USDA Loans ARRA Refinance Funds NOW Available! The USDA released a Notice of Funding Availability for USDA Loans Refinance Assistance under the American Recovery and Reinvestment Act of 2009. USDA Loans Refinancing by using ARRA funds is more restrictive than typical USDA Loans
Continue reading...Monday, November 23, 2009
Would a webinar for my Oregon readers to discuss the Home Buyer Tax Credit is a good idea. I have chosen this method of delivery so that people will have a chance to ask questions in a real time on line manner. The webinar would be informational in scope with a presentation of the program guidelines and a question and answer session at the end of the presentation
Continue reading...Sunday, November 22, 2009
Idaho Home owners are facing declining house prices. With falling housing prices it is hard to refinance a home mortgage and take advantage of the great interest rates available. The problem home owners have with refinancing when housing prices have fallen is that many home owners are upside down in there home.
Continue reading...Friday, November 20, 2009
Announcing Two New Assistance Programs for Grand Prairie and Rockwall Counties City of Grand Prairie  The Foreclosed Home Purchase Assistance Grant Program (FHPAG) assists qualified low, moderate and middle-income families to purchase foreclosed homes in Grand Prairie. The Program is administered through the city of Grand Prairie Housing and Neighborhood Services Department
Continue reading...Wednesday, November 18, 2009
Did you know that it’s possible to finance a mobile home or manufactured home with an FHA loan? If you’re in the real estate industry, you probably did but if you’re reading this as a consumer you probably did not know that! Mobile homes are generally much lower cost than convention stick-built construction and the FHA realizes that this affordable housing option is an important demographic to hit.
Continue reading...Monday, November 9, 2009
Yes, it is true. $1000 down is all you may need to purchase a Falls Ranch home in Yuma, Arizona.
Continue reading...Monday, November 9, 2009
This question was posted in the Mortgage Question section and I thought I would take the time to answer it. I have the following question
Continue reading...Friday, October 30, 2009
Been told by your potential lender that you don’t have enough trade lines or that your scores are too low? Having credit scores above 620 and having at least three active trade lines are important parts of obtaining a mortgage loan. Below are some ways to build credit and develop good trade lines. Secured credit cards are an optimum way to start rebuilding your credit scores. You want a minimum of two credit cards and/or secured credit cards
Continue reading...Friday, October 30, 2009
The House of Representatives voted unanimously Monday (10/13/09) to extend the deadline for the $8000 first time home buyer tax credit . Currently this legislation only applies to Veterans but there is a proposal to extend this tax credit for everyone.
Continue reading...Friday, October 30, 2009
Homebuyers looking to purchase a home in Rhode Island, may soon be able to take advantage of an extended tax credit, and it may not be just for first-time homebuyers. The National Association of Mortgage Brokers (NAMB) continues to monitor legisilation for the $8,000 first-time homebuyer tax credit, which is anticipated to be extended until April 30, 2010. The Obama Administration has urged Congress to pass legislation to extend the program from its original November 30, 2009 deadline. In addition, legislation may provide a $6,500 tax credit for some current homeowners but has not been finalized and should be voted on next week. “We welcome efforts taken by Congress to extend the first-time homebuyers tax credit for a limited period,” said Treasury Secretary Tim Geithner and U.S.
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Tuesday, November 24, 2009
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