Does FHA Mortgage Insurance Go Away? That is the question! Flower Mound and Frisco FHA home buyers and refinance prospects have many times wondered about this topic. To answer that straight out, … [Read more...]
Search Results for: fha changes
More To Learn About FHA Mortgage Insurance
Did you hear that FHA has installed another increase in the amount of mortgage insurance that it's charging the home buyers and refinance prospects starting April 18 2011? The Frisco home buyers … [Read more...]
FHA Mortgage Insurance Facts
The majority of Frisco TX home buyers using FHA mortgages to secure financing on their home either wait to ask their home loan consultant, or broker what the mortgage insurance premium will be on … [Read more...]
USDA Home Loans Begin Funding and Reinstatement With Changes
The United States Department of Agriculture and Rural Development has finally come to a consensus that American Home Buyers have been waiting on...in my area, Frisco, Prosper, McKinney, and Little Elm … [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...]
FHA Changing Seller Concessions from 6% to 3%
In case you are wondering, FHA has still not put their foot down on the decision, and as of today, 5/18/2010, you still get 6%. My last post on this talked about some of the other changes that were … [Read more...]
FHA Seller Contribution Change From 6% to 3% in 2010
In case you are not aware yet, FHA has made some changes recently. Some of these changes are effective today, and some are expected to be effective 'this Summer'. To view changes other than the … [Read more...]
FHA Loses Fight to Increase Down Payment Requirement from 3.5% to 5%
Thanks to the NAMB (National Association of Mortgage Brokers), the fight to hold the minimum down payment for a FHA purchase at 3.5% instead of bumping it up to 5%, has been won. Today, the fight … [Read more...]
USDA for North Texas Home Buyers New Change
If you are buying a home in Texas, and closing in the coming months using a USDA mortgage, you might want to know what new changes USDA has instituted that will increase your monthly payment. Many … [Read more...]
The Implode List by MortgageImplode.com
For years, I have watched the list of lenders that go out of business grow at http://ml-implode.com/. This list has been tallied since late 2006 and today the list is up to 383. Four years from the … [Read more...]
