There are many many rules that define who many discount points we can charge, or how much money we can earn in commissions in North Carolina. But FHA has ADDITIONAL rules regarding pricing. FHA's …
FHA Streamline FHA Maximum Loan Amount details…
The DEVIL is in the details! On an FHA Streamline Refinance (we're doing a ton of these right now!) we found some new (to us) information: Note: Headquarter Decision allows Streamline …
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Can You Qualify For A Mortgage If You are Not Married??
If you found this post, you have a very specific question, and the very SHORT answer, is PROBABLY. Exactly what type of mortgage you get, is a slightly more detailed answer! VA LOANS: VA says …
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Applications for FHA / VA/ USDA Mortgages Up!
According to the Mortgage Banker's Association in Washington, DC, the applications for "Government" backed loans is MUCH higher than for any other segmant in the market. Traditionally, if you were …
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Condominium Loans and FHA Mortgage Changes
FHA announced new guidelines that will effect Condominiums beginning this fall. With their mortgagee letter, HUD (which governs the FHA Mortgage Loan program) changes the Spot Approval process, so …
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FHA To Allow Tax Credit To Work As Downpayment
FHA announced during a summit in Washington that they will shortly be allowing the Tax Credit for First Time Homebuyers to be used as downpayment! THIS IS HUGE! There are few details available …
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