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FHA Mortgage Insurance to Change October 4, 2010

By Brad Lynch on August 19, 2010 2 Comments

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...]

Filed Under: Frisco Mortgage Tagged With: FHA changes, FHA mortgage, FHA Mortgage Insurance, FHA mortgage insurance changes, FHA purchase, Frisco FHA mortgage, Frisco Mortgage, MIP, PMI

Policy Changes With FHA Guidelines for Underwriting…Will It affect first time buyers?

By Brad Lynch on January 20, 2010 Leave a Comment

Have we reached the top of the "mountain" in regards to tightening of underwriting guidelines in the mortgage industry in hopes to reconstruct, and specifically speaking, in FHA lending, so we can … [Read more...]

Filed Under: Frisco Mortgage Tagged With: FHA Down Payment Minimum, FHA Minimum FICO, FHA Mortgage Insurance, FHA Policy Changes, Frisco FHA, MIP, Up Front Mortgage Insurance Premium

FHA Mortgage Insurance Premium MIP Risk Based Pricing

By Brad Lynch on August 30, 2008 Leave a Comment

One of the ways that FHA have chosen to combat themselves against increasing the continued risk of foreclosure is by increasing the costs for Mortgage Insurance Premium in the upfront and monthly MIP … [Read more...]

Filed Under: Mortgage Loans Tagged With: MIP, Monthly Payment, Mortgage Insurance Premium

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Hello there! I'm Brad. If you have any questions as you read through this website you can reach me at 469-450-2723. Or, Pre-Qualify Now For Purchase Or Refinance.

About Brad Lynch

Brad Lynch of Flower Mound, TX has been helping families in the DFW and surrounding areas since 2002. Over 95% of his business during that time has been by referral.

Specialties include, FHA and Conventional Purchase and refinance mortgage, and owelty refinances during or after a divorce.

Texas Recovery Fund Notice

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT HTTP://WWW.SML.TEXAS.GOV.

Brad Lynch, RMLO, (NMLS #206799) is a representative of Mason McDuffie Mortgage Corporation (NMLS #1141). Mason McDuffie Mortgage Corporation is a registered trade name of Mason McDuffie Mortgage Corporation. Equal Housing Opportunity.

Equal Housing Opportunity

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