Here's a suggestion! One of my friends is moving, and wants to THEN go through some credit improvement and hopefully buy in 6 or 7 months. FIRST SUGGESTION... get your drivers license changed to …
Calculating Downpayment on FHA
For many years we calculated FHA down payment by way of Acquisition Cost. Now... that's "out the window." With the new "revisions" we calculated a "straight" 3.5% as reflected in the Mortgagee …
DownPayment Assistance Possible
***** UPDATE****** NC Offers a 3% down payment assistance to those who qualify, and can be used with a USDA Home Loan, FHA, Home Loan for a Veteran or a Conventional Loan. (Down Payment Assistance …
Countrywide Mistakes Means Free Peek!
Countrywide had a data breech - leaving almost 2 million people "exposed!" "Countrywide Home Loans has revealed that there was a security breach and that people who have their mortgages with their …
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FHA Refinance
Okay - so here's something that will stump the loan officer. You bought a property in Feb. of 2008. You got a Heck of a Deal - and you purchased the home for $237,000. The appraisal in February …
HR 6694 and Downpayment Assistance
1/31/2010 Update - There's still no Downpayment Assistance Program Available in NC. The House Bill 6694, that was suppose to re-confirm Downpayment Assistance (it's gone as of 10/1/2008) has made …