2009 June | FHA Mortgage Blog

Down Payment and FHA Mortgages in St. Louis

On June 29, 2009, in FHA Mortgage, by Bob Rutledge

The questions I receive the most often from First Time Home Buyers in and around the St. Louis area is regarding the FHA required 3.5% down payment. In many instances the First Time Home Buyers I am working with either barely have that much saved up or they don’t have anything saved up for a down payment, [...]

Written by: Bob Rutledge |

St. Louis and St. Charles and all surrounding areas, Missouri - 314-874-0371 x 3103

Credit Myth 1: Information Every First Time and FHA Home Buyer in Montgomery County Pennsylvania Needs to Know About Their Credit

On June 27, 2009, in FHA Mortgage, by Jason Klaskin

If you are a first time home buyer in Montgomery County Pennsylvania you should know that your credit score will have a significant impact on your ability to qualify for a loan – especially for FHA mortgages. Although most buyers are aware of this fact, many are unaware that some of the actions they take when trying to improve [...]

Written by: Jason Klaskin |

Montgomery County, Pennsylvania - 215-513-1332

Down-Payment Assistance Program – Texas

On June 26, 2009, in FHA Mortgage, by Leesa Sandoval

This program allows a first time home buyer in Texas to monetize the $8000 tax credit and apply it to their down-payment and closing costs.

Written by: Leesa Sandoval |

Dallas, Texas - 972-407-7922

FHA Is The Best Way for Orange County First Time Buyers to Purchase a Home

On June 24, 2009, in FHA Mortgage, by Tim Storm

Orange County first time home buyers are finding out quickly that FHA is one the best ways to purchase a home. FHA allows for only a 3.5% down payment, and it can come from a gift, your 401K, or money already in the bank. Qualifying is not that difficult.
Why is an FHA loan better than [...]

Written by: Tim Storm |

Orange County, California - 877.786.4243 x 7

Getting Your FHA 203K Closed — Tips for Realtors

On June 23, 2009, in Featured, by Reno Loan Expert

FHA 203K loans require a little more coordination than a traditional loan would. In order to ensure we have a closing that is as smooth as possible and on TIME I have created this post to guide you Realtors on how you can us assist us AND your clients in getting our FHA 203K [...]

Written by: Reno Loan Expert |

Atlanta, Georgia - 404-939-0622

Home buyers in Rhode Island may be able to get up to $15,000 in tax credit.

On June 22, 2009, in FHA Mortgage, by Lynda Mckenzie

Recent news suggests that law makers are calling for the expansion of the tax credit for first-time home buyers to help increase home sales in Rhode Island and other states extended through 2010.
The current $8,000 tax credit is being offered to first-time home buyers who purchase a home between January 1, 2009 and December 1, [...]

Written by: Lynda Mckenzie |

All of Rhode Island, Rhode Island - 401-524-9796

Colorado USDA Rural Development Loans Perfect in Helping Homebuyers Finance 100% of Purchase Price!

On June 22, 2009, in FHA Mortgage, by estephen

USDA Rural Development Loans – -
Finance 100% of the Purchase Price
Unlimited Seller Concessions & paid closing costs
No seasoning on BK or Foreclosures with 620 Mid Score

Written by: estephen |

Longmont, Colorado - 720-217-2200

Why Won’t Sellers Accept My California FHA Offer?

On June 22, 2009, in FHA Mortgage, by Brian Wiesner

Short answer: it’s either ignorance on the seller’s part, or the property cannot pass the FHA inspection that is required. Whether it’s Claremont, Glendora, Pasadena, Bakersfield, or Pomona, the property must meet minimum FHA standards.
Long answer: Lately, FHA loans are harder to finish and close. There is a set of FHA rules. In addition to [...]