ARCHIVED BLOG POSTS
2010
FHA To Raise Mortgage Insurance Premiums & Reduce Closing Costs Home owners and home buyers obtaining FHA loans will soon have to pay increased mortgage insurance fees and have less availability for closing cost assistance on these types of loans. These changes are part of a host of updates that ...
01/20/2010
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FHA To Waive 90 Day Flip Rule In the current marketplace home buyers are prevented from obtaining an FHA loan for the purchase of a home that had been acquired in the past 90 days buy the seller. In essence, a buyer was unable to purchase a flipped property, or one that was bought and sold quickl...
01/20/2010
Delays In Claiming Home Buyer Tax Credit in 2010 If you purchased a home after November 6, 2009 you may be seeing a delay in receiving your homebuyer tax credit from the government. Since last February when Congress approved the tax credit, almost 1.5 million buyers taken advantage of the credit,...
01/15/2010
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New Good Faith Estimate Form For Borrowers With 2010 here now, many new changes are on the horizon in the mortgage market and one is here already right now. The federal government has redesigned some of the initial paperwork lenders give you when you apply for a mortgage, specifically the good fa...
01/05/2010
Rainmaker
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