FHA Suspends Taylor, Bean & Whitaker

On August 11, 2009, in Tips And Advice, by Steve Lines

Last Wednesday morning (August 5th), I received the following notification via Twitter from HUDFHA www.twitter.com/HUDFHA: “FHA SUSPENDS TAYLOR, BEAN & WHITAKER MORTGAGE CORP read more: http://bit.ly/cU118 /” Upon following the provided link, I found the HUD News Release explaining that FHA suspended Taylor, Bean and Whitaker Mortgage Corporation because, as FHA Commissioner David Stevens explained, [...]

New Mexico FHA Loan Limits

On June 6, 2009, in Tips And Advice, by Steve Lines

FHA Loan Limits in New Mexico If you are considering the possibility of buying a home in New Mexico, you may find that a FHA mortgage is a great option. New Mexico FHA loans have low rates, low down payment requirements, and accommodating qualifying criteria.  Part of the information that you should know before you [...]

Everything You Want To Know About the 8000 Tax Credit for First Time Home Buyers in New Mexico

On June 5, 2009, in Tips And Advice, by Steve Lines

Can you use the 8000 tax credit for your New Mexico FHA down payment? It is possible that this isn’t the first site that you have been to looking for information about the 8000 tax credit.  If that is the case, you probably have noticed that there is an abundance of varying information presented.  Last [...]

Las Hipotecas FHA Le Ayuda Comprar Casa en New Mexico

On May 29, 2009, in Tips And Advice, by Steve Lines

“Uno de los prestamos más populares para la compra de casa en New Mexico es la hipoteca FHA, la cual tiene criterios de calificación muy favorables.” El idioma español es el segundo idioma más común en los Estados Unidos después de inglés. De hecho, el español es el idioma principal hablado en casa por más [...]

How Long is the Waiting Period After a Bankruptcy to be Approved for a New Mexico FHA Loan?

On May 27, 2009, in Tips And Advice, by Steve Lines

Like many Americans, have your personal circumstances pressed you to consider filing for bankruptcy?   Perhaps you have already been recently declared bankrupt.  As the current recession has taken hold, bankruptcies across America have surged.  In 2008, personal bankruptcies reached over a million filings. New Mexico, although not as deeply affected as other states, has [...]

Top Ten Reasons Why New Mexico College Graduates Should Use FHA Loans to Buy a House

On May 27, 2009, in Tips And Advice, by Steve Lines

New Mexico FHA Loans Help College Graduates Break the Barriers to Home Ownership. May is graduation month across New Mexico and there are a number of 4-year public institutions in New Mexico including Eastern New Mexico University in Portales, the Institute of American Indian Arts in Santa Fe, New Mexico Highlands University in Las Vegas, [...]