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Yogi Berra and FHA Loans - 02/14/12 12:26 PM
It’s déjà vu all over again at least twice a day when you live in the house that FHA built. In my opinion, that’s because there’s typically such a good deal of commotion about FHA rules that the commotion tends to distort the reality.
Case in point of course is the deal with seller-paid contributions. I am typically asked twice daily to confirm the change to the current six percent of the purchase price for the seller contribution towards prepaid expenses, closing costs, discount points etc., to the buyer’s bottom line. It’s still six percent. FHA’s projected change back in July … (2 comments)

Things That Make You Say WTF - 02/07/12 11:26 AM
My most recent need to “WTF?” something was in response to an absurd left hook leveled at Americans by our governing body and its cracker jack cast of elected officials.
First of all, thanks for passing the Tax Cut Continuation Act of 2011; you guys rock the Congressional floor! But after the confetti for their self-indulgent ticker tape parade settled it seems that we’re simply talking about a re-distribution here. A component of this act includes a mandate by the Federal Housing Finance Agency to have Fannie and Freddie increase their guarantee fee on mortgage loans.
In the classic “give with … (0 comments)

 
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Brian P. Forrester

Palm Harbor, FL

More about me…

VanDyk Mortgage

Address: 35095 US Hwy 19 N Suite 100, Palm Harbor, FL, 34684

Office Phone: (727) 216-8138

Cell Phone: (813) 361-6350

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