One of the best products that not many people know about is a rehabilitation loan. The program code is 203k so that is what I will refer to it as in this post. The loan is a FHA loan. The process of qualifying for this loan...
I CAN'T PUT 20% DOWN. WHAT ARE MY OPTIONS?You have a great job and make plenty of money to make your monthly payments but don't want to put all of your savings into your down payment? There are still options for...
1. Take stock of your situation ?What are your short-term goals??What are your long-term goals??How long to you plan to live in the area you are thinking about??How long is your family going to be the same size or...
HARP 2.0 IS LIVE AND WORKING FOR HOMEOWNERS The governments Home Affordable Refinance Program has been out and has been used by many for the past couple months. Many of the people I have spoken to leading up to this program...
So, you keep seeing on the news mortgage rates are at all time lows. Then the next story you see is how the housing market has seen its bottom point. After watching the news you sit down at the computer and start thinking " I...
Non Occupying Co Borrowers Have you tried purchasing a home in the last couple of years and been declined because you didn't have sufficient income? There may be a way to fix this! FHA allows for buyers to use a...
Did you buy your house in 2009 or earlier? Love your house and feel like there is nothing you can do because you are "underwater"? Finally, there might be something you can do! Thanks to HARP 2.0, the program that Fannie Mae...