You have 2 weeks to make application if you want to take cash out of your home using a FHA refinance. The technical explination of "cash out refinance" is when more than the balance of the …
2% Mortgage Rate on Refinance?
The Obama Administration outlined today their efforts to help borrowers who need to refinance - and for various reasons can not. If you've made your payments on time, here's the current plan being …
First Time Home Buyer Tips!
If you are a First Time Home Buyer, the government recently initiated a program that could help you! First Time Home Buyers have many loan program options. If you, or your spouse, are a Veteran …
FHA Maximum Loan Limits Increase for Some NC Counties
If you live in NC, there's a good chance the Maximum FHA Mortgage Loan Limit for your county changed this week! We were surprised that limits were increased in 2008, lowered January 1, 2009 and then …
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The Fannie Freddie REFI Mandate – “Man Up!”
Paul Jackson, of Housing Wire, wrote an interesting post about the Refinance Initiatives proposed in the Obama Housing Plan released last week. In it he said: "But Lockhart also made it …
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FHA Started Because of The Great Depression…
Housing is the most important part of getting the Economy back in shape - (according to many of the guys that met for The Global Economic Summit in Davos). Keeping that in mind, it's important to …
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