Frisco home buyers and refinance prospects have asked, "what are mortgage rates going to do when or if this debt ceiling thing resolves?" There are plenty of folks within this industry that will try … [Read more...]
Frisco Mortgage
FHA Seller Contribution and Seller Paid Closing Costs
How much seller contribution is allowed on the FHA loan, and how do you calculate it? FHA mortgages allow the seller to contribute 6% of the sale price, toward closings cost for the borrower. This … [Read more...]
The Best FHA Mortgage For Frisco First Time Buyers
The best loan program for Frisco First Time Buyers is usually FHA due to the minimal down payment options and available seller contribution that is allows the seller to pay all the closing costs for … [Read more...]
Mortgage Rates Suffer On Great Economic Swings Like Today
One of the most well followed websites in the mortgage industry that employers within Real Estate follow is ThinkBigWorkSmall. One of the best market trackers that I have seen is within their … [Read more...]
FHA Mortgage Insurance to Change October 4, 2010
The commissioner of FHA, David Stevens, announced the changes to the current mortgage insurance structure at the beginning of this month. It is expected that the changes to mortgage insurance … [Read more...]
Do Not Forget Your Inspections On Your VA Mortgage
For those who may not be experts in the VA loan, VA guarantees the loan in the mortgage and not the home. That is where the guarantee fee goes. Therefore, it is up to the borrower to take correct … [Read more...]
Real Estate and Mortgage, Which Way Does it Go
In this post, there will be plenty of talk about facts for the economy regarding home sales, foreclosures, purchase price of homes, and what you might expect for the housing market in the future as it … [Read more...]
VA Home Loan Guideline on Chain of Title
Unlike FHA and Conventional loans, VA does not have a guideline that says a borrower can not get a loan on a home that has a short chain of title. Define: Chain of Title - A chain of title is … [Read more...]
TDHCA Bond 77 – Lot 1 Available Texas Department of Housing and Community Affairs
TDHCA First Time Buyer Bond Program...Down Payment Assistance Available The Texas Department of Housing and Community Affairs has officially release Bond 77, so see if your cities income limits and … [Read more...]
June 1st Fannie Mae Will Institute a New Guideline in Credit Qualifying
Fannie Mae institutes new underwriting guidelines for home owners trying to borrower money, to pull a 2nd credit report before the close of the loan. Fannie Mae released a notice to the mortgage … [Read more...]
