3% Down Conventional Loans Are Here For Real

Posted on Jan 5, 2015 in Stated Income Loans

Sacramento-area millennials are putting off homeownership
Many haven't started a family and see no pressing need for extra space. “Homeownership to me means I'm …. It also remains hard for some millennials – even those with a good income – to obtain financing to buy a home. Many of them don't have lengthy …
For more informaiton please visit here…

Don't Miss Out on Veteran Specific Home Loans
Veterans, more about treatment active duty military members, mind and spouses of soldiers that were killed are all eligible. “All loans are 30 year fixed with no subprime lending or anything,” Farmer said. “There are no hidden payments. It's very straightforward and we feel …
For more informaiton please visit here…

million taken from NJ child protection fund
The money — $ 7 million to $ 14 million a year — is supposed to fund a loan and grant program to remove lead paint from homes and rental units. With $ 50 million, lead … He said that although much of the existing lead paint is in low-income housing …
For more informaiton please visit here…
New home loan helps lower-income borrowers build equity quickly
The banks have put a total of $ 13 billion into a program to offer discounted mortgage rates, healing now including 15-year as well as 30-year loans. Citibank offered the Ongs, medicine who were NACA clients, the $ 400,000 wealth-builder loan at 2.5% and allowed them to …
More informaiton please visit here…

Low mortgage rate not automatic lock to stay in home
Mortgage lock-in is the state of having a home loan with such a low interest rate that the owner is reluctant to sell because buying another home would require getting a mortgage at a higher rate. The question might seem highly personal. What's known …
If you would like more informaiton please visit here…

Twelve Questions on Obama's Refi Plan
The Obama administration is revamping a program that's designed to let more homeowners refinance their mortgages even if they don't have any equity. This isn't a new program, capsule but instead attempts to turbo-charge an existing federal initiative called …
For more informaiton please visit here…

4 Must-Know Facts About Obama's New Student Loan Plan
With his executive action, pharmacy the president expanded the existing Pay As You Earn program available to federal student loan borrowers. Currently, medical this plan caps monthly payments at 10 percent of a borrower's disposable income and forgives the balance …
If you would like more informaiton please visit here…

3% Down Conventional Loans Are Here For Real
Last week I shared that this was coming but that no announcement had been made. Well here it … Up until now, approved the limited-down-payment-first-time-home-buyer market was sorely underserved primarily with HUD insured FHA financing as the primary option.
More informaiton please visit here…

Fannie Moves Aggressively on New LowDownPayment Loans
Fannie Mae wasted no time Monday in implementing new offerings for low-down-payment loans for first-time homebuyers, sick saying it would begin accepting applications immediately for borrowers with FICO credit scores as low as 620 as well as offering …
If you would like more informaiton please visit here…

Getting Started: New DownPayment Considerations for First-Time Buyers
First, information pills a primer: This month, Fannie Mae and Freddie Mac, the two government-sponsored enterprises that buy, repackage and sell mortgages to investors, announced they will begin accepting home loans with down payments as low as 3 percent.
For more informaiton please visit here…

4avg.rating 13 votes.