FHA Jumbo Loans are Great for Home Buyers in New Jersey

On January 13, 2012, in Tips And Advice, by Tony Croft

FHA jumbo loans are great for home buyers in New Jersey and buyers who have less than a perfect credit history. The government has come to realize that in certain areas of the country, Northern  New Jersey being one, that many homes cannot be purchased for the previous maximum FHA loan amount of $362,790.  That is [...]

Want To Buy A Handyman Special??

On January 6, 2012, in Home Buying Process, Mortgage Programs, by Bill Sohan

    With a Maryland 203k Loan new homeowners can purchase that handyman special: 1.   Locate & put a contract on the property 2.   Determine the value w/ a home appraisal 3.   Have the 203K loan  underwritten using FHA guidelines. 4.   At closing the seller is paid off.  Depending on 203K type, you can either get [...]

Delaware FHA Loan Limits for 2012

On December 10, 2011, in Mortgage Programs, by John R. Thomas

Delaware FHA loan limits from now through 2012 have moved back to previous values. Single Family Delaware FHA Loan Limits by County: New Castle County Delaware – $420,000 Kent County Delaware – $376,250 Sussex County Delaware – $375,000 The FHA Loan Limit was significantly raised by congress in 2008 to help both Delaware first time home buyers [...]

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 [...]

Refinance An Idaho FHA Loan With the Streamline Program – NO Appraisal

On November 8, 2011, in Mortgage Programs, Refinance Process, Tips And Advice, by Michelle Guth

An Idaho FHA Streamline Refinance With No Appraisal is the best way to go if you live in Boise, Idaho and are looking to Refinance your home and you currently have an FHA loan. If you own a home and you still owe mortgage payments, chances are with interest rates as low as they are [...]

FHA 203K Seminar Hosted By Academy Mortgage

On October 19, 2011, in Tips And Advice, by Bill Sohan

Academy Mortgage Corporation presents a FHA 203K Seminar on November 3, 2011 from 8:30am to 11:30am.  The seminar will be held at the Greater Baltimore Board of Realtors: 1306 Bellona Ave; Lutherville, MD 21093.  Mike Wilcox, Academy National Renovation Sales Manager, will be speaking about “the myths and truths of the 203K loan and how [...]

Maryland FHA 203K Loans

On October 7, 2011, in Tips And Advice, by Bill Sohan

  Here are a few quick bullets that outline the guidelines for the different types Maryland 203k FHA mortgages. For more information about a Maryland FHA Mortgage, Loan Limits, or FHA guidelines, please feel free to contact me directly. Bill Sohan 410-963-2308 bill.sohan@academy.cc www.yourbaltimorelender.com —————————————– FHA 203K REHAB – Maryland —————————————– This loan allows a [...]

First Time Home Buyer, Getting Mortgage Qualified. Just How Hard is it to get a Home Loan in St. Charles, St. Louis and Missouri

On September 26, 2011, in Home Buying Process, Mortgage Approval Process, Mortgage Programs, Tips And Advice, by Bob Rutledge

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 [...]

Maryland FHA 203K loans

On September 22, 2011, in Mortgage Programs, by Bill Sohan

    An FHA 203k loan is an awesome program if you are planning to purchase a Maryland foreclosure that needs a some rehab work. Even though there are some great deals on Maryland  foreclosures, many people are hesitant to explore that option due to the amount of repairs and initial investment involved with purchasing a bank [...]

How To Buy A Flipped Property Using An FHA Loan

On August 31, 2011, in Mortgage Approval Process, Tips And Advice, by Mark Estermyer

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 [...]