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Applications for FHA / VA/ USDA Mortgages Up!

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According to the Mortgage Banker's Association in Washington, DC, the applications for "Government" backed loans is MUCH higher than for any other segmant in the market.  Traditionally, if you were …

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Condominium Loans and FHA Mortgage Changes

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FHA announced new guidelines that will effect Condominiums beginning this fall.  With their mortgagee letter, HUD (which governs the FHA Mortgage Loan program) changes the Spot Approval process, so …

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FAQ RE: Obama Loan Modification Program

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The Obama Administration announced plans to allow for special considerations in cases for folks who are currently behind on their mortgages, and headed into foreclosure.  Those guidelines apply only …

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