We've talked to several people in the last couple of days who want to purchase homes using FHA's 3.5% down payment program... and they are trying to purchase some "unusual" properties. (Click here for …
FHA PMI Changes 10/4/2010
FHA Continues to make changes to their PMI Rates. Because of the number of defaults – the monthly rates and the upfront rates for FHA Mortgage Insurance continues to change. We keep this information …
FHA Appraisal Requirements 2010
Earlier this year, FHA clarified who was qualified to perform an appraisal. This seems kinda' silly, because the appraisers must be on the FHA Appraiser's Roster... but with the HVCC ruling in May of …
FHA Guidelines on New Jobs
Maybe you just graduated from College - or maybe you have been out of work and are so excited because you finally got a job! YEAH! You have a new job, and now you want to get a new house! Well - …
DRATS! FHA is Getting More Expensive!
FHA Continues to make changes to their PMI Rates. Because of the number of defaults - the monthly rates and the upfront rates for FHA Mortgage Insurance continues to change. We keep this information …
Continue Reading about DRATS! FHA is Getting More Expensive! →
FHA Lending Sign Of Weak Housing Market?
FHA has money to lend, and boy is it flying out the doors! David Stevens, the agency’s head is quoted in Bloomburg as saying, "FHA lending last quarter may have topped the combined volume of …
Continue Reading about FHA Lending Sign Of Weak Housing Market? →