Have you heard the joke about the way you see your house, and the way the tax guy sees it and the way your appraiser sees it? Well, it's pretty funny... because everyone has a difference …
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Fix Up A Foreclosed Property – $100 Downpayment?
I wrote recently (click here) that we could not do $100 downpayment with the 203k loan program... well, now I have a lender who claims he can do it. HUD has long had a program that encourages folks …
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Found Money Refinancing from Subprime to FHA
In the South we have a "saying" that I love. FOUND MONEY! Do you know what that means? It refers to that $20 you "found" in your bluejeans that you had forgotten about! It's about the extra …
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FHA Downpayment Alternatives
Unless the next Congress makes a major change, Downpayment Assistance Programs are a thing of the past. We have been looking for Alternatives, and found this program that started in May of 2006 by …
What Does “Clean Credit” Mean??
"Clean Credit" is a slang term used OFTEN in mortgage lending. It refers most often to someone who has 12 months with no lates. But it's not just late payments, it also refers to 12 months with no …
HR 6694 and Downpayment Assistance
1/31/2010 Update - There's still no Downpayment Assistance Program Available in NC. The House Bill 6694, that was suppose to re-confirm Downpayment Assistance (it's gone as of 10/1/2008) has made …
