fha loan: FHA Mortgage Update: FHA loan changes and what you need to know - 01/20/10 04:52 AM
While it is not official yet, it looks like the FHA is about to make several major changes that will affect borrowers in Brevard County, Florida and the rest of the country.  The talked about changes will affect the cost of mortgage insurance, the down payment, the amount of seller paid closing costs, and also some steps towards being able to better oversee and regulate lenders originating FHA loans.
The FHA does not actually lend money; the FHA insures loans made by lenders that meet the guidelines set forth by the FHA.  In order to insure these loans, all FHA loans have … (0 comments)

fha loan: Brevard County FHA Mortgage update: Current County Limits - 08/25/09 01:07 PM
The FHA is a great loan as it gives home owners a very low down payment option, allows features that conventional loans do not (a conventional loan is any loan that is not a government loan), and has historically very low interest rates.  Currently the FHA will allow a loan amount up to $291,250 for a single family residence in Brevard County, Fl.  Right now this limit is good through the calendar year 2009, however, there is talks of extending the limits into 2010.
Just to recap, here is a list of some features of the FHA loan:
Source of Down … (0 comments)

 
Joe Harris (Morgan Financial)

Joe Harris

Melbourne, FL

More about me…

Morgan Financial

Address: 2720 N Harbor Blvd, Melbourne, Fl, 32935

Office: 321(757) 357-0201

As a Brevard County Mortgage Expert, Joe writes on all things related to the mortage industry and other related events for Brevard County, Fl.


Listings

Links

Archives

RSS 2.0 Feed for this blog