fha: Media Bullpucky
- 10/07/08 01:12 PM
Despite what the media is saying mortgage lending has NOT come to a complete hault. There are still great loan programs available, some of which do not require a 20% down payment or equity position, and some which still allow credit scores well under 720. -FHA Cash out refinance to 95%. Equity line closed or frozen, still need cash for home improvements or college tuition. Want to consolidate high interest car loans and credit cards, and take advantage of tax deductible interest? As long as you have owned your home for at least 12 months you may be able to … (10 comments)
fha: Sub Prime Mortgage to FHA in 1 year
- 08/30/07 05:01 PM
FHA as you have heard is coming back faster than ever. FHA can be helpful in many ways when purchasing or refinancing. I am currently working with clients that bought just over 1 year ago, with another mortgage lender, and they were put into a sub prime loan with a sub prime rate. These clients at the time of their purchase did not have much of a choice after looking at their credit history. They have had 2 Chapter 13 bankruptcies that were dismissed in the last 10 years, and a Chapter 7 that was discharged almost 2 years ago. When they … (16 comments)
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