Homebuyers who purchase a property with cash can refinance the property using 203(k) within six (6) months of purchase, the same as if the buyer purchased the property with a 203(k) insured loan to begin with. Evidence of interim financing is not required; the mortgage calculations will be done t
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05/15/2008
203(k) - How It Is Different Most mortgage financing plans provide only permanent financing. That is, the lender will not usually close the loan and release the mortgage proceeds unless the condition and value of the property provide adequate loan security. When rehabilitation is involved, this m
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05/15/2008
Click here for full FHA credit policy manual FHA LOANS Effective on all loans Registered and/or Locked on or after 4/8/2008 This information is to be provided exclusively to mortgage professionals/referral sources and is not intended for public use. This is not an advertisement to extend consume
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05/15/2008
County Name Single Family Home Maximum Guaranty ANDERSON $417,000 $1,000,000 KNOXVILLE, TN (MSA) BEDFORD $417,000 $1,000,000 SHELBYVILLE, TN (MICRO) BENTON $417,000 $1,000,000 NON-METRO BLEDSOE $417,000 $1,000,000 NON-METRO BLOUNT $417,000 $1,000,000 KNOXVILLE, TN (MSA) BRADLEY $
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05/08/2008
All the features of a $10,000 site for free. From registering your domain (for Free), to providing you with a professional web-site. Click here and find out how I built my site with my own blog attached.
05/07/2008
Requirements for New FHA-Insured Loans:___New FHA loans must be properly underwritten and must be based on current appraised value of the house and borrower's documented income (borrowers with higher - but not disqualifying - debt levels would need to make six months of timely payments at the new
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05/06/2008
This is the week that FHA reform is going to be debated in the House.What will be discussed is the $300 billion legislation proposed by Rep. Barney Frank (D-MA), chairman of the House Financial Services Committee. In essence, for the first time there will be a realistic alternative to the volunta
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05/06/2008
6 STEPS IN ARRANGING A VETERAN'S GUARANTEED LOAN 1. Find the property suitable for your needs. 2. Go to a lender and apply for the loan. 3. Present your discharge or separation papers relating to latest period of service and/or a Certificate of Eligibility. 4. Property is appraised by approved
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05/06/2008
Mortgage Brokers and Loan Officers are Human. Believe it or not, its true "Mortgae Professionals are Human". Everyone involved in Real Estate Transactions is just like you. Because we think gas is too much, the ecomony is tough, but just like you we work though it all. Together we can still refi
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05/01/2008
Networking is one of the most important things any human could do for his/herself. Networking with like minded people is one of the joy's of life activerain offers me. I'm intrested in putting a face with the namees and pics I view for my area. Middle Tennesse is a growing area, especially Nash
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05/01/2008
