Changes to San Francisco Bay Area FHA Streamline Refinance Loan Programs

On February 16, 2011, in Mortgage Programs, by Shashank Shekhar

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 [...]

Different Types of 203K Loans in Maryland

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 [...]

Maryland 2011 FHA Loan Limits

On December 31, 2010, in Home Buying Process, Mortgage Payments, Mortgage Programs, Tips And Advice, by Bill Sohan

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 [...]

Spokane, WA FHA Mortgage Insurance Premiums Have Changed – What You Need To Know

On November 8, 2010, in Mortgage Payments, by Michael Mullin

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.

Gauranty Home Loans Only for Vets

On October 25, 2010, in Home Buying Process, Mortgage Programs, Tips And Advice, by Joan Rusco

It is time to abolish all but one of our government loan guaranty programs…. The Veterans Administration program of making affordable and well regulated home loans to this special class of citizens should continue.

Video Alert – Now is the time to Refinance!

On September 25, 2010, in Refinance Process, Tips And Advice, Video, by Tony Croft

Now is the time to Refinance! Especially if you have a FHA Mortgage in New Jersey or New York! Hope you liked the video!  Now is truly a great time to refinance. Rates are at historical lows.  If you live in New Jersey or New York we have a FHA Refinance program with NO APPRAISAL!! [...]

5 Important Things To Know About An Arizona Refinance

On September 20, 2010, in Uncategorized, by Paul Dunn

5 Important Things To Know About An Arizona Refinance When doing an Arizona Refinance through the FHA Streamline Refinance program, there are 5 important factors that really make this work well for Arizona home owners.  This version of the Arizona Refinance is helping people get into some crazy low interest rates, even if they owe [...]

Time is Running Out for Maximizing Savings with the FHA Streamline Program in Orange County

On September 12, 2010, in Tips And Advice, by Tim Storm

The FHA Streamline Refinance program has provided a very easy way for current Orange County FHA borrowers to lower their interest rate. With mortgage rates in Orange County at or near all times low’s, FHA borrowers have been able to drop their interest rates without having to re-qualify for the loan by taking advantage of [...]

Arizona FHA Refinance Video

On September 10, 2010, in Uncategorized, by Paul Dunn

Arizona FHA Refinance Video In this fast moving video you’ll learn how homeowners all over Arizona are able to refinance into some CRAZY low interest rates, even if they owe more than their house is worth. You’ll learn why the FHA Streamline Refinance works so well for people in Arizona.. You’ll learn exactly what it [...]

Arizona FHA Streamline Without Appraisal

On August 20, 2010, in Tips And Advice, by Justin McHood

The FHA streamline without appraisal program is designed to help people with an FHA loan lower their rate and not require that they get an appraisal on the property. More information about the Arizona FHA streamline refinance program is also available for people living in Arizona.