First Time Home Buyer Tips, Best Mortgage Rates
Many new homebuyers make the mistake of rushing out to buy things to fill their home with as soon as the seller accepts their purchase offer and the lender pre-approves their loan. But there are still …
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Sellers can pay the closing costs for the buyer in many cases - however, just like everything else associated with getting a mortgage these days, you need to know the rules, to be sure the …
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In January of 2009 the Temporary Loan Limit increases that allowed those in High Cost Areas to borrow up to $725,000 went down. I live in Wake County, NC - not a "high cost" area... but it did affect …
Continue Reading about The FHA Maximum Loan Limit Roller Coaster 11/11 →
I've been updating Blog Posts all day, and in the background I've been listening to CNBC - and they are driving me CRAZY with all of this Gloom and Doom, The World Is Ending, Debt Ceiling Crisis …
Let's be clear here - you CAN BUY A HOUSE after you've had a foreclosure - it's just a matter of how long you will have to wait. USDA Loans generally have the LONGEST waiting period. If the loan …
FHA Mortgage Loan guidelines have not changed substantially during 2011. The FHA Loan only requires a 3.5% down payment, which is much less money than you will need for the traditional Conventional …
Continue Reading about FHA Underwriting Guidelines for NC 2011 →
