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...]
USDA Funds Expected to Exhaust end of April 2010
If you are depending on a zero down payment option through the USDA Guarantee Loan program, time is running out for you to secure the property that you plan to buy with, and the department is … [Read more...]
It’s Official…FHA Up Front Mortgage Insurance Increased
In a HUD Mortgage Letter I received today, David H. Stevens, Assistant Secretary for Housing-Federal Housing Commissioner issued the change for FHA Up Front Mortgage Insurance. So, effective for FHA … [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...]
6 Easy Steps to Shop for Your Mortgage and Be Successful
After 8 years helping families find the right loan for their needs, I want to tell you how I would shop for a loan if I were no longer in the business. Please note, if a good deal to you in buying a … [Read more...]
Future for Texas Housing Market…2010
After reading an article in CNN this week, it sounds like the guru's of the housing market think that research on the cost of home owning versus the cost of renting, can determine what Americans can … [Read more...]
203K Rehab to Purchase a Fixer Upper or Help List Your Fixer Upper
Frisco and the Surrounding Collin County home buyers should look into the FHA 203K home loan when trying to buy that short-sale or foreclosure...refinances are elgible too!!! When trying to establish … [Read more...]
Brad Lynch You Tube Mortgage Clip Introduction
Who is Brad Lynch, and at what angles does he go about business as he works with First Time Home buyers, Move Up buyers, VA prospects, and FHA prospects in Frisco, Plano, McKinney, and North Dallas to … [Read more...]
Sell Your Home Before Spring This Year Says Experts!
If you have even considered to sell your home to the extent that you took a moment to share the thought with just about anyone in the last couple years, you probably got an ear full. You heard things … [Read more...]
Forecast on Bailout Money
So we have a positive forecast for the bailout money that was used to bailout the mortgage industry. The TARP that is used to help create jobs and so forth is foreseen to be a loss. We have a decision … [Read more...]
