1/31/2010 Update - There's still no Downpayment Assistance Program Available in NC. The House Bill 6694, that was suppose to re-confirm Downpayment Assistance (it's gone as of 10/1/2008) has made …
New FHA Insurance Premiums
THIS POST IS DATE SPECIFIC... note that FHA has changed it's MIP charges 7 times between 2008 and 2012. 2013 FHA PMI RATE INFORMATION We are leaving this time sensitive data up as a point of …
New EEM Incentives
Okay - so if I were you I'd want to know what the heck the EEM is! It's a special program available for FHA, VA and Conventional loans - originally designed to encourage folks to be more Energy …
Subprime Refinances
With the anniversary of the "Subprime" Mortgage Meltdown Mess, I figured I'd take a look at what we've got left. Many people during 2004 through 2007 purchased homes with little to no money down, …
More Downpayment Needed for FHA
The New Housing Bill that Congress just passed in an effort to "save" Fannie Mae and Freddie Mac (F/F) has some other features that homebuyers need to be aware of. SAVE UP! For more than 10 years …
Documents You Need 4 A Loan
A customer, who is quickly becoming a friend of mine, asked me recently what she needed to gather for a loan application - she's moving to a new area (the company is relocating them) and before she …
