It is official. The bill HR 5981 has been passed and made into law. But what exactly does that mean to people in the process of LOOKING for a home? My hope is that these points will clarify any and all of your questions:
First the great news. If you are currently looking at an FHA [...]
Many homeowners’, however, also have some renovation needs they’d like to take care of as well. However, due to lower loan to value’s and declining property values they don’t think they have the room pull the cash out and go to work. Stand corrected homeowners! Intro the FHA 203K for refinance!
We have been urging our Minesota and North Dakota Veterans to make a decision soon…What’s happening in Washington will make VA loan rate increases impossible to avoid.
Excuse me home builders, but your bad news may be good news for Minnesota homeowners and VA loan seekers…We at VALoansMN believe this bloated supply of homes for sale and our historic low VA loan rates is presenting an opportunity that could be characterized as “once in a lifetime”.
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.
Was Taylor Bean and Whitaker the lender on your new FHA, VA or USDA loan last year? If so, it is possible the Form 1098 you received from the current servicer does not list all of the interest you paid last year. Taylor Bean and Whitaker was closed last year by HUD for discrepancies in [...]
An FHA HECM Reverse Mortgage can be an excellent choice for Senior Citizens in Oregon. According to a 4 year old survey by AARP, the top five reasons are:
We hope for the sake of Minnesota veterans seeking to refinance or purchase a home with a VA Loan that the headline “Borrowers Pass Up Mortgage Windfall”…is inaccurate. We may not be doing a sufficient job of convincing our veterans that now be a waning time to buy or refinance using your VA loan at these historic rates.
FHA has a way of helping Senior Citizens tap the equity in their homes. This is an Oregon Reverse Mortgage. An Oregon Reverse Mortgage is a way for Seniors to save their home from foreclosure or to make their golden years golden. Check out these FAQ (frequently asked questions) from FHA.

