Posts Tagged ‘lenders’
Use $8000 Tax Credit For FHA Downpayment? Close But No Cigar
July 5th, 2009
I’m sure many of you have heard over the past few weeks, or maybe even saw some of the advertisements touting that FHA will now allow First-time Home buyers to use the stimulus packages $8000 tax credit as a down payment for Read the rest of this entry »
Posted in FHA, HUD, Loan, Mortgage, Purchase A Home, Stimulus Package | 
Tags: 401k, advertisements, bridge loan, Bush, bush administration, closing costs, escrow, fha guidelines, fha loan, fha loans, first time home, first time home buyer, first time home buyers, HUD, lenders, obama, original 3, profit agencies, state and local government, Stimulus Package, tax credit, time home buyers, time homebuyer, what this means | 
3 Comments »
Realize You Must Seize the Day
February 26th, 2009
“Seize the day, and put the least possible trust in tomorrow.”
Horace quotes (Ancient Roman Poet. 65 BC)
The above words were never more true in today’s mortgage climate. As I mentioned in my previous blog, “Refinance and Purchase Why Not Wait?”, I explained why it was not wise to wait to Read the rest of this entry »
Posted in Credit Score, Fannie Mae, Freddie Mac, Interest Rates, Loan, Loan Process, Mortgage, Purchase A Home, Refinance, Stimulus Package |
Tags: 3 years, ancient roman poet, banking system, climate, congress, credit report, economic crisis, Fannie Mae, fence, Freddie Mac, freddie mac underwriting guidelines, horace, instances, interest rate, lenders, loan application, loan officer, necessary documentation, rate quotes, senate, Stimulus Package |
No Comments »
Why Not Wait To Refinance Or Purchase A Home
January 22nd, 2009
Every month the mortgage industry and also the federal government report on whether mortgage applications have increased or decreased. Since the government has started purchasing loans, interest rates have fallen Read the rest of this entry »
Posted in Interest Rates, Loan, Mortgage, Purchase A Home, Refinance, Stimulus Package, Tarp |
Tags: 30 year fixed, acquisitions, anticipation, banks, borrowers, bottom lines, chief executives, credit cards, daily basis, dream home, federal government report, governments, high interest, inflation, Interest Rates, lenders, lending institutions, losses, lower interest rates, mortgage applications, mortgage industry, option arm mortgages, Tarp, what this means |
No Comments »
Tax Tips For The Homeowner
March 27th, 2008
With less than 30 days left until April 15th, many homeowners are scrambling to get their paperwork together for their tax preparer appointment. In all the frustrated and anxiety filled moments before the meeting, many homeowners may forget Read the rest of this entry »
Posted in Loan, Mortgage, Purchase A Home, Refinance, Tax Tips |
Tags: adjusted gross income, borrowers, extra insurance, home mortgage, income tax, income taxes, insurance premium, january 1, lenders, ltv, mortgage interest, oan, paperwork, pmi private mortgage insurance, private mortgage insurance, real estate taxes, restriction, tax adviser, tax deductions, tax preparer |
No Comments »
Time To Refinance With The Coming Changes In FHA?
December 12th, 2007
The Senate has recently passed Senate Bill S 2338 which changes dramatically the structure of the standard FHA program. In recent years FHA programs have not been used to any extent here Read the rest of this entry »
Posted in Credit Score, FHA, Fannie Mae, Freddie Mac, HUD, Interest Rates, Loan, Mortgage, Purchase A Home, Refinance |
Tags: adjustable rate mortgages, borrowers, competitive interest rates, conforming loan limits, extent, extenuating circumstances, Fannie Mae, fannie mae and freddie mac, federal government, fha loan limit, fha loans, fha program, fha programs, Freddie Mac, lenders, median home prices, s market, senate bill |
No Comments »
No Hope For The Hope Now Program
October 20th, 2007
As we sit and wait for what appears to be the Senate putting the FHASecure program on the back burner, we once again have the government, namely the Treasury Secretary traipsing out in front Read the rest of this entry »
Posted in FHA, Loan, Loan Modification, Mortgage, Refinance, Sub-Prime |
Tags: alliance members, borrowers, case basis, fhasecure program, Foreclosure, guess, Interest Rates, lenders, lessor, loan agreement, Loan Modification, loan payments, loan servicer, mortgage service, news media, repayment plan, standard solution, superheros, treasury secretary, verge |
No Comments »
Don’t Blow Off A Low Credit Score
August 25th, 2007
It seems to me over the past month, the highest percentage of calls that I have received have been mostly from borrowers desperate to be approved for a loan so Read the rest of this entry »