Tag Archive | "buyers"
California FHA Loans: Is the Minimum FICO score Now 620 or 640?
Over the last two weeks, I have been getting emails from banks who lend in California stating their minimum FICO score is going up from 620 to 640. I even received a call from another Loan Officer asking for help because his buyers score dropped to 637 and he can only offer loans to 640
Continue reading...Idaho First-Time Home Buyer Mortgage Loans
Wednesday, September 22, 2010
Idaho First-Time Home Buyer Mortgage Loans.
Continue reading...Reduced FHA Upfront Mortgage Insurance for Bay Area First Time Home Buyers
Friday, August 6, 2010
FHA today announced reduction in upfront Mortgage Insurance Premium (UFMIP) for SF Bay Area First Time Home Buyers and FHA Streamline Refinance on Bay Area homes. A change that has been prompted by passage of H.R. 5981 in the congress, will reduce the upfront mortgage insurance premium to 1% from the current 2.25%.
Continue reading...New Jersey Homebuyer Tax Credit Deadline Approaching
Wednesday, April 21, 2010
An eligible New Jersey homebuyer may request from the IRS a tax credit of up to $8,000 or 10% of the purchase price for a home for First Time Home Buyers or up to $6500 for repeat buyers.
Continue reading...Oregon VA Guaranteed Home Loan FAQs – Part 1
Tuesday, March 23, 2010
In conjunction with my six part series on my FHA Blog about FHA Frequently Asked Questions for First Time Home Buyers this is the same information from VA. This is four part series because Veterans don’t ask as many questions. This is part 1 of the series: Q: How do I apply for a VA
Continue reading...Good News for Orange County, CA Condo Buyers – FHA Spot Approval Program Extended to December 7, 2009
Friday, October 23, 2009
For First Time Buyers, purchasing a Condo in Orange County is not the easiest thing these days, but for at least a another month, FHA has issued a bit of a reprieve for condo shoppers. Back on June 12, FHA Mortgagee Letter 2009-19 was released, providing guidance for the new condo approval process. Details within the Mortagee Letter were somewhat vague, and some panic was created as a result.
Continue reading...FHA Mortgage Credit Tips for the First Time Homebuyer Buying in Arizona
Monday, July 27, 2009
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 .
Continue reading...Thanks to the FHA Mortgage in Montgomery County, Pennsylvania the Housing Market is Picking Up!
Tuesday, July 14, 2009
 Did I hear correctly?
Continue reading...FAQ-$8,000 Tax Credit and NJ First Time Home Buyers
Tuesday, May 19, 2009
New Jersey First Time Home Buyers Frequently Asked Questions about the $8,000 Tax Credit. Q: Who is Eligible for the Credit? A:  The $8,000 Tax Credit is available for First Time Home Buyers only. The law defines “First Time Home Buyer” as a person who has not owned a principal residence during the three -year period prior to the purchase. Q: Are there payback provisions?
Continue reading...First Time Home Buyers in Royal Oak, MI use FHA Loans to Get Great Deals
Monday, May 18, 2009
If you’re a first time home buyer in Royal Oak, MI, you need to know about the benefits of using FHA mortgage loans to get great deals on homes. Even though getting approved for your first home loan can be a challenge, FHA has remained the loan of choice for first time homebuyers in Michigan.
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Friday, October 1, 2010
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