FHA Mortgage loans for Condos and Town homes Eligible FHA mortgage Applicants: Any creditworthy potential owner-occupant who meets FHA home loan underwriting criteria and will make the condominium unit their principal residence is eligible for a mortgage insured under this program. Florida home buyers should know the many advantages of the FHA mortgage loan programs. [...]
Archive for May 2010
If you’re considering a loan, there are a few options available to you. Whether you have great credit, bad credit, or no credit history at all, there is probably a loan out there that will suit you. Getting a loan used to be a long drawn out process at your bank with tons of forms [...]
Mortgage rates keep inching back to near record low WASHINGTON – Turmoil in the stock market and the European debt crisis are making life easier for American homebuyers and families looking to refinance: Mortgage rates are inching closer to a record low. Read more on News Chief
At valoantrust.com we specialize in VA Loan requirements. These are loans for military personnel. Va Fixed Rates are below 5%. We will also help you with your VA Certificate. Don’t wait !
My realtor said that there is a good chance buyers for my house will get an FHA loan. I have heard that these loans can take considerably longer than conventional loans and the inspections are nit-picky and hard to pass. However, she also said that things aren’t as bad as they were in the past. [...]
I heard that the housing market being low in sales and with the forclousure market crashing, it is affecting investors so much that they are moving money out of equities (stocks) and investing more in safer investments. Thats why the stock market has been down so much in the past week. How does this happen? [...]
I currently work in a distribution center, and i have a bachelors in economics and psychology. I am interested in becoming a mortgage loan officer so i took a 24 credit hour course in residential mortgage lending but unfortunately i haven’t been able to find a job because i do not have any mortgage or [...]
CalSTRS Standard Conventional loan programs can be used for purchases with down payment, cash out and rate and term refinances
Maximum Purchase Price At the time of this writing, the maximum purchase price for conforming conventional loan ranges from $417,000 to $729,000. This amount is updated yearly and is dependent upon the county in which the home is located. Any loan above that amount is considered a jumbo or non-comforming conventional loan. The maximum purchase [...]
I am in need of help with my mortgage. I tried getting help from my bank (Citimortgage) but they tell me that because I have an fha home loan I do not qualify for any help through the Obama program. Is there any help out there for homeowners with fha loans?