fha: Quick Tips for Getting Started on Your Indiana Refinance - 07/01/08 03:07 PM
Quick Tips for Getting Started on Your Refinance
When you refinance your existing mortgage, you are essentially paying off the existing mortgage debt and replacing it with a new loan. Many of the same costs are involved in refinancing a loan as are in first-time financing.
To start with, the lender
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fha: How to Negotiate a Home Purchase from Tippecanoe Mortgage Lafayette Indiana - 07/01/08 02:18 PM
There is much give and take involved in negotiating a property purchase. That's why it's important to have a checklist of what you want to get out of the deal as a buyer. Bear in mind, the home must be appraised and the lender will be looking at the fair market
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fha: The Home Loan Process Lafayette & West Lafayette Indiana - 06/19/08 04:06 PM
Organize Your Documents
A properly documented loan application makes your loan process go smoothly. This checklist will help you gather your paperwork.
Complete and sign the residential loan application, Form 1003, and the attached loan info sheet, credit authorization and fair lending notice. Page 5 of the application is
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fha: Writing the NEHEMIAH® Offer - Indiana - 06/19/08 03:49 PM
NEHEMIAH® Gift Funding for down payment assistance is available for any buyer who qualifies for an FHA mortgage loan. Typically, most buyers request the minimum down payment assistance of 3% however; the gift can be up to 6% in assistance or can be used to supplement a down payment. For instance,
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fha: Lafayette & West Lafayette Indiana - Ask me about FHA Mortgage Programs! - 06/19/08 02:58 PM
Mortgage financing sponsored by the Federal Housing Administration (FHA) can make home ownership affordable for you!
One misconception is that FHA loans are only for first time homebuyers - THEY'RE FOR EVERYONE! PURCHASE OR REFINANCE!
FHA Loans feature plenty of flexibility, including:
Low down payments of 3%
The option to utilize
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fha: Tippecanoe Mortgage, The #1 FHA Lender in Tippecanoe County, Lafayette Indiana - 06/19/08 02:44 PM
SERVICES:Here are a few services that you're Loan Specialist can perform to simplify the mortgage process:
Personal attention to service
Free, same day loan pre-approval by phone, appointment, or online
Competitive interest rates and fees
Pre-approval certificate to position you as a "cash" buyer, strengthening your negotiating power
Appointments 7
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fha: Tax Documents: How Long Should You Keep Them? - 05/29/08 11:29 AM
Tax season is over, and what a relief! But what do you do with all of this paperwork? For years, the rule of thumb for individual tax filers has been to keep federal tax returns and all supporting documents for three full years. This is based on the principle that the
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fha: Tippecanoe Mortgage, Lafayette & West Lafayette Home Loans - 05/29/08 11:01 AM
Offering Indiana mortgage and refinance loans at competitve current interest rates - We are a local mortgage company with a Nationwide reach. We have the right loan program for you --- Conventional home loans, New-Construction loans, FHA, VA, USDA Rural Housing, Government loan programs, First-Time Homebuyer loans, $0 Down loans, Down Payment Assistance programs, Reverse
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fha: How To Afford a Mortgage in Lafayette & West Lafayette Indiana - 05/13/08 10:03 AM
MINIMUM CASH REQUIREMENT
The main deterrent in buying a home today is not income or credit requirements but rather finding the necessary funds to cover the initial costs and down payment. Traditionally a 20 percent down payment is required and in many instances the related closing costs and escrow funds can run
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fha: Lafayette & West Lafayette Indiana - FHA Mortgages: Streamline Refinance - 02/19/08 09:36 AM
If you have followed the financial or political news at all this year you are aware that the housing market has been thrown into turmoil. Lenders are going out of business right and left as well as credit is getting very tight and more difficult to obtain. The good news
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fha: Shopping Around for a Mortgage in Lafayette or West Lafayette Indiana? - 10/10/07 08:33 AM
HERE'S THE INSIDE SCOOP ON HOW TO DO IT RIGHT! First: Make sure you are working with an experienced, professional loan officer. The largest financial transaction of your life is far too important to place into the hands of someone who is not capable of advising you properly and troubleshooting the issues
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fha: Tippecanoe County - Apply Before You Buy! - 10/03/07 02:17 PM
Why should you have a mortgage approval before you have a home? With our FREE Mortgage Pre-Approval program, we verify your income, credit and assets to determine the maximum loan amount you can qualify for. We will issue a mortgage approval letter, which is subject to an appraisal. You can use this in
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fha: Consumer Report: Major Changes in the 2007 Mortgage Lending Industry - 08/09/07 04:04 PM
Mortgage News: A Year Of ChangeBy Casey Shipley & David Mennen 2007 has been a year of major changes in the mortgage lending industry. Anyone who pays the least amount of attention to the 6:00 P.M. news would draw the conclusion that the bottom has fallen out, everyone is being foreclosed upon,
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fha: A Tremendous Hedge Against Inflation - 05/24/07 03:03 PM
What is an inflation hedge? We all know what inflation is. It is the tendency for expenses to rise over time. We know that rent is subject to inflation. If your present rent payment is $800, a 5% rate of inflation would make the payment $1,303 in ten years. A hedge
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fha: Are You Part Of The American Dream? - 05/23/07 04:03 PM
Security, privacy, freedom - the American Dream is to purchase a home. Ownership of property is the bastion of capitalism. There is no doubt that owning a home is the goal of the average American today. Why? Is it the ability not to have a landlord? Is it the freedom to
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fha: Lafayette and West Lafayette Indiana - Down Payment Options! - 05/23/07 03:11 PM
Looking For Down Payment Options? Are you dreaming of owning your own home...but wondering how to finance it? MyCommunity Mortgage Home Loans have flexible requirements that make it easier for you to buy a home. Here are some ways a MyCommunity loan may help you buy a home: Up to 100% Financing availableSeller contributions up
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