FHA loans are not dead and shouldn't be going any where soon. The other day a loan officer sent me an e-mail asking me if FHA loans are going away anytime soon. I asked, where did you hear this nonsense. The loan officer replied, “from 3 realtors in my area.” Sounds like water cooler talk to me. My Common sense – If FHA loans disappear, so will our economy, right off the map. Here is why..
Positives with FHA loans - FHA still allows you to put 3.5 percent down as your down payment, even with a credit … (35 comments)
Many of us love to cut costs and or save money, right? A 203-k loan or a Energy Efficient Mortgage can help you accomplish this. When buying your new home, it's not only a place to live, a place to create fond memories, but that it's an investment. And probably one of the biggest investments that you will ever make and that you should take it seriously. Many borrowers are unaware of such programs as the 203 k loan or the Energy Efficient Mortgage. Yes, there are similar programs that can … (8 comments)
What is the FHA 203(k) Loan? The FHA 203(k) allows homeowners and homebuyers an opportunity to purchase or refinance existing homes and finance 110% of the costs needed to improve the home! The 203(k) is ideal for neighborhood revitalization! This program is one of the fastest growing mortgage programs in the country.
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What you can do with the FHA 203(k):
☆ Include all repairs in the mortgage - … (42 comments)
I just want to educate people about mortgages and the process.
In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.
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