New Government Refinance Assistance Programs Announced?

Posted on Oct 19, 2012 in HARP Refinance

Question by Brian: anyone know a lender that does a SIVA program with a 660 fico?

Best answer:

Answer by Carolinahomerates.com
try gateway…you need 2yrs in same line of employment

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Question by Ms Penny Lane is In My Tree: How long do you have to wait before you can sell a home that you purchased with a FHA loan?
My husband and I recently purchased a home with an FHA loan. Although we enjoy the home, recipe it is not exactly what we were expecting, here we probably rushed into the decison a little faster than we should have. We are wanting to sell the home and go with our original plan. Is their a waiting period between buying and selling a home that you bought with a fha loan?

Best answer:

Answer by Biggie @ Arbor Mortgage
There is no waiting period. There is no prepayment penalty if that is what you were thinking. I don’t know how long you have been in the home, check but it may be a little early trying to sell if you just purchased it no too long ago. Good luck trying to sell!

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Check out these big house photos:

The Massive House

Image by pdbreen
Cohasset, more about MA July 2009
Copyright 2009 Patrick Breen
Canon EOS 5D Mark II/EF16-35mm f/2.8L II USM @ 16 mm
1/60 sec at f/11, ISO one hundred, EV, Aperture priority, no flash

Far more fantastic homes click right here…

Some cool apartment creating photos:

Max Mehl Building, pill Magnolia and Henderson, Ft. Worth

Image by StevenM_61
This South Side apartment developing with a storefront was recently restored.

For far more homes click right here…

Apartment Developing

Image by rjackb
An apartment developing behind my apartment.

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Apartment Building

Image by rjackb
An apartment developing behind my apartment.

A lot more great houses click here…
Why FHA streamline refinancing is over
The mortgage insurance premiums paid in accordance with FHA Mortgage Financing have nearly doubled in the last year and a half, visit web eroding the savings otherwise incurred by the reduction in the rate. Put another way, there the Federal Housing Administration's …
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Mortgage Rates: Low Mortgage Rates Holding On as Housing Stats Lead the Way
Borrowers may be concerned because FHA closing costs (APR) are high due to various FHA fees and the upfront mortgage insurance premium, but FHA allows these costs to be added to the loan amount, in most cases, or paid through seller concessions.
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Mortgage Rates: Low Mortgage Rates Remain Stable As Builder Confidence
While FHA closing costs (APR) are higher than conforming mortgages because of the upfront mortgage insurance premium and other FHA fees, FHA allows these expenses to be added to the loan amount or to be paid through seller concessions. In order to …
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Question by romanccmg: New Government Refinance Assistance Programs Announced?
http://www.governmentrefinanceassistance.com/ I recently applied for the government assistance program. I meet all the qualifications listed in this bill. However, check Chase is now telling me i make to much money to qualify for the assistance. However, check if you read the bill it does not indicate the amount of money generated in a household. Is this a stipulation that chase is throwing in and using this as a loop hole? What recourse does one have if they don’t follow the qualifications for the program?

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