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February 22, 2014
First Time Home Buyers searching for loan assistance can now take
advantage of
FHA Government Loans First Time Home Buyer Programs
that can require as little as 3 % down.
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March 28, 2014
Thinking about refinancing your existing mortgage, or taking out a new one?
Don't delay, or it could cost you. Some Federal Housing Administration (FHA)
changes involving tighter lending standards and higher mortgage insurance
premiums already took effect on April 1st, while others are on the way - and
these changes could make a dent in your wallet.
So what's prompting these changes? They come in the wake of the FHA's Mutual
Mortgage Insurance Fund - which is used to fund homeowner programs -
announcing a deficit of over $16.3 billion for fiscal year 2013.
Read more >»
June
5,2014
The Section 203(k) program is the Department of Housing and Urban
Development (HUD), primary program for the rehabilitation and repair of
single family properties These programs operate through FHA-approved lending
institutions which submit applications to have the property appraised and
have the buyer's credit approved. These lenders fund the mortgage loans
which the Department insures.
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September 5,2013
The FHA Short Refinance option is targeted to help
homeowners who owe more on their mortgage than their home is worth –
or ‘underwater’ – because their home saw a decline in home value.
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April 7,2014
Many older Americans need greater financial security to supplement social
security, meet unexpected medical expenses, make home improvements, and more.
One of the nations fastest growing solutions is a Reverse Mortgage.
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