Mini Mortgage Questionaire
Posts By Jonas Kruckeberg
Is it really possible for a California first time home buyer with under 620 credit score to obtain a FHA loan? Most people would disagree. The Jonas Kruckeberg Team fights day in and day out for clients to obtain their dream of homeownership, so to all the naysayers let this be a demonstration that it [...]
Temecula & Murrieta, California - 951-506-4663
Yesterday, Marc Savitt, president of the National Association of Mortgage Brokers (NAMB) released a Call to Action for all Mortgage Brokers, Real Estate Agents, Appraisers, Lenders, Home Builders, Title/Escrow Agents and Consumers.
In order for this “Call to Action” to be effective, I ask that you fully participate, encourage others to join the action [...]
Temecula & Murrieta, California - 951-506-4663
The Home Valuation Code of Conduct (HVCC) is already having a negative impact on California real estate and mortgage transactions.
This recent article in the LA Times tells a better story about how HVCC is hurting mortgage brokers, real estate agents, appraisers, and consumers.
Your voice needs to be heard – please take the time to sign [...]
Temecula & Murrieta, California - 951-506-4663
The updated 8000 Tax Credit Guidelines for California First Time Home Buyers has been released by HUD for FHA loans as of May 29, 2009. Although the credit may not be used for the minimum down payment of 3.5%, it may be used for buying interest rate down, closing costs and/or additional down payment.
Here are [...]
Temecula & Murrieta, California - 951-506-4663
It’s not official yet, but FHA is working on allowing California First Time Home Buyers to use the $8000 tax credit for a down payment on a home in Riverside County including Temecula and Murrieta.
The Secretary of HUD released a mortgagee letter 2009-15 on Monday, May 11, 2009, that provided very little detail in the [...]
Temecula & Murrieta, California - 951-506-4663
FHA Streamline Refinances in Temecula and Murrieta California are in high demand since this program is used to lower interest rates with relatively low costs. There is much confusion on the term “streamline” as some borrowers think there are no costs. It simply means there is very little documentation and underwriting that needs to be performed [...]
Temecula & Murrieta, California - 951-506-4663
How Can I Obtain an $8000 Tax Credit in California?
First, follow these 9 Easy Steps to buying a California Foreclosure, the same steps apply with a Temecula or Murrieta seller listed home or a Temecula or Murrieta For Sale by Owner
Second, see Form 5405 and read pages 2-3 for instructions
Third, consult your Temecula or Murrieta [...]
Temecula & Murrieta, California - 951-506-4663
You are most likely asking yourself, “FHA Loans have new limits in California for 2009? I’ve heard this before.” Yes, you are correct. You have heard this before. California FHA Loan Limits were updated in late 2008 to take effect on January 1, 2009. FHA Loan Limits were decreased in [...]
Temecula & Murrieta, California - 951-506-4663
This is typically the first question our Temecula and Murrieta Mortgage clients ask when applying for a new home loan – how can I buy California Foreclosures?
If you were to type “California Foreclosures” in a search engine, the top results generally turn up Real Estate Agent and mortgage lead sellers.
Even though speaking to multiple people [...]
Temecula & Murrieta, California - 951-506-4663
Welcome To My FHA Blog
Search For Lenders
Recent Contributors
