So you are a First Time Home Buyer or at least you are considering buying a new home. You have heard that you can own a new home for less than what you would be paying rent on a comparable place. You want to own because you want a place to call your own, you [...]
Even though first time homebuyers often utilize FHA financing, it’s important to know that the Federal Housing Administration is not exclusive to 1st time homebuyers. In fact, FHA loans can be used again and again by buyers that meet FHA qualifying guidelines. Whether you’re interested in purchasing a home or refinancing, an FHA mortgage might [...]
Seller contributions can make a big impact for a first time home buyer struggling to save the required 3.5% down payment let alone all other related fees. A seller who understands the benefit and has the ability to offer assistance could make the difference between purchasing a home now and continuing to rent.
Handy FHA & VA Mortgage Loan Waiting Periods Chart Due To Derogatory Credit For Seattle, Bellevue, & Lynnwood, WA It’s no secret that there are serious credit issues happening to a lot of people these days. A question that come up often is “How long do I have to wait until I can obtain mortgage [...]
The preliminary information given during pre-qualification and the subsequent documentation provided at application are extremely important to ensuring a smooth transaction. The more detailed and thorough you can be, the easier your FHA loan approval will be.
Where is Your Credit Score? Buying a new home is St. Charles, St. Louis or anywhere has become very difficult for home buyers who are credit challenged, this is a recent development as mortgage underwriting has tightened to reduce supposed risk. Until recently, FHA never had a credit score requirement that lenders had to adhere [...]
FHA Mortgages, Loans From Family With Down Payment Assistance for FHA Mortgages becoming a bit more difficult to find. Another source of funds for down payment to buy a home is a LOAN from an immediate family member. That is right. This a little known FHA underwriting guideline that is allowed. However, not all Mortgage Lenders [...]
New FHA Mortgage changes went into effect on October 4, 2010 that will have an impact on Rhode Island home buyers and owners.
Below are a few bullets, as well as a video that highlights the main points of interest for any property that was assigned an individual FHA case number on or after October 4, 2010:
How will Fed’s Quantitative Easing impact San Francisco Bay Area Home Loan Rates for Refinance and Home Purchase?
But before we get into how this will impact mortgage rates for San Francisco Bay Area current and future home owners, lets find out what does Quantitative Easing (QE) really means!
*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
