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 …
Mortgage Insurance vs Default Insurance
Mortgage Insurance, Default Insurance, Homeowners Insurance, Mortgage Life Insurance... it can be confusing!! Homeowners policies and Mortgage Life Insurance (issued by companies like State Farm) …
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