In Texas, if you currently own a home with Conventional financing and wish to refinance using your VA eligibility you might be eligible. First and foremost you must be an eligible veteran or member of the armed services.
Continue reading...Wednesday, April 6, 2011
A real estate agent asked my opinion about how a federal government shut down might affect FHA mortgages and VA Home loans. Bear in mind that my answer to ger is my opinion only: VA home loans are insured by the Veterans Adminsitration which receives its annual appropriation in advance. As such, most veterans services,
Continue reading...Friday, March 11, 2011
FHA homebuyers in Los Angeles County, Orange County and San Bernardino County misunderstand FHA vs. FannieMae home loans. Here are the truths about both types of mortgages. There are no first-time buyer requirements. You can do as many of them as you can qualify for in your lifetime, there is no limit. There must be a downpayment
Continue reading...Wednesday, February 16, 2011
Debbie Rumsey, a REALTOR in Encinitas, CA commented that buyers with VA home loans face increased scrutiny from sellers and their agents, on an article I wrote about VA condo complex approvals: Thanks Brian! I have bookmarked this for a place to refer back to when using VA loans. The hardest part so far seems
Continue reading...Friday, October 29, 2010
5 things to know about Maine FHA home loans 1. Less-than-perfect credit is OK The FHA doesn’t mandate a minimum credit score. Each borrower’s creditworthiness is considered in context
Continue reading...Monday, October 25, 2010
It is time to abolish all but one of our government loan guaranty programs.... The Veterans Administration program of making affordable and well regulated home loans to this special class of citizens should continue.
Continue reading...Friday, July 23, 2010
FHA home loans are among the easiest loans to qualify for. Instituted during the depression era of the 1930s, the Federal Housing Association since has helped tens of thousands of Americans to buy their first home, or move-up home, with a small down payment and very favorable rates and terms. However, FHA loans are a
Continue reading...Saturday, June 5, 2010
In May Fannie Mae, the largest purchaser of home loans, announced a new requirement prior to the funding of a Mortgage. This was published on Mortgage News Daily on May 10th
Continue reading...Friday, March 19, 2010
Is the USDA BROKE? Last week the USDA’s national office in D.C.
Continue reading...Friday, March 19, 2010
Is the USDA BROKE? Last week the USDA’s national office in D.C. provided a statement that they believe that the funds for USDA Rural Home Loans will be OUT by the end of April.
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Tuesday, May 10, 2011
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