jumbo and investor mortgage loans in arizona and california: USDA Loans are becoming harder to get as of 3/14/2011
- 03/05/11 06:28 AM
As we have all seen rules and regulations for all avenues are in a constant state of flux. It is a full time job just trying stay abreast of the proposals and what actually ends up coming into play. Well here is a major one for you. It is important to know that the USDA Backed mortgages with zero down are going to be much tougher to qualify for as of March 14th 2011 especially for Arizona USDA loans Chase Rural the largest buyer and backer of USDA loans has decided to start doing price adjustments based on FICO scores to … (0 comments)
jumbo and investor mortgage loans in arizona and california: Grayhawk of Scottsdale Association Tips for Buyers Sellers and Realtors
- 03/02/11 01:46 AM
As most are aware there are 3 amazing subdivisions within Grayhawk as a whole each with their own character and style of home and amenities to be offered. Broken down as follows The Park at Grayhawk and The Retreat at Grayhawk which is all gated and has 2 sections The Raptor Retreat on the Raptor Golf Course, and the Talon Retreat on the Talon golf course. What a lot of people don't know are the subtleties of this community and as such there are rules and regulations, I would like to call "Tips and Tricks" to selling or buying in this community. … (3 comments)
THE GOOD: The current monthly MIP charged on an FHA loan is 0.9%. But as of 4/18/2011 at 12:01 am it will go up to 1.15% a 25 bps hike with a ceiling still to be hit of 1.45% later in the year. Why is this good? - it is good because it gives the FHA insurance fund more money to meet the rising default rate on FHA loans … (4 comments)
As we have all seen rules and regulations for all avenues are in a constant state of flux. It is a full time job just trying stay abreast of the proposals and what actually ends up coming into play. Well here is a major one for you.
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