We sometimes work with folks for 12 months or more to fix their credit so that they can buy a house. Often times, we need for them to add more GOOD items to their credit reports - because the only …
Can You Refinance To The Lowest Mortgage Rate?
Mortgage Interest Rates are at ALL TIME lows, and many of the people calling us want to know if it's even possible to Refinance these days! The answer is maybe. If you are looking for a "rate …
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Veteran Home Loan PMI Change Effective 10/11
Congress is trying to "beef up" military benefits, and they started by lowering the Veteran Home Loan fee for getting a VA Mortgage Loan. The Fee, called a funding fee, is VA's version of …
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USDA Home Loan Change in PMI 12/11
USDA notified us that they are once again changing their "PMI" for their Home Loan Program. USDA, like FHA and the Veteran's Administration don't actually "make" the guaranteed loans, they just …
Qualifying For A FHA Streamline Refinance
FHA changed it’s guidelines so that VERY little is required to qualify for a FHA Streamline Refinance, however, in North Carolina, we have our own State mandated standards, so again – many of the NC …
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FHA Repair Requirements 2011 in North Carolina
FHA Mortgage Underwriting Requirements for repairs are really quite different than they were several years ago, before there were so many foreclosed and distressed homes on the market in North …
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