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 [...]
Mortgage rates have reached a historical low. Now is the perfect time to refinance. Rates are as low as 4.125 for 30 year and 3.75 for 15 year mortgages in Maryland. This the best time to see how much $$ you can save! For more information, please contact Bill Sohan at Academy Mortgage at 410-963-2308 or bill.sohan@academy.cc [...]
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 —————————————– FHA 203K REHAB – Maryland —————————————– This loan allows a customer to finance [...]
There are many reasons why Colorado Springs homeowners should consider an FHA loan refinance. You may have entered into an adjustable rate mortgage and find yourself paying far more than you’re comfortable with. An FHA mortgage would allow you to refinance your ARM into a 30 year fixed rate FHA mortgage. Or possibly your credit is less than stellar. Whatever the reasons, it’s most likely you could save time and money researching the FHA home loan benefits.
Video: Follow Up On Quarter Percent Effective Rise In FHA Mortgage Rates, Seattle, Bellevue, Lynnwood, WA Below is a video follow up to my post March 1, 2011. See how just a quarter percent can impact this buyers personal finances if they wait to act after April 18, 2011. For Additional Information Or To Get [...]
HUD has once again announced changes to the FHA streamline refinance program in the mortgagee letter 2011-11 dated Feburary 14, 2011. The letter can be viewed @ http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/files/11-11ml.pdf. The changes go into effect April 15, 2011. The key factors that you need to be aware of are as follows: Borrower must be current on both their mortgage [...]
FHA yesterday announced changes to San Francisco Bay Area Streamline refinance transactions. The FHA issued Mortgagee Letter provides guidance on the changes as well as clarification on existing Bay Area streamline refinance guidelines. Here are the 6 things you need to know about these clarifications and changes: Borrower must be current on their mortgage for [...]
There are two different types of 203K Loans available to borrowers in Maryland. They are a Streamline 203K and a Full 203K. Some characteristics of a Maryland Streamline 203K are: Limits the types of repairs that can be done, but there is less documentation involved Can go up to $35,000, which must include the contingency [...]
The Maryland 2011 FHA loan limits by county are unchanged from 2010. With only a 3.5% down payment, FHA mortgages have been a great mortgage option for First Time Home Buyers. 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 County [...]
Effective with FHA Case Numbers assigned on or after October 4, 2010, FHA lowered its upfront mortgage insurance premium while simultaneously increasing the annual premium which is collected on a monthly basis. The change impacts borrowers utilizing the FHA program to purchase or refinance a home.
*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
