California FHA information
Click here for FHA info FHA info
Click here for FHA info FHA info
Good Morning,
Here is the link to our Daily Update Video California Interest rates watch for 2-9-09
The correction I discussed yesterday is underway. Today and Tomorrow are HUGE auction days. The results of the auctions will determine the depth and term of the correction. Great results, could spark a rally and retest the [...]
California Mortgage and Home loan Interest rate watch Video….
California Interest rates watch for 2-8-09
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“What is a FHA or VA mortgage?” — EXT. # 200
How Much Money Do I Need To Buy A Home?– EXT # 202
How Much Are Closing Costs In Buying A Home? — EXT # 203
How does the loan approval process work? — EXT [...]
Hello,
Yesturday there was a release from HUD. FHA loans are changing. After April 5, 2010 the up front mortgage insurance premium (UFMIP) is going up from 1.75% to 2.25%. What does that mean to you, the home buyers. For FHA home loan seekers this means more up front money. But [...]
Pay you loan off as quickly as possible. Time is money. There are lots of tricks to apying off your mortgage fast. I told you one on the last tip, a biweekly mortgage. A $300,000 loan at 7% over 25 years you will have a total repayment of over $640,000. [...]
Hello All, here is tip #2 on your mortgage. Do you want to pay your home off early. Get the lowest possible payment and add to it. You will increase your equity faster.
Did you know that if you paid one (1) extra mortgage payment a year toward principle you will save 7 [...]
So what is the answer? The answer is yes!!! FHA has recently changed is guidelines to say that is a borrower has a short sale they can get an FHA loan. But what is the catch? The catch is that you need to have been current at the time of the [...]
Many people ask why FHA? FHA home loans have become all the rage for borrowers that do not have perfect credit or 10%,15% or 20% down.
Here is what FHA home loans offer:
**Ficos start at 640, this has recently been raised from 620
***FHA will allow 3.5% down payment. This down payment can be [...]