BT Online Bureau    Mumbai  January 24, 2012    Home loans are set to become cheaper as the Reserve Bank of India on Tuesday lowered the Cash Reserve Ratio (CRR) by half-a-percentage point but kept …
Continue reading...Tuesday, January 24, 2012
… Online Bureau      January 24, 2012    Reserve Bank of India Governor D. Subbarao RBI in a relief to home loan buyers has cut the cash reserve ratio (CRR) by 50 bps in its quarterly monetary policy review on …
Continue reading...Monday, January 16, 2012
It's FAFSA season again, and thanks to FAFSAOnline.com, we're providing students and families with a downloadable FAFSA Help Guide to the online form.
Continue reading...Wednesday, January 4, 2012
… it tries to recover losses on home loans made by the bank's … only show Countrywide made misrepresentations about the loans backing the bonds, instead of having … significantly impact" the potential costs from loans made before the collapse of the U. …
Continue reading...Wednesday, January 4, 2012
… inventories. T he real trouble now seems to be with larger banking exposures in areas other than home loans . In June, we acquired the online motor auction platform, DealersOnline, and despite a turnover of R180m in the …
Continue reading...Monday, October 24, 2011
BT Online Bureau    Mumbai  October 24, 2011    Home loans are set to go up again as Reserve Bank of India (RBI) is widely expected to raise interest rates once again in its mid-year monetary policy …
Continue reading...Friday, February 26, 2010
Hey guys and gals – this is a friendly reminder that you likely have a week or two left to file your FAFSA to receive maximum aid from both the government and your chosen school. For a more accurate date, head over to your school’s financial aid department either online and/or in person, and ask
Continue reading...Thursday, November 12, 2009
First time home buyers rejoice!!!! Congress has officially extended the deadline for the $8,000 first time home buyer tax credit to April 30, 2010.  Under the extension, the deadline of April 30 refers to the contract date. This means that the 1st time buyer must have a sales contract on a house by April 30 2010 to be eligible, but he/she has an additional 60 days to close the purchase. This means that New Jersey first time home buyers have until June 30th, 2010 to close on their new homes to be eligible for the $8,000 first time buyer break – great news!!! Who is eligible for the $8,000 credit? First-time home buyers and those who have not owned a primary residence in the last three years prior to the purchase. Do income limits apply? Yes – and the income thresholds have increased from the last bill. The full amount of the credit is available to married couples who make up $250,000 per year (adjusted annual gross income) and single filers who make up to $125,000. See the official IRS website for more detail. ________________________________________________________________________________ FREE Home Buying Guide Reveals Insider Tips… Click Here To Get Your Copy Today! ________________________________________________________________________________ Please contact us at 201-943-6800 to schedule your FREE No-Obligation Consultation where we will meet to tailor a program to fit your needs and comfort level for monthly payments and investments.
Continue reading...Tuesday, November 10, 2009
Is the phrase “ FHA Jumbo Loan ” an oxymoron? In order to answer that question, you have to understand the history of FHA loans. In 1965 the Department of Housing and Urban Development (HUD) was formed. Within HUD operates the Federal Housing Administration (FHA), which has the primary responsibility for administering the government home loan insurance program. This program allows a first time home buyer who might otherwise not qualify for a home loan to obtain one because the risk is removed from the lender by FHA who insures the loan for the lender. So why would someone who has less than a perfect credit history think he/she could qualify for a jumbo loan
Continue reading...Tuesday, November 10, 2009
Los Angeles County FHA loan limits allow for a total loan amount of $742,520 with the up front mortgage insurance premium financed into the loan. I closed a $950,000 purchase last week with this loan amount for a first-time buyer . The FHA rates were lower than the High Balance Conforming rates and the buyer was allowed to get FHA gift money from his brother.
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Tuesday, January 24, 2012
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