Let’s Get Ready To Rumble!
Qualifying Standards
Generally, it is easier to qualify for an FHA than a conventional loan. The guidelines are not as strict regarding past bankruptcies and foreclosures . Also, FHA loans generally allow higher debt to income ratios and will approve people with a minimum credit score of about 620.
Round 1 – FHA
Down Payment Amounts
Generally a [...]
There will be a Free Delaware First Time Home Buyer Seminar on Saturday March 20, 2010 at 10:00 AM and again at 1:00 PM. 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 [...]
Is your property eligible?
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Time is running out for Rhode Island Home Buyers to take advantage of the 2010 Tax Credit.
The Fed doesn’t control interest rates but they can tell us what to expect. We at VALoansMN are watching the Fed very closely for a signal rates are going up on VA Loans in Minnesota and nationwide.
As of February 1, 2010, FHA has waived their anti-flipping rule. This was done to “help facilitate the return of repaired and habitable properties on the market in a timely fashion”.
Private Sellers and Investors can now sell their properties to FHA buyers without having to wait 90 days.
Buyers in Cedar City UT have rediscovered the benefits of the FHA mortgage.
Worried about financing an FHA Home Loan and then losing your job? My loans now include involuntary unemployment coverage that will make the house payment of up to $1,500 per month. If you should be unemployed through no fault of your own, the program will make the house payment directly to the mortgage holder for our clients in Eugene/Springfield and Lane County Oregon.
