ARCHIVED BLOG POSTS
2012
In perhaps the first positive news we have received in some time in regard to FHA mortgage insurance, HUD recently announced changes to reduce mortgage insurance costs on certain FHA Streamline refinance transactions. Let’s take a look at what an FHA streamline refinance actually is and what th...
03/18/2012
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While much of the recent news has focused on the new HARP refinance program for borrowers who have conventional mortgages, there are still other programs for homeowners who do not fall into these categories. Specifically, the FHA and VA both have Streamline refinance programs for borrowers. Bot...
03/01/2012
In recent weeks, we have focused on the HARP refinance program as a refinance tool for homeowners who are upside down on their homes. And it is in fact a great program for borrowers who are upside down to refinance and take advantage of today’s historically low interest rates. However, for home...
03/01/2012
HUD recently announced changes to once again raise mortgage insurance for FHA Home Loans starting on April 1, 2012. These latest changes mark yet another increase in the cost for FHA home loans, a trend that started in 2011 with a restructuring of the mortgage insurance premiums for these typ...
03/01/2012
As we have detailed in recent weeks, the HARP refinance program has now been expanded to allow more homeowners the option to refinance and take advantage of historically low interest rates. The program is a government backed initiative to allow borrowers who could previously not refinance, due ...
03/01/2012
Rainmaker
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