The new Home Valuation Code of Conduct (HVCC) regulations that went into effect on May 1, 2009 will have a significant impact on Las Vegas real estate purchase and mortgage refinance transactions.
HVCC is a new agreement between the Federal Housing Finance Agency (FHFA) and the New York Attorney General’s office to help enhance the integrity [...]
Las Vegas, Nevada - 702-432-5626
With all the craziness going on in the mortgage and housing industry, it’s good to know that Michigan FHA mortgages remain the best option for first time home buyers in Farmington Hills, Michigan.
One of the things that got the mortgage industry in trouble was how banks verified the bank statements for the home buyers…or I [...]
Michigan
With the demise of the seller paid down payment programs last November, and the increase in the FHA down payment requirements from 3% to 3.5%, Alaska first-time home buyers are finding it a little more challenging to find their down payment funds.
What most buyers don’t know is that there are many ways to fund your [...]
Anchorage, Alaska - (907) 261-7655
What is an HECM loan? Often times people hear the term HECM loan and they don’t understand what HECM stands for. HECM stands for Home Equity Conversion Mortgage, also know as an FHA Reverse Mortgage. A HECM is the only Reverse Mortgage insured by the Federal Government.
This loan program is great for individuals age 62 [...]
Boise, Idaho - 208-859-5825
Idaho IHFA & USDA Rural Developement Zero Down Home Loans are two great ways for a home owner to purchase a home with 100% financing.
With the Idaho Housing & Finance association loan (IHFA) in order to qualify for a 100% financing you need to be a first time homebuyer to qualify for the IHFA tax [...]
Boise, Idaho - 208-859-5825
Many people are wondering exactly what it takes to participate in the Arizona FHA streamline program. Here are the highlights and what it takes to qualify.
Phoenix, Arizona - 480.580.1400
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