The real estate market is flooded with foreclosures, short sales and bank owned properties. First time home buyers in Wisconsin are really in a great position to buy a home, because interest rates are still at an all time low and the sales prices of home have come down quite a bit. It can be [...]
So you want to buy a condo in New Jersey using a FHA loan. Is it allowed? You bet! You can get a FHA mortgage to buy a condo in NJ. HUD Section 234(c) allows the insurance of any mortgage covering a one-family unit in a development which is coupled with an undivided interest in the common areas and facilities of the development. This may include dwelling units in detached, semi-detached, row, garden-type, low- or high-rise buildings.
The possible changes to the Maryland 2011 FHA loan limits by county are charted below. With only a 3.5% down payment, FHA mortgages have been a great mortgage option for First Time Home Buyers. These loan limits are expected to be lowered as of October 1, 2011. If you are in the market to purchase [...]
On August 11, 2010, bill HR 5981 was signed into law. What are the effects on prospective home buyers? Here is a brief summary: Hip Hip hooray!!! – If you are currently looking at an FHA loan with a value of $250,000, your closing costs will go down due to a decrease in the Upfront [...]
FHA mortgage, First Time Home Buyers and Foreclosures? The 3 Fs of the real estate market of the St. Louis and St. Charles Missouri area. If it wasn’t for First Time Home Buyers, FHA mortgages, and Foreclosures there would barely be a real estate market in the St. Charles and St. Louis area. The FHA [...]
*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
