We all know what great sacrafices the members of our U.S. military make each day.  Missing out on the first-time home buyer tax credit should not be one of them.  Thankfully, Congress has acknowledged the unique circumstances affecting qualified service … Read More

While FHA has been hogging all the headlines (no pun intended) another little known loan program has been gaining in popularity.  For over 60 years, the USDA (Unites States Department of Agriculture) has been guaranteeing loans for farms and rural … Read More

There is a little known and under utilized home loan available in New Jersey and across the country. This loan provides 100% Financing! You read it right…..100% financing…..and no Mortgage Insurance! WHAT ARE THE SPECIAL ADVANTAGES OF THE LOAN? * … Read More

Housing and Urban Development (HUD) regulators are always trying to make things better and more transparent for borrowers. This time they have made some major changes in the Good Faith Estimate, a backbone of the mortgage industry. These changes will be taking … Read More

Maryland FHA responds to Short Sales and here are the 5 things you need to know. Changes are effective immediately.    Maryland borrowers ARE eligible for new FHA financing if they are 0X30  on the mortgage in the last 12 … Read More

FHA delays HVCC implementation for San Jose Home Loans until February 15, 2010. This was originally planned for a January 1, 2010 implementation. But, FHA announced today that the enactment of Appraiser Independence has been delayed. The new rule by FHA prohibits … Read More

One of the biggest challenges most Virginia first-time home buyers face is coming up with their down payment. An FHA loan exists in Virginia that can help stretch your home buying and down payment dollars.   It allows for a $0 … Read More

Ok, so the home buyer tax credit was recently revised and extended through April 30, 2010.  And this time it includes extra provisions to allow repeat home buyers to benefit as well as first-time home buyers.  Let’s breakdown the most … Read More

Ok, so the home buyer tax credit was recently revised and extended through April 30, 2010.  And this time it includes extra provisions to allow repeat home buyers to benefit as well as first-time home buyers.  Let’s breakdown the most … Read More

There are some possible upcoming changes that may affect Portland, Oregon home buyers looking for FHA financing. With capital reserves falling below acceptable levels , FHA is now considering a variety of ways to address the growing issue. I put … Read More