fha: MORTGAGE LOANS FOR HOME BUYERS IN ANNE ARUNDEL COUNTY - 03/05/12 04:16 AM
MORTGAGE LOANS FOR HOME BUYERS IN ANNE ARUNDEL COUNTY Protect your credit and save for a down payment Mortgage loans have changed dramatically in the past 3-4 years. In fact, many of the loans that were used to purchase a home in Anne Arundel County in the past 5 years no long exist. However, while some loan types are no longer available, the no down payment, 100% financing loans for instance, our home buyers still get financing with reasonable down payment and closing costs.
Protect Your Credit - Stay out of the mall!!
Conventional Financing. 5-10-20% Down Payment Financing. You must … (0 comments)
|
fha: FHA CHANGES COMING. SADLY, THEY ARE DESIGNED TO REDUCE THE BUYER POOL, DENY HOME OWNERSHIP TO MANY PROSPECTIVE BUYERS and FURTHER DAMAGE THE HOUSING INDUSTRY. - 01/30/10 07:08 AM
ONE THING EXPERIENCE TEACHES US IS THAT, JUST BECAUSE A PERSON IN AUTHORITY SAYS SOMETHING, DOESN'T MAKE IT TRUE.
EXAMPLE: HUD Secretary Donovan, in announcing the details of the changes to FHA financing, states:
"The new policies are designed to strengthen the FHA's capital reserves so we can continue to fulfill our mission of serving underserved communities."
The changes include:
Increase the up-front mortgage insurance premium (MIP) to 2.25%; Update credit score and down payment requirements for new borrowers; Reduce seller concessions to three percent, from six percent; and Implement a series of significant measures aimed at increasing lender enforcement. … (130 comments)
|
fha: RAISING THE DOWN PAYMENT FOR FHA INSURED LOANS TO 5% IS O.K.????? - 10/08/09 06:20 AM
RAISING THE DOWN PAYMENT FOR FHA INSURED LOANS TO 5% IS O.K.?????
Just wait until the folks on Capitol Hill proposing the down payment change rediscover another good source of money for income redistribution. Since the American home owner has few, if any, protectors on Capitol Hill, sooner or later I predict that, a few of them will again attack the Home Mortgage Interest Deduction. Each year, the Home Mortgage Interest Deduction puts about $70Billion in the hands of American home owners. The government spenders, Congress, want that money.
This post inspired by Jeff Belonger's thoughtful article on this subject on October 7.
WARNING: This is a … (37 comments)
|
fha: THE WORD FROM FHA. . . . . THE FHA INSURANCE FUND WILL RECOVER IN TWO OR THREE YEARS!!! - 09/19/09 05:27 AM
THIS IS SIMPLY ADDING INSULT TO INJURY TO THE AMERICAN ECONOMY!
FHA ADVISES:
The new audit shows that even without any new measures, the reserves will rebound to the required level within two or three years largely as the result of the recovery in the housing market, Stevens said. This calculation is based on projections of future home prices, interest rates and the volume and credit quality of FHA's business. GOOD GRIEF! This will effectively put FHA insured financing on hold for TWO OR THREE YEARS.
JUST WHAT IS FHA DOING THESE DAYS??
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
September 18, 2009
HUD ANNOUNCES $300 MILLION IN … (108 comments)
|
fha: STAFFORD COUNTY, VA, AQUIA HARBOUR WATERFRONT HOMES ALL IN FHA LOAN LIMIT $729,750. - 04/02/08 07:08 PM
FHA MORTGAGE LOANS FOR STAFFORD COUNTY VIRGINIA HOME BUYERS - FHA Loan Limit $729,750 and 3.5% Down
ANNOUNCEMENT: New VA Loan limit raised to $729,900 through Dec. 31, 2008
WELCOME TO THE NEW FHA LOAN. VIRGINIA REAL ESTATE OPPORTUNITY FOR HOME BUYERS.
HAVING TROUBLE GETTING A CONVENTIONAL HOME LOAN APPROVED? You bet! Is the home you wish to buy in a "declining market"? What's a "declining market"? What's the solution? FHA loan limits up to $729,750 for AQUIA HARBOR, a waterfront community in Stafford County, VA. All of Stafford County is covered by the new FHA loan limit of $729,750. AND the down payment … (3 comments)
|
|
|
|
;)
;)
;)
