fha: FHA Loans Announcement: Increase in upfront premiums for FHA mortgage insurance starts April 5, 2010 - 01/29/10 12:45 PM
 FHA UPDATE  FHA UPDATE
On January 21, 2010; the federal housing commissioner announced news about the increase in upfront premiums for FHA mortgage insurance.  Effective for FHA loans for which the case number is assigned on or after April 5, 2010, FHA will collect an upfront MIP or Mortgage Insurance Premium of 2.25%.  This will be an increase of 0.50% from current MIP of 1.75%.
If you have any FHA questions please feel free to email me at: nima@concorde.bz
Nima Rezvan
Executive Mortgage Banker
Blackberry: 203.913.6016
Email: nima@concorde.bz
Website: http://www.NimaLoans.com

 
(4 comments)

fha: How do I know if this Condo Complex is FHA Approved? Click on FHA Approved Condo List Link in this Blog! - 04/20/09 09:23 AM
   Dear Realtors and Consumers,
Are you always wondering if a certain condo complex is FHA approved or not?  Do you find yourself having to contact the listing agent and asking them if it is and sometimes they don't know?  Wouldn't it be better if I just gave you a link to go and check on your own with the most updated FHA Condo Approved list?  This website is not a big secret and it is easily found on http://www.HUD.gov but sometimes difficult to locate on the website. 
Click on this link to do a simple search to see if a condo complex … (5 comments)

fha: Home Loan Highlights: FHA 203k, FHA Streamline 203k, Fannie Mae HomeStyle and EasyBuild Renovation - CT MORTGAGE - Connecticut First Time Home Buyer Loan - 04/19/09 03:47 PM
 
         
If you have any questions in regards to these 4 different type of rehab home loans then please feel free to contact me.
Your CT Mortgage Professional,
Nima Rezvan
Senior Loan Officer
Blackberry: 203.913.6016
Email: Nima@concorde.bz
 
 
(1 comments)

fha: Understanding the FHA 203k STREAMLINE - 04/12/09 06:46 PM

 
CT FHA 203k Streamline Rehab Loan
Being a mortgage professional since 2002 and I can be honest with you in saying that the hottest inquired about home loan in recent days has been the FHA 203k Streamline.  I'm posting this blog today so that everyone can get themselves familiarized with this loan.  This is an excellent mortgage product specially for buyers of foreclosures, REO properties or bank owned properties because most of these homes need some fixings before a bank or lending institution is willing to lend money on them.  FHA 203k Streamline goes by the FHA guidelines hence … (4 comments)

fha: USEFUL TOOL FOR REALTORS: FAQ's About The First Time Home Buyer Tax Credit (By Nima of LADD Financial 203.913.6016) - 10/23/08 04:21 PM
Nima Presents:
Frequently Asked QuestionsAbout the First-Time Home Buyer Tax Credit Law
(Forward this email to all of your Current Clients, Past Clients, First Time Home Buyers & Anyone that can use this information)
The Housing and Economic Recovery Act of 2008 authorizes a $7,500 tax credit for qualified first-time home buyers purchasing homes on or after April 9, 2008 and before July 1, 2009. The following questions and answers provide basic information about the tax credit. If you have more specific questions, we strongly encourage you to consult a qualified tax advisor or legal professional about your unique situation.
1.                  … (1 comments)

fha: Can you rely on FHA to save you 100% of the time? - 03/20/07 02:09 AM
Dear Reader,
Good morning from my home office here in Fairfield, Connecticut.  I just read a great blog by a mortgage professional and neighbor of mine Mr. George Souto which his blog can be reached by clicking on this link: FHA Stepping Up As Sub-Prime Steps Down.   George made some strong points about how FHA is coming to the rescue even though the sub-prime companies are vanishing into thin air.  I absolutely agree with him but his blog kept the negativity out.  What do I mean by negativity?  Yes, FHA has better rates, better guidelines that fit a first time home buyer but … (8 comments)