arizona: FHA Secure Short Refinance Options When You Are Upside Down On Your House - 09/22/08 10:15 AM
When you owe more than your home is worth and you need an FHA Secure Short Refinance, there are typically three outcomes. Your FHA Secure Short Refinance options will depend upon the negotiations with your current mortgage lender.
Short Refinance Write Down - This is the option of preference. The existing
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arizona: The Feds Seize Fanny and Freddie - whats that mean for Arizona? - 09/10/08 01:16 PM
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arizona: Map For USDA Rural Development Real Estate Loan In Casa Grande AZ - 08/20/08 10:37 AM
Here is the map for USDA Rural Development Home Loans in Casa Grande Arizona. If this is your area, please print it out and use it as a reference. To verify an address you are looking at as eligible for the USDA Rural Home Loan, please email me with the address
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arizona: Whoo Hoo - Look At Me - I'm #100 In Arizona - 08/14/08 10:08 AM
I just was looking around ActiveRain this morning to catch up on some blog reading and low and behold... I cracked the top 100 in Arizona!
Coming in at #100... your's truly... and it only took a YEAR!
The sad thing is that it took so long to really gain an
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arizona: FHA Loan Impact From The Housing Bill That Just Passed Yesterday! - 07/24/08 10:42 AM
The House passed the Housing Bill yesterday with the primary goal of providing a safety net to GSEs Fannie Mae and Freddie Mac and will have an impact on the FHA Loan.
However there are some other important bits to the housing bill.
It will allow The FHA to guarantee up to
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arizona: How Much Down Payment Do I Need To Buy Rural Real Estate? - 07/16/08 11:44 AM
One of the best things about the UDSA Rural Real Estate Loan is that it allows people with low to moderate income to qualify to buy real estate in a rural designated area for zero down payment.
Nothing Down...
No money out of pocket at all to get a USDA Rural
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arizona: USDA Rural Designated Areas In Arizona - 07/14/08 02:24 PM
The USDA Rural designation might surpise you. The USDA says that the property must be designated as rural by the Rural Housing Service (RHS) and some designated rural areas actually look and feel more like the suburbs. In Tucson, the Rancho Vistoso area North of Tangerine Road has the coveted USDA
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arizona: So What Exactly Is An FHA Secure Short Refinance? - 07/11/08 09:53 AM
Hi I'm Paul Dunn, Tucson's #1 FHA Mortgage Loan Originator and I am constantly getting the question "What is an FHA Secure short refinance". A Short Refinance is a transaction where the current lender forgives debt in order to complete the transaction.
Here's a real life example: (very simplified)
Let's say you
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arizona: So What Is A USDA Rural Home Loan? - 07/10/08 03:16 PM
When you think of USDA I know the first thing you think is HOME LOAN FINANCING! Right? Actually, if you're like most Americans you probably think of Milk, Cows, Pigs, Corn, Farms and a beautiful farm house. Anything but mortgages.
Rural, really isn't all that rural. Here is a picture of
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arizona: Short Refinance Is A Viable Option For Arizona Homeowners Looking At Foreclosure - 07/10/08 10:37 AM
The first thing I did this morning was read FoxNews and ran across this article that stated US Home Foreclosures Jump 53% In June. Being an FHA Mortgage Loan Originator in Tucson Arizona I was curious what the numbers looked like for Arizona. The reason I am writing this post is to
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arizona: How To Buy Bank Owned REPO Real Estate - 06/30/08 06:50 PM
The Bank Owned REPO Real Estate market continues to grow. Many of my clients have had questions about how to buy Bank Owned property and how to Finance Bank Owned Real Estate in Tucson with FHA Mortgage Loans. So I made a video...and in the video show them the 5 ways
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arizona: FHA Mortgage Loans are HOT - But Rural Home Loans Are Realtor Gold - 05/29/08 02:11 AM
You know me, I'm Tucson's #1 FHA mortgage loan guy and I'll usually blog about some great news coming out of HUD or talk about the recent changes to the FHA Secure short refinance.
But the hotest loan out there that is creating transactions for Realtors and helping Real Estate Agents
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arizona: FHASecure short sale refinance helps 200,000 families get out of bad loans - 05/22/08 09:19 AM
The FHA Secure mortgage loan, sometimes called the FHASecure Short Sale Refinance, has just helped it's 200,000th homeowner get out of a bad mortgage loan.
The popularity of FHA loans and the FHA Secure mortgage loan is really picking up steam as during the first six months of the program HUD
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arizona: Tucson Area Realtors - Encore MMM Class October 26th - 09/30/07 04:53 PM
Special 4th Encore PresentationMortgage Market MeltdownWhat does it mean to You, and how can you turn crisis into opportunity? Due to the overwealming success of our previous Mortgage Market Meltdown classes, we will be having a special FOURTH encore presentation Friday October 26thth. Seating is limited, register early. "This information makes it so much
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arizona: How To Find Sales In ANY Market Condition - 09/19/07 08:48 AM
The media keeps telling us that real estate sales are down, and that it is not the investment that it has been. I met with two completely differeny Real Estate Agents yesterday. The first agent told me this: "Paul, I haven't sold a house in 3 months. I have a few listings,
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arizona: How To Buy Brain Cells.. And Get Your Marketing There At The Right Time - 09/17/07 11:51 PM
Are you aware of the research available through the National Association of Realtors that can help you with your marketing efforts? Marketing research by Ries & Trout suggest that everyone has two slot in their mind for your business. People have two slots for cola, for pizza, for toothpaste, for dentists, and even
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arizona: The Sky Is Falling.. OR.. I'm Gonna Be A Millionaire - 09/16/07 11:57 PM
Friday I hosted my most recent State Of The Mortgage Industry session for Real Estate Agents in Tucson. I had a packed room full of some of the most successful and influential Realtors in Pima County. Why did they come? To find out the answers. And I gave them everything they
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