Last Stated Income Home Loans News

Posted on Aug 23, 2012 in Stated Income Loans

Question by jiowda1: can a conventional mortgage be refinanced using the fha program?

Best answer:

Answer by mycornerofbrickheaven
I don’t think so. FHA is for purchases only I believe but check with a loan officer who deals with the program.

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Pending Freddie Mac Relief Refinance Alterations to Assist Lenders Refinance
MCLEAN, drug Va., July 31, 2012 /PRNewswire/ — Freddie Mac (OTC:FMCC) announced plans to build on the success of its Relief Refinance Mortgage Program, which includes the Home Cost-effective Refinance Program (HARP two.), by aligning needs for mortgages …
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VA Loan Processing Occasions Nonetheless Slow
The residence loan timetables have also been drastically impacted by the U.S. bail out loans passed by President Obama called HARP (Residence Affordable Refinance System). HARP loans have generating hundreds to thousands of new applicants unable to refinance in …
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Wells Fargo says it worked for Mortgage Market Share
“There was a time, and years ago, when Angelo Mozilo at Countrywide explained that his goal was to have 25 percent market share,” said Stevens, based on the company’s former CEO and co-founder. “Everyone dropped … Wells Fargo manager in the San Francisco …
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Toll Brothers reports FY 2012 3rd QTR and 9 month results
This compares to $ 1480000000 and 2611 apartments in fiscal 2011. . “We want to provide preliminary guidance for FY 2013, when we announced our fourth quarter results in December 2012,” Robert I. Toll, executive chairman, said: “Housing is on the mend … We are.
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