For many years it's been down right difficult to purchase a condo using FHA as the financing program. What makes that even more difficult is the fact that VA Home Loans and USDA Home Loans generally …
FHA PMI Rates Going Lower in 2015?
FHA PMI Rates have gone up so many times since 2009 to cover losses - that we've lost count. The FHA PMI Rates are currently so high that it's cheaper (assuming you have good credit scores) to use a …
Firefighters Qualify for 50% Discount
With the Good Neighbor Next Door program, Firefighters can really buy a house for half of the sales price. And it's not just firefighters! Public School Teachers and Policemen also qualify for this …
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FHA Mortgage To Purchase a NC Townhouse or Condo
If you are purchasing a Condominium in NC, and you are interested in getting a FHA Mortgage to help with that purchase, you need to check and see that the Homeowner Association (HOA) is already on the …
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Rental Income and FHA
FHA announced new guidelines for those who are going to rent their residence - and then apply for a FHA loan. The "old" rule has always been that if you were relocating, you could "hold" more than 1 …