Unless the next Congress makes a major change, Downpayment Assistance Programs are a thing of the past. We have been looking for Alternatives, and found this program that started in May of 2006 by …
Veteran’s Benefits Changed with New Law October 10, 2008
The VA made a significant change on October 10, 2008 in an effort to help Veteran's who might be caught up in a subprime mortgage. The Veteran's Administration never made any subprime loans, and …
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One Works at Bragg – One in Wake County!
We are working with a couple looking for property that will allow the Veteran to commute to Fort Bragg (in Fayetteville, NC) and the spouse to work in Apex, NC (Wake County). Since we've been …
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FHA PMI update October 2008
For the most CURRENT FHA PMI Rates click here THIS IS INFORMATION ABOUT FHA PMI THAT WAS CHARGED IN 10/2008. We have it here in the event someone needs to understand how the Mortgage Insurance …
What Score You Need to Cash Out Refinance
Q: What Score do you need to Cash Out Refinance? A: And the NEW Answer is... Fannie Mae is changing guidelines December 1, and with that change you will need at least a 660 score to obtain a cash …
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What Does “Clean Credit” Mean??
"Clean Credit" is a slang term used OFTEN in mortgage lending. It refers most often to someone who has 12 months with no lates. But it's not just late payments, it also refers to 12 months with no …