available to them. However, these same homeowners may find themselves feeling overwhelmed by this wealth of options.
Utah Homes in Provo are now approved for two more down payment assistance programs (DPA). Both of these programs offer first time homebuyers up to $10,000 to purchase a home in Utah. The first Provo grant targets anyone who is unable to qualify for the pioneer area $20,000 grant. The second opens up the entire [...]
To find out if refinancing is in your best interest you will need to do some math. You will want to calculate the net benefit of refinancing. In the article we are going to focus on the net benefits of refinancing from the standpoint of lowering your interest rate. It can be a challenging task if you do not [...]
It has been big news about the USDA Guarenteed Rural Housing Program running out of money. There are still funds available, but it is going fast! Total Available Funds: $680,382,774 Available for Purchase: $599,675,847 Avaialbe for Refinance: $80,706,927 Congress is working on allocating more money for this program. A bill that would do just that [...]
This is a live map of Provo Utah homes that may be eligible for a $10,000 Loan in Provo or $20,000 Home Purchase Plus grant. The map shows the Provo Utah Redevelopment Area also known as the Pioneer Area. It covers the Maeser, Franklin, Dixon, South Joaquin, Timp and a portion of North Park Neighborhoods.You [...]
Help me with my grant please!
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