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 …
Stated Income FHA Loans
Can you just "state" your income at whatever you think would make it easier to qualify and get an FHA loan... no. FHA requires documentation - and that might be why there's no need for an FHA …
Mobile Home or Modular
The term Mobile Home is not "politically correct" since the folks that make them ( and I guess the industry) refer to them as MANUFACTURED HOUSING... but still, I'm from NC, and I grew up callin' 'em …
Purchasing FHA Foreclosures
FHA is making a temporary move which will make it easier for folks who want to purchase FHA foreclosures. In a release last week HUD announced that it will temporarily waive a 90 day restriction …
The FHA Bailout Plan
Congress, and specifically the NC delegation and Rep. Barney Frank have a new plan to stop the "bleeding" for many American Families who are upside down in their homes. This is really not so much a …
