Recent Posts
My FHA Mortgage Blog
Return To Blog Listing
My FHA Mortgage blog was created to connect FHA approved mortgage companies with local clients and real estate professionals.
We are a group of seasoned FHA Mortgage Professionals who are committed to transparency and integrity in lending.
By l
Recent Posts Tagged With 'fha'
Maryland 2010 FHA Loan Limits
The Maryland 2010 FHA loan limits by county are unchanged from 2009. With only a 3.5% down payment, FHA mortgages have been a great mortgage option for First Time Home Buyers. For more information about a Maryland FHA Mortgage, Loan Limits, or FHA ...
Calling All Teachers, Firefighters, Police Officers – Rockwall County, Texas
If you are in the market for a new home but need some money for down payment, closing costs, etc then you may qualify for a grant from Rockwall County. This is truly free money. It’s on a first come first serve basis but once awarded it does not ne...
Improving Credit Scores Without Credit Repair – Texas
While credit repair in Texas is necessary for some, it’s not the only way to increase your credit score. Even if you have stellar credit, you can enhance your score through these steps: • Evenly distribute your credit card debt to change the ...
FHA Appraisal Reform, GFE/RESPA Changes and Broker Approval Updates
Effective January 1, 2010, HUD is requiring loan originators provide borrowers with a Standard Good Faith Estimate (GFE) that clearly discloses key loan terms and closing costs and that closing agents provide borrowers with a revised HUD-1 Settleme...
Orange County FHA Loans | Easier Appraisal Requirements for High Balance Loans
Some good news (finally) for Orange County, CA FHA borrowers - FHA has eased the appraisal requirements for “high balance” loans. A High Balance loan in Orange County is considered to be any loan over $417,000, up to $729,750. Under the g...
Assistance Programs – Rockwall and Grand Prairie Counties, Texas
Announcing Two New Assistance Programs for Grand Prairie and Rockwall Counties City of Grand Prairie The Foreclosed Home Purchase Assistance Grant Program (FHPAG) assists qualified low, moderate and middle-income families to purchase foreclosed h...
Questions, Questions, Questions
My industry has seen more changes in the last 20 months than I have seen in the last 20 years. I just take all of the changes that come down the pike and I roll them into my business and move on. I usually have a pretty sunny disposition but sometime...
Maryland $8000 Home Buyer Tax Credit Extended
The U.S. Senate & House have passed legislation to extend the Maryland $8,000 home buyer tax credit to May 1, 2010, for first-time buyers AND add a $6,500 tax credit for the existing homeowner if they’ve lived in their home for five of the...
Orange County FHA Borrowers Should Consider the 15 Year Fixed Program
The FHA 15 year fixed program has several benefits for Orange County, CA FHA borrowers. While it does result in a higher payment because it is fully amortizing, it can save thousands of dollars for the borrower in the long run. The 15 year fixed has...
House Decides to Extend $8000 Tax Credit to Veterans – Texas
The House of Representatives voted unanimously Monday (10/13/09) to extend the deadline for the $8000 first time home buyer tax credit. Currently this legislation only applies to Veterans but there is a proposal to extend this tax credit for everyo...
USDA Rural Development Home Loan Has Lower Monthly Payments Than FHA AZ Mortgages
USDA Rural Development monthly mortgage payments Did you know that for the same loan size and a similar rate that the USDA Rural Development Home Loan will ALWAYS have a lower payment than FHA? Sometimes the USDA Rural Development payment will be s...
How to Purchase a Home with a FHA Loanwith almost Zero Down
For a limited time, up to 99.5 % financing is being offered to increase home ownership opportunities to individuals and families in California. You can purchase a home with a FHA Loan for as little as .5% down payment. Yes! That’s right! As littl...
The FHA 203K Streamline Rehab Loan in Texas
If you've been passing up buying a home in Texas because it requires cosmetic repairs and you are lacking the funds for repairs and/or upgrades FHA has a program for you. Not to be confused with FHA's full 203K program, a Streamlined 203K loan elim...
New FHA Streamline Refinance Guidelines in California for 2010
FHA Streamline Refinance Guidelines for 2010 for California will be new to some, but old to others. Under today’s FHA streamline refinance guidelines, homeowners with FHA loans have the ability to lower their monthly payment when FHA mortgage r...
FHA Streamline Refinance changes are Coming for Orange County, CA
Big changes are coming to the FHA Streamline Refinance program that will affect Orange County, CA home owners ability to take advantage of the program. the changes are set to take effect. According to the newly issued Mortgagee Letter 2009-32, these ...
Housing America Down Payment in Yuma, Somerton and San Luis Arizona
Yes there is still down payment assistance in Arizona. For those that qualify, the MCC or Mortgage Credit Certificate is still available in Arizona. The MCC program through Housing America works out to be a silent 2nd mortgage that gives 5% of th...
22 FHA Qualified Buyers Need Homes in Riverside County CA
I know, it sounds like a “Help Wanted” ad, but seriously, in this market where supposedly there is a multitude of homes available, I have 22 FHA qualified home buyers in Riverside County CA that are unable to retrieve an accepted offer on...
Alert: $8000 First Time Home Buyer Tax Credit is About to Expire – Texas
Most of you know that the $8000 first time home buyer tax credit will expire November 30, 2009. What many may not know is what this means if you are currently in the market to buy a new home in Texas. Now more than ever you need to have an understand...
Your Way Home ARIZONA 22% Down!!!
Yes, you can buy a bank owned foreclosure and the State of Arizona may give you 22% towards your down payment. This program has many qualifying criteria so right up front make sure you work with your lender to confirm you qualify, but the work is ...
First Time Home Buyer Tax Credit Set to Expire for Harleysville and Montgomery County, PA Buyers
Most people know that the first time home buyer tax credit will expire November 30, 2009. What many people don’t know is what that means to them if they are in the market to buy a home. Now more than ever you need to have an understanding of the ...
FHA Streamline Refinance Program Continues to Roll in Orange County
The FHA Streamline Refinance program has been very popular in Orange County in 2009. Interest rates have been low relative to 2008 for most of the year, allowing people who bought their homes only 1 year ago or less to drop their interest rate any wh...
From Drab Home to Fab Home
The FHA 203k Rehab Loan in Texas allows you to truly make your home your home. Everyone has different tastes in decor and what could be better than to move into a fully customized home?? Furthermore, with all the foreclosures on the market there ma...
FHA is a Great Program for Orange County Move-Up Homebuyers
Orange County move up homebuyers are finding out that FHA is a great program for helping them buy a new home. Current Orange County homeowners are learning quickly the advantages that FHA has over Conventional financing, mainly the low down payment ...
Tucson-FHA-Loans now has the FHA Mortgage Calculator
We’ve added a new Tucson FHA Mortgage Loan Calculator that allows you to make the following calculations: Calculate your FHA Mortgage Loan payment Calculate if you Should Refinance Your FHA Mortgage Loan Calculate your FHA Mortgage Principal C...
Tucson Arizona FHA Mortgage Loan Tip – MUST know when buying vacant real estate in AZ
Tucson FHA Mortgage Loan Tip There is an abundance of Arizona Bank Owned REO property on the Tucson MLS. Anybody planning on buying a home in Arizona using a Tucson FHA Mortgage Loan must know the following tip. A vacant Bank Owned or REO propert...
Credit Myth 2: Information Every First Time and FHA Home Buyer in Montgomery County Pennsylvania Needs to Know About Their Credit
If you are a first time home buyer in Montgomery County Pennsylvania you should know that your credit score will have a significant impact on your ability to qualify for a loan – especially for FHA mortgages. Although most buyers are awar...
Experienced California FHA, USDA, VA Home Loan Mortgage Expert – Brad Yzermans
Brad Yzermans – FHA , USDA, VA Home Loan Mortgage Expert First Priority Financial DRE License #01810137 (951) 332-7864 ...
St. Louis Mo First Time Home Buyers are reaping the benefits of FHA Mortgages
Why It May Be A Great Time To Buy a Home in St. Louis First Time Home Buyers in St. Louis, St. Louis County, St. Charles Missouri and the surrounding areas are experiencing an opportunity not seen in these parts for well over a decade, and all becau...
FHA Mortgage Credit Tips for the First Time Homebuyer Buying in Arizona
First Time Home Buyers are experiencing an opportunity like never before. And HUD’s FHA Mortgage Loan is the primary financing tool for the majority of First Time Home Buyers in Arizona. Today’s Arizona Real Estate market has many deep d...
Do I qualify for the $8000 First Time Homebuyer Tax Credit
Do you qualify for the $8000 First Time Homebuyer Tax Credit in Utah? It is not hard to qualify for the $8000 tax credit, but there are some things that you need to be aware of: 1. The purchase must be made between Jan. 1st, 2009 and Dec. 1st, 2009. ...
