Real estate blog entries tagged with fha mortgage by Larry Bettag

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fha mortgage: FHA is the Key to our Economic Recovery!! - 10/20/09 08:40 AM

The trend is your friend, or so I'm told. Mortgage rates going up? Watch the trend. Rates going down???? Watch the trend. I got into the business in 1994, but got serious with it in 1996. Needless to say, FHA was it! There were conforming loans, jumbo loans as well as … (8 comments)

fha mortgage: Appraisal Insurance???? With HVCC we need it PART I - 08/08/09 10:59 AM

HVCC Sucks...this program has cost me a lot of money. But more importantly HVCC has blow a lot of deals due to inept appraisers. Through the random appraiser ordering selection process, bad appraisers are being selected and good appraisers are being neglected.
For Example: the HVCC selection gods sent an appraiser … (12 comments)

fha mortgage: Energy Efficient Mortgages??? Green has finally arrived! - 07/09/09 10:34 AM

Finally, mortgage lending seems to be getting caught up with the rest of the world when it comes to green. I had started a draft on green mortgage lending in Active Rain and then saw and participated in the post by Ritu Desai Calculate your Carbon Footprint and decided that it was time … (3 comments)

fha mortgage: FHA can help first time homebuyers who think that they'd never get in a home. - 01/17/09 09:22 PM

FHA has had some major changes this past year. The most negative one is that the downpayment has changed from 3 to 3.5%. But really that's the extent of negative changes. The rest of FHA and it's changes have been lateral or better.
FHA is the best thing out there. Really, … (10 comments)

fha mortgage: 2008 Comeback of the Year......FHA LENDING! - 01/02/09 09:59 AM

It was hit. It was hit hard. It was was old, knocked down and Mick was ready to throw the towel in so as to protect Rocky, er HUD. HUD wobbled back to its corner and yelled..."Cut Me Mick. It was such a great scene and the beginning of one of … (25 comments)

fha mortgage: Latest Freddie News Strengthens FHA's stranglehold on the market!!! - 11/14/08 09:10 AM

Freddie Mac is doing all it can to make sure that FHA is the lender for 2009. While FHA in 2008 has had an act similar to a top tier Rocky movie, Fannie and Freddie seem to be fading like Apollo Creed. Freddie is now getting rid of Accept Plus Findings. … (9 comments)

fha mortgage: FHA Keeps Changing....the rule on keeping existing residences.... - 09/25/08 08:30 AM

Due to FHA's concern that some homebuyers in these transactions may attempt to provide misleading information regarding the rental income of the property being vacated to qualify for the new mortgage, FHA is instituting underwriting guidance designed to assure that the homebuyer can make payments on the full debt service of … (4 comments)

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