New Minumum Credit Score Set at 620 for FHA, VA Loans - 02/23/09 07:32 PM
Min. Credit Score Set at 620 for FHA, VA Loans Feb 21st, 2009 by Aimee Ghimire. There are some major changes going into effect very soon regarding credit score requirements on FHA and VA loans. It used to be that on these loans you were able to qualify even if your credit score was below 620 - well it is becoming  apparent that more and more lenders are moving away from this. In fact over the  past few days I’ve received emails informing me that the major banks (Citi, Wells Fargo, Countrywide, Chase)  will not make any exceptions to the 620 … (0 comments)

$15,000 for homebuyers Tax Credit - 02/10/09 08:17 PM
$15,000 for homebuyers
Under the Senate's stimulus bill, homebuyers could receive a $15,000 tax credit if they purchase within a year.
By Les Christie, CNNMoney.com staff writer
February 10, 2009: 7:10 AM ET
 
 The Senate's version of the plan sweetened the $7,500 homebuyer tax credit provision proposed by the House, doubling it to $15,000 or 10% of the home's purchase price (whichever is lower). What's more, the credit applies to all buyers - not just those purchasing their first homes.
The Senate credit also has no income limits. The House version, in comparison, allows only those with incomes up to … (5 comments)

Panoramic Downtown San Diego Penthouse Views NOT a Short Sale or Bank Owned - 02/03/09 12:39 PM
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