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 …
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 …
150 Moving Parts to Credit Score
Your credit score has upwards of 150 different components. It is a mathematical model and though it is considered a "black box," with few of the actual details made public, we do know the most common …
How To Shop For An FHA Loan
I LOVE TO SHOP! But when you are shopping for a FHA mortgage there are some smart shopping tips! Ask your lender how long they have been doing FHA loans. Many broker shops stopped offering FHA …
What is FHA PMI?? As of April 2008
THERE IS AN UPDATE TO THIS INFORMATION - Please click here for CURRENT FHA PMI information... We are leaving it here, in case someone received FHA's PMI before 1/1/2010, and wants to check on that or …
