Our son recently purchased his first home - and it was a home someone purchased, fixed and decided to Flip. Being in his 20's, he had no time or knowledge to fix the issues with the house by himself, …
$8000 Grant With FHA / Qualifying Requirements
Looking for a FHA Mortgage? FHA Mortgage Loans require a downpayment - but FHA offers TONS of options! For instance, you might qualify for a First Time Homebuyer $8,000 Grant with FHA that money can …
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Rebate Commissions From The Agent
There's been some discussion about Agents rebating commissions back to the buyer... we see ads everyday for a Agent that will refund part of their Commissions back to the Buyer at Closing. What I …
FHA May Change Seller Contribution Limits
In 2010, FHA issued a fairly detailed document that outlined changes they felt were necessary to keep the Capital Requirements of the fund solvent. Those changes updated minimum credit scores …
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Qualifying For A FHA Streamline Refinance
FHA changed it’s guidelines so that VERY little is required to qualify for a FHA Streamline Refinance, however, in North Carolina, we have our own State mandated standards, so again – many of the NC …
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FHA Short Seller + FHA Buyer = Restrictions
FHA has specific rules when it comes to purchasing a home that is in Pre-Foreclosure with a FHA mortgage on it. FHA doesn't make mortgage loans, they Insure them - and so as the Insuring Agency …
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