There will be a Free Delaware First Time Home Buyer Seminar on Saturday August 7, 2010 at 10:00 AM. The seminar will last about 2 hours and each participate will be able to recieve a free copy of their tri-merge credit report. The seminar will cover all of the basics of buying a new home in [...]
How can an FHA loan be a jumbo?
A little history lesson may help you understand. In 1965 the Department of Housing and Urban Development (HUD) was formed. Within HUD operates the Federal Housing Administration (FHA), which has the primary responsibility for administering the government home loan insurance program. This program allows a first time home [...]
But Were Afraid to Ask!
You may have heard that building up equity in your home can be a valuable asset. But how can staring at your walls help you take that long needed vacation, send your child to college, or pay your bills? The answer, refinancing.
FHA offers several different options to homeowners who [...]
FHA home loans are among the easiest loans to qualify for. Instituted during the depression era of the 1930s, the Federal Housing Association since has helped tens of thousands of Americans to buy their first home, or move-up home, with a small down payment and very favorable rates and terms.
However, FHA loans are a [...]
The California USDA Guaranteed Rural Development Home Mortgage Loan is a flexible no down payment government insured program that is growing in popularity. It’s designed to promote homeownership to residents in Riverside, San Bernardino, San Diego County and cities of Corona, Temecula, Menifee, Murrieta, Sun City, Wildomar, Winchester, French Valley, Homeland, Romoland, San Diego County with low to moderate incomes and who [...]
Jumbo mortgage rates have touched lows not seen since 2003. Refinance your jumbo loan to save money on your monthly mortgage payment.
If you currently have a Delaware VA Loan with an interest rate of 5.5% or more than you need to refinance now to an all time low rate!! Rates have hit all time low and Veteran Loans have special refinance option that allows you to just reduce your interest in a streamlined fashion. The loan [...]
Whether you are a buy and hold investor or a fix and flip and investor the deals are there. However, the problem for most investors isn’t lack of deals, its lack of FUNDS. Many of these dilapidated properties are not eligible for traditional financing and sit waiting for an investor ready to adopt the poor orphan with cash or with ridiculously expensive hard money financing. Believe it or not, you have ANOTHER option. Enter the Fannie Mae Homestyle Renovation Loan!
