| |
pa: Adjustable Rate Mortgages - FHA Secure mortgages could be your answer.... - 01/05/08 04:38 PM
Could your adjustable rate mortgage be ready to adjust? Has it adjusted and you are now having problems making your new mortgage payments?
As I stated here, the FHA Secure Loan sounds great, but not all will qualify. But you need to a true mortgage professional to make sure that you would qualify and not just a bunch of broken promises from a sales person.
So what do you need to know to possibly qualify for the FHA Secure loan? Keep in mind, you currently don't have to have a FHA mortgage. But you do have to meet these … (9 comments)
|
pa: FHA Secure Loan -- A political move or just being helpful -- The Positives/Negatives - 09/13/07 07:59 AM
The biggest thing to remember is that most of this loan is written under the normal FHA guidelines. The FHA Secure loan program will help some property owners, but not as many as one would think. I will explain this part later.
Now the question has been, who does this really help? Homeowners who might go into foreclosure if they don't get any payment relief? The government or President Bush, telling people that they care? Possibly some loan officers who can make so more money off those that they gave subprime loans to in the previous years? My estimate? I would … (17 comments)
|
pa: FHA refinancing or purchasing -- The full scoop and nothing but the scoop - 09/02/07 03:31 PM
With the mortgage meltdown back in the beginning of the year for 2007 which has carried throughout the summer, FHA has become popular again. Kris Wales wrote in a comment that she received an e-mail from a loan officer stating that FHA is back. She wrote back stating that it never left and this is coming from a realtor.
Folks, FHA has never left. If your lender or loan officer can't offer you a FHA mortgage and your credit is less than perfect, then please seek out a mortgage professional that can offer FHA financing. Otherwise you might be going backwards. But … (36 comments)
|
pa: FHA mortgages -- What's all the hype? - 08/30/07 08:38 AM
FHA, FHA, FHA....... why are more companies doing FHA now than they did in the last 5 years? In my opinion, this is a good thing, yet a scary thing. Why do I say this? So many lenders and loan officers are now jumping on the band wagon because other financing alternatives are not there anymore.
Peter G. Miller, a columnist for Reality Times mentions that the last two weeks of July showed an increase of 49.1 percent in FHA mortgage loans. He also states that applications for purchases were up 6 percent while refinances grew by 82.6 percent. Wow, why are … (18 comments)
|
pa: Mortgage Rates -- Locking or Floating -- Part 2 of 2 - 08/24/07 09:26 PM
I had told a short story in regards to a first time homebuyer being very confused over the mortgage process, even though I explained it well to them. Why did this happen? Because they started to talk to family members who got them to shop around and a realtor that told them one fee was too high.
No matter if you are going for a FHA, conventional, VA, or subprime mortgage, you not only need to feel comfortable, but educated. The story turned out in my favor because the previous lender wasn't keeping in touch with his clients after application in … (10 comments)
|
pa: Will a Realtor do business / refer business to a lender or loan officer out of state? - 10/09/06 10:46 PM
I just wanted to throw this question out there. Again, I have been in the mortgage industry for over 14 years. I have been with large lenders, a few mid sized lenders, and some smaller brokers. Even though I am based in Cherry Hill, NJ; I can do loans in any state with my current company. Ever hear of Cendent Mortgage (PHH/USA Mtg)? They are one of the top 10 lenders nationally and located in NJ. They do business in every state and very successful. But it helps when you are buying business also. LOL (long story)
I get my business from … (32 comments)
|
|
|
|
|
|
Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
Cherry Hill,
NJ
More about me…
Social Media - Infinity Home Mortgage Company, Inc
Address: Cherry Hill New Jersey 08034 08002 08003, Haddon Heights New Jersey 08035, Haddonfield, NJ, 08033
Cell Phone: (609) 440-5133
Email Me
 Listings
Links
Archives
|
;)
;)
;)
