Changes Coming To FHA Streamline Program
October 25, 2009 by Jeff Thomas · Leave a Comment
Changes to FHA streamline program are not for the ease of the consumer. And the changes are not for the better. In fact, most FHA loan holders will not like the changes. The US Dept of HUD recently announced that it will be making new revisions to FHA streamline refinance guidelines. Effective November 17, 2009, [...]
FHA Streamlined 203(K)Loan
October 23, 2009 by Jeff Thomas · Leave a Comment
If you’ve been passing up on buying a home because of the expense of anticipated cosmetic repairs, you’re missing out on a great opportunity. Sure, it used to be that if you bought a home and then applied for a home equity loan to pay for repairs, the result would be two separate loans (or [...]
The Race for Equity
October 16, 2009 by Jeff Thomas · Leave a Comment
Choosing the Right Loan Program Those who take property ownership seriously often look for options to build equity at a faster pace. An aggressive approach is to select a 15-year loan program over a 30-year mortgage. A 15-year loan works well for home buyers budgeting time and money, those who are possibly looking forward to [...]