THERE IS AN UPDATE TO THIS INFORMATION - Please click here for CURRENT FHA PMI information... We are leaving it here, in case someone received FHA's PMI before 1/1/2010, and wants to check on that or …
Mortgage Insurance vs Default Insurance
Mortgage Insurance, Default Insurance, Homeowners Insurance, Mortgage Life Insurance... it can be confusing!! Homeowners policies and Mortgage Life Insurance (issued by companies like State Farm) …
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FHA Repair Requirements
Homebuyers are looking for a deal - and sometimes you might think that purchasing a "fixer-upper" might be the best way to go! The problem is that many sellers, including banks holding foreclosed …
HUD Secretary Resigns
As has been reported by many - Alphonso Jackson resigned as Secretary of HUD today. The question at hand is not what he did - and if he was a GREAT HUD Secretary (because in my humble opinion he was …
Time To Refinance Your VA Loan??
The Veteran's Administration Provides you with Four Different Refinance Solutions The Veteran's Administration doesn't actually MAKE mortgage loans - they just make it possible for Veteran's to get …
Va Loans and Co-Borrowers
The married spouse of a military member or veteran can co-sign a VA loan. WHAT DOES THAT MEAN? In practical terms it means that if you are not married - and the other borrower is NOT a veteran, you …