fha refinance: YOU DON'T NEED AN APPRAISAL!! - 10/06/10 12:06 PM
That's right, you heard correctly. You can still get a loan without getting an appraisal. How do you do that you might ask? It's called the FHA streamline refinance. Without an appraisal.
You may have heard of the FHA streamline without an appraisal, it is certainly not new, but with the current state of the mortgage market and home values, this loan matters more now than ever before. Most people are familiar with the streamline that requires an appraisal. An appraisal is required when a borrower is looking to included their closing costs in the new loan amount. Actually, an appraisal is mandatory … (1 comments)

fha refinance: Hope For Homeowners - Hopeless for brokers? - 01/19/09 04:13 PM
I think a lot of us brokers were looking forward to the H4H loan last year as a possible life line to help us stay in business. Oh yeah, and there's that helping the borrower thing too. Well, i think on both accounts, this program is a bust. This program was seriously flawed from the beginning, and it seems after some minor tweaking by the powers that be, it is still just as undesirable.
I know that I thought this could be a way to keep afloat in this horrific market all the while helping borrowers keep their homes. I am … (6 comments)

fha refinance: Hope For Homeowners - The New Housing Bill - 08/06/08 10:23 AM
Here are some of the details from the new housing bill: The President has signed into law legislation that will allow HUD's Federal Housing Administration (FHA) to continue providing targeted mortgage assistance to homeowners. The Hope for Homeowners program will continue FHA's existing and successful efforts to provide aid to struggling families trapped in mortgages they currently cannot afford. Under the program, certain borrowers facing difficulty with their mortgage will be eligible to refinance into FHA-insured mortgages they can afford. The program will be implemented on October 1, 2008.
Sustainable, Affordability Homeownership
Hope for Homeowners maintains FHA's long-standing requirement that new … (2 comments)

 
Joseph Mazzei, Why pay retail you you can get it Wholesale? (Wholesale Mortgage Services)

Joseph Mazzei

Why pay retail you you can get it Wholesale?

Tampa, FL

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Wholesale Mortgage Services

Address: 1323 W. Fletcher Ave , Suite 201, Tampa, FL, 33612

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