Real estate blog entries tagged with refi by Jason Schweiger (Network Funding LP)

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Home : Blogs : Jason Schweiger : Issaquah, Bellevue, Redmond, Kent, Covington, Auburn, South King County Real Estate - Active Rain : Tag "refi"

refi: FHA loan or Conventional loan. Which purchase loan is best for my Real Estate purchase? - 06/20/11 01:31 PM

Here are some real simple basic FHA pros/cons to simply go over and compare an FHA loan to a Conventional loan...
FHA Pro: An FHA loan is designed for lower credit borrowers (640-700 range). The loan guarantee allows the government to make a guarantee to the lender against a loan default because the borrower is a more risky borrower. This allows the lower credit score borrower (640-700 range) to obtain a good interest rate loan through the lender. This does not guarantee loan approval, just against default. All loans, whether FHA or conventional must go through a similar approval process. Rates on … (0 comments)

refi: FHA increases the monthly MI and lowers the upfront MIP. Conventional much better option, if you can manage the 5% down instead of 3.5% - 06/18/11 01:17 PM

FHA has increased their monthly MI cost and lowered the upfront MIP fee to 1%. Conventional is a better option, if you can put down 5% instead of 3.5% and if your credit is above 700. Conventional does not have an upfront funding fee and the monthly MI fee is lower too. Here are the new costs of the FHA loan...
FHA Annual Mortgage Insurance Premium Increase

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refi: FHA Annual Mortgage Insurance premium increasing April 18. Get your case number now. - 04/13/11 08:14 PM

FHA Annual Mortgage Insurance Premium Increase

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refi: Mortgage help - Foreclosure help - Save your home and/or equity! Washington - Seattle - King County - 03/13/08 11:20 AM

We want to give home owners facing foreclosure the opportunity to save their home. We have found that 99% of the families in foreclosure want to keep their home. They have no interest in selling their home and they certainly don't want the sheriff showing up with an eviction crew to kick them out.
Most families in foreclosure can afford their home, but the lenders make it virtually impossible for them to catch up. After adding late fees and legal fees to their missed payments, home owners find themselves too far behind. Many of these families have plenty of equity that … (1 comments)

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Jason Schweiger

Auburn, WA

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Network Funding LP

Address: Auburn, WA, 98001

Office Phone: (253) 315-5580

Cell Phone: (253) 315-5580

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Puget Sound Mortgage Broker working hard for my clients in the entire Puget Sound region including Issaquah, Bellevue, Seattle, Redmond, Kent, Auburn, Maple Valley, Covington, Renton and more.

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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.