Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use
Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use
ARCHIVED BLOG POSTS
2009
FHA Changes Streamline Refinance Rules - makes it harder! FHA streamline refinance has always been a great tool for home owners. In the most simple format, a person who currently has an FHA loan could fill out some paperwork, and close a new loan shortly thereafter with a new lower rate (paymen...
09/19/2009
The FHA plans to propose to increase the net worth requirement for approved mortgagees to meet industry standards. The requirement is currently at $250,000 and has not been increased since 1993. HUD is proposing an initial increase of approximately $1,000,000 that would be in place within one ye...
09/19/2009
Rainmaker
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JosephMetzler
Sr Loan Officer
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Mortgage industry news and insights from a 15+ year industry expert. Mortgage are Real Estate News You Can Use.
Joe is a Certified Minnesota Mortgage Specialist, who provides home mortgage loans not only in the Minneapolis, St Paul area, but all of Minnesota and Wisconsin.