Mini Mortgage Questionaire
Posts By Jonas Kruckeberg
Only 50 days remain for a California home buyer to obtain a purchase contract to qualify for the $8000 tax credit.
Mark your calendars for April 30th, 2010 as the last day to have your offer accepted on a home. You would then have 60 days to complete the transaction, June 30th, 2010, to remain [...]
Guaranteed USDA Home Loans are thriving in Riverside County, California. In cities like, Murrieta, Menifee, Sun City and even parts of Temecula, home buyers are benefiting from this fantastic loan program.
It’s too good to be true. It’s not possible to have all of these components in one loan program.
- Anonymous
USDA Home Loan Highlights
100% Financing
No Down [...]
FHA announced yesterday, January 20, 2010 some additional policies:
WASHINGTON – Federal Housing Administration (FHA) Commissioner David Stevens today announced a set of policy changes to strengthen the FHA’s capital reserves, while enabling the agency to continue to fulfill its mission to provide access to homeownership for underserved communities. The changes [...]
Home Buyers, Home Sellers, Home Investors – HUD just gave a nice boost for California FHA insured mortgages. The 90 Day Flip Rule that hindered FHA buyers and certain home sellers from going into contract together has been temporarily waived for 1 year.
Starting February 1, 2010, a home purchased by a LLC, Trust [...]
Has the home buyer tax credit in California been extended?
Well, California’s real estate market did receive another boost from last night’s vote in the Senate. Although it’s not the final vote, it effectively seals the deal on the plan to extend the $8000 first time home buyer credit through April 30th 2010 as well [...]
FHA Streamline Refinance Guidelines for 2010 for California will be new to some, but old to others. Under today’s FHA streamline refinance guidelines, homeowners with FHA loans have the ability to lower their monthly payment when FHA mortgage rates are reduced. Guidelines today allow homeowners to refinance without an appraisal or verify income and assets [...]
I know, it sounds like a “Help Wanted” ad, but seriously, in this market where supposedly there is a multitude of homes available, I have 22 FHA qualified home buyers in Riverside County CA that are unable to retrieve an accepted offer on a purchase contract. Several of these potential home buyers have made upwards [...]
Back by popular demand, here is the next entry into My FHA Success Stories – A California first time home buyer with no credit score obtains a FHA loan approval – truly amazing!
Rocky doesn’t have a FICO score, basically no credit equals no credit score. Initially, Rocky had a loan officer that provided a “pre-approval”, [...]
