So many people don't have a ton of cash available to purchase a home. Because of that, FHA is a perfect program! FHA only requires 3.5% in down-payment - and they allow for a gift for ALL of the …
FHA PMI Rates Going Lower in 2015?
FHA PMI Rates have gone up so many times since 2009 to cover losses - that we've lost count. The FHA PMI Rates are currently so high that it's cheaper (assuming you have good credit scores) to use a …
Mortgage Rates Today, Lower?
Mortgage Rates today are being affected by three things. Russia, Oil and the FED meeting later today. When we woke up around 6, we had a positive opening suggested for the DOW, and the outlook for …
New Expanded HAMP Guidelines HARP Loan
There are two types of Government "relief" programs available to folks who are trying to get their mortgage payments lower, to avoid a short sale or foreclosure. Once program is the HARP Loan …
Continue Reading about New Expanded HAMP Guidelines HARP Loan →
Surviving Spouse VA Home Loan
If you or your spouse are Veterans, or Active Servicemen, you might qualify for a 100%, no down payment mortgage loan that is insured by the Veteran's Administration. There are three sets of VA loan …
USDA Loan Future Eligibility Map December 2014
The USDA Home Loan Website that Real Estate Agents (read all of us) use is currently misleading. We've talked to 3 borrowers in the past week who thought they were writing offers on homes that would …
Continue Reading about USDA Loan Future Eligibility Map December 2014 →