Effective Immediately:We are able to do FHA Purchase Only to 620 Fico . * Max 45 DTI* DU approve/eligible* Job Stability* Landlord Rating/Payment shock max 150%* Purchase Only Please contact me for more detailed information....
I did a comparison a few weeks back on the payment breakdown of both FHA and Homepath. Homepath of course is only allowed on Fannie Mae REO properties, but is a great program. Effective April 18th, monthly mortgage insurance...
Fannie Mae REO product is called Homepath. There are over 17,000 properies available in CA and AZ. As of March, there are over 11,000 properties listed on Homepath.com in California and another 6,500 in Arizona. There are...
In the last few months I have made a move to a new company. One thing about that experience that you always here the the grass isn't always greener on the other side. After looking into 4-5 mortgage companies, and...
Life after Short Sale/Foreclosure and Bankruptcy Everyone wants to know what are the rules after I either short sale or foreclose on my house. What are the time frames until I can buy again? This section will go through...
The Perfect Storm: Low House values and Low Mortgage rates Their a few reasons on why I believe that now is the perfect time to buy. Don't take it from me, look at the real evidence that as led me to this conclusion....
SENATE APPROVES BILL TO INCREASE FHA MI PREMIUMS The Senate approved last night the bill HR 5981. This bill permits HUD (Housing and Urban Development) to increase the annual FHA premium to a maximum of 1.55% for loans with a...
A homebuyer's most common asked mortgage questions answered. The most common questions of a mortgage loan are often a struggle for new and old buyers alike. Today, I answer those questions honestly to finally clear up...