Cash Out of Home with FHA Refinance
January 5, 2009 by Eleanor
Filed under FHA Mortgage Loans
Have you heard the joke about the way you see your house, and the way the tax guy sees it and the way your appraiser sees it? Well, it’s pretty funny… because everyone has a difference perspective! If you believe you have some equity in your home, and you would like to take cash out, [...]
FHA Loan Limits Change 1/1/09
November 10, 2008 by Eleanor
Filed under FHA Mortgage Loans, Housing News
According to the Mortgagee Letter Published this week, HUD is changing the Maximum Loan Limit for Wake, Johnston, Franklin and Harnett Counties. The change is based upon our average sales price, which has dropped a bit per National Association of Realtors, on Page 48 of their 88 page report – the Triangle will be in [...]
