Economists across this fruited plain are singing the same two tunes, that ‘housing needs to improve in order for the economy to grow and gain momentum again’, and ‘gas prices reaching $5 will throw us into another recession’. Well, here’s some good news, this time coming from the housing market, as a personal hedge against [...]
It is true! You can buy a new home just 1 day after a short sale…with a couple caveats, of course. You can buy again, using an FHA mortgage, just one day past closing on a short sale, IF: You had no mortgage lates in the 12 months before your short sale, and The loan [...]
So, if you are in the market for a home in the Atlanta area, planning on FHA financing in the Atlanta market, then try to move quickly to get the contract and case number. HUD announced an imminent increase in monthly MIP as of April 18, 2011. In an effort to further strengthen FHA’s role [...]
Interest rates continue to be at all time lows. Home prices around Atlanta, while they may or may not have quite hit their lowest points, are very low. In fact, in most neighborhoods, you can buy a home for less than it would cost to build new. If your New Year’s Resolution was to buy [...]
A lot of people I speak with today just have a feeling that down payments need to be quite substantial. Generally, they hear about the housing market being bad and banks not lending all over the news, and just surmise that they probably need a huge down payment to buy a home. I am on [...]
Loan programs and guidelines are changing every day, and most especially with government loans such as FHA loans. So, now more than ever a metro Atlanta first time home buyers to get a very solid pre-approval from a direct, local lender. Frequent visitors of this website know it is all about the local lender being [...]
Just a fun little video we put together for the Holidays. Are you ready to get your FHA financing ready for your new home in Georgia for the new year? In the meantime, enjoy the video, and Merry Christmas!
Home Improvement Loans With the our housing stock aging, new construction inventories dwindling and the suburban flight back to urban America the need for renovation and home improvement loans has increased dramatically in recent years. When most think of home improvement financing the first thought that pops up is your good old Home Equity Line [...]
FHA home loans are among the easiest loans to qualify for. Instituted during the depression era of the 1930s, the Federal Housing Association since has helped tens of thousands of Americans to buy their first home, or move-up home, with a small down payment and very favorable rates and terms. However, FHA loans are a [...]
On April 5, things changed. No news there; things have been continually changing in the mortgage lending world for some three years now. But this one will affect a lot of Atlanta home buyers, since so many are finding that FHA loans are the best for their circumstances. And even though Atlanta FHA loans are [...]
*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
