NJ Mortgage Blog
Mortgage Questions
ARCHIVED BLOG POSTS
2009
5
Comments
I read an article today stating that the HUD big wig, Sean Donovan, is asking Congress to change FHA minimum down payment from 3.5% up to 5% of the purchase price. Are you serious!!!!???? The economy is moving, people are finding the 3.5% down payment needed. To raise the down payment to 5% wo...
12/10/2009
1
Comments
I found this article on one of my associates active rain pages and this is great information for those looking to buy a home. So many times people are financially illiterate and don't understand how the finance world works. I always tell my borrowers these tips and provide them with an educatio...
12/08/2009
0
Comments
In an effort to help with the short sale process the government has stepped in to try to make clear cut guidelines for short sales, here is the info I have read: "Government Announces Short Sales Guidelines The U.S. Treasury Department announced new guidelines this week designed to make short sal...
12/08/2009
Rainer
84,388
84,388
Justin Vaught
Justin Vaught - NMLS # 260072