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2009 FHA Loan Limits - 11/17/08 05:28 PM
The details below outline the new 2009 FHA loan amounts for RI as well as transition dates for the temporary FHA Jumbo Loan program.
2009 FHA Loan Limits
Effective November 14, 2008, FHA loan limits are calculated at 115% of the area median sales price. For 1-unit, the FHA floor remains at $471,050 and the ceiling is now calculated at 150% of the conventional floor, or $625,500.
FHA Mortgage Limits List
To determine the maximum loan amount for a given property, go to
https://entp.hud.gov/idapp/html/hicostlook.cfm to search by state and county.
Sean Wheelan Personal Mortgage Consultant The … (1 comments)
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Get a Mortgage Tune-Up - 11/13/08 12:48 PM
Give your MORTGAGE and CREDIT REPORT an annual once over.
If the last time you looked at your mortgage was when you closed on your loan, it’s time to take it out for an annual once over. New loan programs and opportunities to leverage your home equity can bring you lower mortgage payments and new investment opportunities.
Tax season is rapidly approaching, the time is right to review your overall financial picture. Your mortgage is a pivotal piece and should be viewed as a financial instrument that can help or hinder your goals. What role is your mortgage palying?
For … (1 comments)
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Foreclosures, Preforeclosures, Sheriff Sales, FSBO's and Deals!!! - 11/13/08 05:35 AM
Foreclosures, Preforeclosures, Sheriff Sales, FSBO's and Deals!!!
Today's Real Estate Market offers many unique buying opportunities. It's important that as a potential buyer, you explore all of your options. The best way to do this is by working with an EXPERT. You can find all of the above on my site: Foreclosure Listings You can also find links too many local experts here: Great Local Resources!!!
When looking for the perfect property the most important piece is working with a dedicated Realtor. I'd love to make that referral to you. As a 3rd generation Rhode Islander, and a Personal … (0 comments)
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Mortgage INdustry Info is HERE! - 11/04/08 01:02 PM
If you've got questions, I've got answers!
I have the qualifications and the desire to help you achieve your home financing goals. If you have any questions just click REQUEST FOR INDUSTRY INFO. There you will find virtually every possible category surrounding the mortgage industry.
Better yet, schedule an appointment for a Mortgage Plan Review and I'll pass a long a FREE 50 minute Tax Planning Consultation with one of the area's premier CPA's!!!
Let THE FRIENDLY NEIGHBORHOOD MORTGAGE GUY go to work for YOU! In a climate where guidelines change on an almost daily basis, and the liquidity … (0 comments)
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A dedicated broker is an ABSOLUTE NECESSITY! - 11/01/08 07:15 AM
A dedicated broker is an ABSOLUTE NECESSITY in today's banking climate. The liquidity crisis is still rippling across our country and the term "declining market" is almost a household name. Normal economic markers don't enable the experts to predict rates as they once did, and the world's economy now affects us in ways we never thought possible. A tenured PRO that can guide you through these uncertain lending times and help you avoid the potential pitfalls is what you need.
I'd like to be that PRO, I know I have the qualifications and the desire to help you achieve your home financing goals. … (3 comments)
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