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Too Hot to miss...Want the latest Buzz on FHA Streamline Refinancing? |
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Written by Administrator
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Monday, 14 September 2009 11:09 |
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That's right, weather you currently have an FHA loan, or Conventional we can definitely refinance your home with streamlined precision. In fact, if you currently have an FHA loan we can refinance your home with a significant reduction in paperwork as there is no need to Finanically re-qualify for the home, and in some cases we will not even require a new appraisal on the home. The program allows for 1 mortgage late in the past 12 months and no lates may have occured in the most recent 3 months prior to applying with our firm. On time is defined as not being >30 days late on any given payment within the past 12 months. If you meet the aforementioned condition and currently have an FHA loan you qualify. Credit scores must now be at least 620 or >. Click "read below" to learn more about this great opportunity.
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Last Updated ( Tuesday, 17 November 2009 20:00 )
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FHA $100 HUD REPO PROGRAM |
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Written by Administrator
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Wednesday, 30 September 2009 14:55 |
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FHA and other Government sponsored entities (GSE's) are making owning a home more and more affordable every day. The latest program allows for potential homeowner to become a new home owner with as little as $100.00 out of pocket instead of the standard 3.5% down. See example below:
Standard FHA loan requires 3.5% as a minimum down payment
$100,000 Sales Price
$3,500 down payment = or 3.5%
Loan amount = $96,500
5.75% Interest Rate
*Monthly Principal and interest payment $563.15
*excludes taxes and insurance
FHA $100 HUD Repo Program
100,000 Sales Price
$100 down payment
Loan amount = $99,900
5.75% Interest Rate
*Monthly Principal and Interest payment $582.99
*excludes taxes and insurance
Click "Read More" below to learn more
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Last Updated ( Wednesday, 30 September 2009 18:01 )
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DO Refi Plus One of this Years Hotest Mtg Products |
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Written by Administrator
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Tuesday, 15 September 2009 15:01 |
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This product may very well be just what your looking for. As of late the Obama administration and Fannie Mae/ Freddie Mac have put together some pretty aggressive loan programs to help responsible home owners whom have previously been turned down on refinancing their homes due to deteriorating property values, or limited availability of mortgage insurance. This program will allow for one mortgage late to have occurred in the past year but no more than such. The goal of this program is to provide refi opportunities to responsible homeowners. want to learn more... Click "Read More" below
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Last Updated ( Tuesday, 15 September 2009 15:50 )
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