Real estate blog entries tagged with san marcos by VanDyk Mortgage

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san marcos: President Bush compromise may help thousands of Homeowners out of trouble - 07/23/08 08:48 PM

Today, The White House announced that the President would lift his opposition to a Housing bill being voted on today in the House of Representatives. This bill includes several upgrades for homeowners accross America. It provides tax credits for first time homebuyers of up to $7500. Property Tax credits for other … (0 comments)

san marcos: Consumer help for ARM or Adjustable Rate Mortgage Holders - 07/09/08 11:48 PM

When we first start working with a client, We tell you that our company is different from others in the mortgage industry. We will always keep you up-to-date on the major changes in the market that could affect your financial goals or the goals of those close to you. This is one … (0 comments)

san marcos: Homebuyers can now use FHA loans for Bank-Owned and REO propeties - 07/02/08 12:09 AM

HUD has recently made changes allowing homeowners to qualify for FHA loans when buying homes that have been foreclosed, returned to lender (deed in lieu of foreclosure), AKA REO properties. REO stands for Real Estate Owned, which are essentially Bank Owned Repos. Outdated regulations from HUD to prohibit property flipping and … (0 comments)

san marcos: HUD changes allow home buyers to use FHA loans to Buy REO's/Bank Owned Homes - 07/02/08 12:07 AM

san marcos: Fannie Mae's turnabout on Declining markets. Will it really help? - 05/19/08 12:03 AM

Fannie Mae announced that they will no longer require an extra 5% down payment for purchases in "Declining Markets" beginning June 1. The real question is will this change help. The answer is Yes for some borrowers, and not at all for others. There are 2 factors above and beyond Fannie … (0 comments)

san marcos: FHA Jumbo or FHA Stimulus Size - what is it called? - 05/18/08 11:35 PM

There is some confusion out in the media about the new FHA loan limits and just what to call these new loans. We have several investors that call these Stimulus Size FHA loans, and some call them FHA Jumbo loans. We just call them great loans. Your buyers can benefit greatly from … (0 comments)

san marcos: FHA Jumbo or FHA Stimulus Size - what should we call it? - 05/18/08 11:33 PM

There is some confusion out in the media about the new FHA loan limits and just what to call these new loans. We have several investors that call these Stimulus Size FHA loans, and some call them FHA Jumbo loans. We just call them great loans.
These loans can qualify borrowers … (0 comments)

san marcos: FHA scores again for home buyers - 04/03/08 12:39 AM

FHA Loans guaranteed by HUD are fast becoming the loan of choice again for first time homebuyers and also those buyers who do not want to put 5, 10 or 20% down payment on their new home (there is good reason to keep your assets in other areas, that will be … (0 comments)

san marcos: New Loan Limits released for FHA loans - 03/13/08 01:15 AM

New Loan Limits released for FHA loans
HUD has finalized the new 2008 loan limits for FHA Government backed loans. The new limits increase the max loans for FHA from just over $368K up to $729,750. Although the highest amounts are for high cost metropolitan areas such as Los Angeles, New … (0 comments)

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