Posts made in April, 2013

US Mortgage Applications Up 5% Last Week

on Apr 10, 2013 in Unique Loan Programs | Comments Off on US Mortgage Applications Up 5% Last Week

US Mortgage Applications Up 5% Last Week Adjustable-rate mortgages, order price or ARMs, viagra order made up 5% of total activity. The Home Affordable Refinance Program share of refinance applications increased to 30% from the prior week's 28%. The average rate on 30-year fixed-rate mortgages with conforming loan … If you would like more informaiton please visit here… 5 Things Preventing You From Getting a Mortgage Refinance Refinances through the Home Affordable Refinance Program (HARP) topped 1 million in 2012, more than double the year prior. The HARP program helps underwater homeowners with Fannie Mae- and Freddie Mac-backed loans. It's possible for some … For more informaiton please visit here… Coast Hills FCU Reports Members Take to HARP The 50,000-member, $ 689 million Coast Hills Federal Credit Union in Lompoc, Calif., is the latest to report that its members have been refinancing a lot of mortgage loans through the latest version of the government's Home Affordable Refinance Program. If you would like more informaiton please visit here… US Mortgage Applications Up 5% Last...

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Can a home loan be changed later down the line?

on Apr 10, 2013 in Stated Income Loans | 1 comment

by Vietnam Plants & The USA. plants Question by hww22: Can a home loan be changed later down the line? If I were to get a no ratio or a no doc loan could I change it to something else later to get a lower interest loan and how much does it cost to do this? Best answer: Answer by ??Always Singing??You would need to refi. Add your own answer in the comments! Can a home loan be changed later down the...

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Q&A: What are the steps we need to take to get pre-approved and buy a home for the first time?

on Apr 10, 2013 in FHA Information | 3 comments

Question by Amber A: What are the steps we need to take to get pre-approved and buy a home for the first time? My husband and I live in a two bedroom apartment with our 4 year old daughter and 2 year old son. We have lived here for 4 years and need to buy a home this year. We really don’t know where to get started and it’s a little intimidating! Any suggestions or experiences you have had would be helpful and most appreciated 🙂 Thank you! Best answer: Answer by Big Deal MakerGo to your nearest credit union that you belong to or even if you do not at least that would be a good place to start. Then try a FHA home loan. And please have a real estate attorney go over all of your paper work including the loan. It will be well worth the few thousand you spend with them. Know better? Leave your own answer in the comments! Q&A: What are the steps we need to take to get pre-approved and buy a home for the first...

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I plan on filing income taxes for 2007 year?

on Apr 10, 2013 in Stated Income Loans | 2 comments

Question by careful grl: What is the HAFA program for short sales and why is it called “Cash For Walkers”? Is it true the government is actually paying people to walk away from their mortgage or do a short sale to get out of their home? Is it a good idea and will it work? Thanks! Best answer: Answer by My Take on ItThey are not paying individuals I believe they are paying the banks to shorten the process of short sales. What do you think? Answer below! What's the Story with FHA? It used to be that credit scores were relatively low to qualify for FHA loans. But FHA borrowers today have credit scores at historically high levels due to rigor in the lending environment. Everyone is doing higher quality loans right now, illness even FHA … If you would like more informaiton please visit here… Veterans With FHA Loans How To Get Rid of The Mortgage Insurance A colleague of mine passed on this great tip on how veterans that currently have an FHA loan can refinance to a VA mortgage and save the cost of the mortgage insurance they are paying. If you have an FHA loan then you are paying a mortgage insurance … For more informaiton please visit here… Question by Sweethoney: I plan on filing income taxes for 2007 year? if you owe loans to like check n go places and credit cards will they take your income tax check? Best answer: Answer by Serge MIf you mean will creditors take your income tax refund, approved they can do so only after proper legal procedures. They would have to have a judgment against you for your debts and may be able to use it to claim your tax refund to satisfy the debt. Know better? Leave your own answer in the comments! I plan on filing income taxes for 2007...

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What's the Story with FHA?

on Apr 10, 2013 in FHA Information | Comments Off on What's the Story with FHA?

Question by careful grl: What is the HAFA program for short sales and why is it called “Cash For Walkers”? Is it true the government is actually paying people to walk away from their mortgage or do a short sale to get out of their home? Is it a good idea and will it work? Thanks! Best answer: Answer by My Take on ItThey are not paying individuals I believe they are paying the banks to shorten the process of short sales. What do you think? Answer below! What's the Story with FHA? It used to be that credit scores were relatively low to qualify for FHA loans. But FHA borrowers today have credit scores at historically high levels due to rigor in the lending environment. Everyone is doing higher quality loans right now, illness even FHA … If you would like more informaiton please visit here… Veterans With FHA Loans How To Get Rid of The Mortgage Insurance A colleague of mine passed on this great tip on how veterans that currently have an FHA loan can refinance to a VA mortgage and save the cost of the mortgage insurance they are paying. If you have an FHA loan then you are paying a mortgage insurance … For more informaiton please visit here… What's the Story with...

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