Good news for San Gabriel Valley homebuyers: Prior to the Thanksgiving holiday, President Obama reinstated higher FHA loan limits through 2013. FHA loan limits can go up to 125 percent of local area median home prices. This means you can obtain a mortgage for a purchase or refinance in Claremont, San Dimas, LaVerne or Glendora for up to $729,750! [...]
So you are a First Time Home Buyer or at least you are considering buying a new home. You have heard that you can own a new home for less than what you would be paying rent on a comparable place. You want to own because you want a place to call your own, you [...]
Did you hear, it’s impossible to get a loan. I heard it’s hard to get a loan in California. Is that what you believe? Because many people sound so confident when they say that. And I’m curious, if you believe that, did you actually try to refinance or buy a house in the last 90 days [...]
VA mortgage loans are very popular when purchasing a home in Virginia, and the veteran is protected in that purchase through a VA Loan Appraisal. In fact, before your home can be approved for VA financing in Virginia, a VA loan appraisal must be conducted and completed on the subject property. What is a VA Loan Appraisal? [...]
If you are an Inland Empire home buyer looking for a house that is in turn key condition and ready to move in, a recently flipped property can be the perfect match for you!!! Purchasing a flipped property in San Bernardino and Riverside counties just got easier. The guideline that prevents an investor from selling [...]
What have you heard about qualifying for an Gov’t-insured Loan? Only inexpensive homes are allowed? Not true! You need a lot of money for a down payment? Not true! You need perfect credit? Not true! Your credit score has to be at least 650? Not true! If you ever declared bankruptcy or had a foreclosure, [...]
Even though many lenders are still quoting quick 10 minute pre-qualifications over the phone or online, a true mortgage approval that holds any weight in Maryland is one that has been issued by an underwriter who has had an opportunity to review all of the necessary documents. With a constant stream of new lending guidelines, [...]
If the last time you applied for a mortgage loan was several years ago the experience was likely very different from what you may encounter this time around. Borrowers were often easily approved for much higher loan amounts than they were even interested in (or could reasonably afford, but that’s another issue.) In the past few [...]
Maryland 203K loans offer a great vehicle for your agent’s to get rid of their excess inventory of REO and foreclosed properties. Many realtors shy away from Maryland 203Ks since it is difficult to establish up front what the exact cost will be to the prospective buyer, or simply because they don’t know how the [...]
Many home buyers in Yuma Arizona are using the low down payment loan sponsored by HUD called an FHA loan. FHA allows for first time buyers to finance a home with as little as 3.5% down. ____________________ 3.5% Down is ALL You May Need ____________________ Many potential home buyer are not aware that with even [...]
*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
