fha: FHA Streamline Refinance - The Easiest and Most Conveniant Way to Reduce Your Mortgage Payment - 06/17/09 08:34 PM
With mortgage interest rates
plummeting to record levels, and home sales plummeting as well, many
people have a renewed interest in refinancing for lower interest rates
and sometimes shorter mortgage terms.
The FHA streamline refinance is a great option for quite a few
of
them. Here are the rules which (1 comments)
fha: FHA Loans Facilitate Home Ownership - 06/06/09 03:34 PM
The Federal Housing Administration (FHA) program first began in 1934 in
an effort to encourage home ownership despite the difficult economic times
of the era. Just like todays economic times, options for borrowers with
less than perfect credit is critical to substain an economy as the
housing market plays a (0 comments)
fha: Mortgage Boos - Tax Credit Down Payment Assistance...What a Crock - 06/01/09 01:31 PM
On May 29th, 2009 HUD/FHA announced the terms of the first time homebuyer tax credit and its use as a down payment assistance program. Read the entire HUD Mortgagee Letter 2009-15 by clicking on the HUD logo off to the right. Reader Beware, like many other ML's, you must be a (0 comments)
fha: Home Buyers Down Payment FAQ's - 05/29/09 08:42 AM
With today's combination of lower home prices, some of the lowest
interestrates the industry has ever offered, and the $8000 tax
incentive for
first-time buyers, buying a home has never been so attractive.
The only
real hurdle left for many Americans is coming up with a down payment.
With this in mind, (0 comments)
fha: First Time Homebuyer Tax Credit Loan...On the Horizon? - 05/21/09 04:06 PM
The following is an article from The National Association of Realtors:
Daily Real Estate News | May 18, 2009 Detailed guidance on the federal government's plan to provide short-term loans to borrowers using the First-Time Homebuyer Tax Credit is expected to be out shortly, but a spokesperson from the U.S. Department (4 comments)
fha: Update to 2009 FHA Refinance Guidelines - 01/05/09 09:55 AM
Mortgagee Letter 08-40 communicates changes to FHA refinance transactions and are effective January 1st, 2009. Although this update includes guidelines that have not changed, I have listed the unchanged ones anyway as a review for those of you already familiar with FHA guides.
Here are the 10 things you need to (1 comments)
fha: FHA - Introducing Risk-Based Pricing - 05/14/08 01:39 PM
The
Federal Housing Administration(FHA) will start charging
upfront mortgage
insurance premiums based on the borrower's credit score and down
payment starting July 14, according to the Department of Housing and
Urban Development. Upfront premiums paid at closing will range from
1.25% to 2.25% under the new pricing schedule that will apply (2 comments)
Related Links:
Joshua Lerette St. Petersburg Florida FHA/VA Mortgage Specialist
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