Posts Tagged "Bill"

Do you think Foreclosure Bill will help the average person?

on Dec 14, 2023 in Unique Loan Programs | 6 comments

Deals are just harder, order mind but why? It would be easy and cheap (and not very popular with me) to blame the lawyers for this, but there is something more, and very tangible, going on here. Commercial real estate was never graced to the “No Doc. Loans” that made the housing market the … For more informaiton please visit here… Question by : Can I shop for other lenders through a mortgage broker under the new HARP refinance guidelines? I believe I am eligible for a HARP refinance with my current lender (Citi), medicine but Chase (a participating HARP refinance lender) advertises better rates. I have a close family friend in the mortgage industry as a mortgage broker and I was wondering if I am able to use his brokerage to look into other options for my HARP refinance, sildenafil Any thoughts? Best answer: Answer by Shawn HI believe this should help you: http://www.makinghomeaffordable.gov/programs/lower-rates/Pages/harp.aspx Know better? Leave your own answer in the comments! by SS&SS Question by mmcpo29: No docs loan/stated income home loans? I need some help with no docs/stated income home loans. My husband and I are in the process of getting pre-approved for a home loan. I was assigned a loan officer that asked for all documents, website like this W-2, look pay stub, ailment bank statements, 401K. I provided him with all documents. He told me he will be using a stated loan because the fact the my husband pays child support will disqualified us. My husband credit is in the upper 700’s close to 800 for the highest and mine low 700 lowest 706. Now here come the question is this loan officer trying to take advantage of us? If we provided proof of income don’t we should be doing a full loan documentation? Oh and he is using my credit score vice my husband and he stated the reason child support again, we were approved already for a mortgage but the loan officer was not honest and we backed out of the deal and child supports was never an issue. I live in the San Diego, CA area. Can I make this loan officer use my husband score and full loan doc? Thx Best answer: Answer by little eccyYou can’t make him do anything, he is only doing his job. find another source to get your loan and ask up front on all relevant info regarding getting the loan. Doc/no docs, stated income, interest rate, points if any, appraisal fee, pre payment penalty. have him put everything in writing so you know exactly what you will be getting. What do you think? Answer below! Mortgage Rates Reach Record Low; HARP Applications Spike Mortgage rates improved for conforming mortgages, more about FHA mortgages, link VA mortgages and USDA loans. Jumbo mortgages improved slightly, too. Click here to get today's mortgage rates. Freddie Mac : Mortgage Rates At 3.49% Nationwide. Thursday, Freddie Mac's … If you would like more informaiton please visit here… Take Advantage Of The Lowest FHA Streamline Refinance Rates To Save Your … All that applicants need to make sure is that their present home mortgages are being owned or guaranteed by the FHA and that they are current on their monthly mortgage payments for the past 12 months. It is needless to say that FHA streamline refinance … If you would like more informaiton please visit here… Examine out these massive home images: The “Big Home” Image by Gregalicious A image of the &quotBig House&quot at the Casa Grande Ruins National Monument in Coolidge, online Arizona. If you would like...

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House passes bill to strengthen FHA

on Nov 12, 2023 in Unique Loan Programs | Comments Off on House passes bill to strengthen FHA

A handful of nice chateau photos I identified: Château de Fléville (France – Lorraine – 54) Image by michellefouineur Vue sur le parc du château. If you would like to see much more homes click here… Château de Fléville (France – Lorraine – 54) Image by michellefouineur Vue sur le parc du château. If you would like to see a lot more houses click right here… Château du Taureau Image by monmimoun Château du Taureau – Baie de Morlaix – Carantec If you would like to see far more properties click here… Question by : does my credit score have to be in the mid 600’s to get approved fha with a mortgage company? if so, price what are the options I have? How do I get around the mortgage company. Do I go directly to fha lender.. Can somebody help with these questions.Thanks chatsplas, cheapest I have more than 20% to put down, yes my credit maybe poor right now but I’ll say about 6 months from now I maybe able to pay it off… The house that is. Best answer: Answer by chatsplasNO, that’s too low for FHA. Your options are PAY CASH, then there’s no lender to worry about, and your poor credit doesn’t matter. Another choice, PUT DOWN 20% and avoid substantial extra costs of PMI, and lender will be willing to overlook your poor credit. WAIT until you have repaired your credit. You do this the same way you destroyed it, one month, one payment at a time. SAVE money for down payment. More you put down, the less you pay in interest over the life of the loan. What do you think? Answer below! Residence passes bill to strengthen FHA The measure would set a minimum rate for the annual premiums paid for mortgage insurance, buy exclude unscrupulous lenders from the system and require these who commit fraud to repay the FHA. The reserve fund of the FHA, which insures a lot more than $ 1 … More informaiton please pay a visit to here… Take Advantage Of Low FHA Streamline Refinance Loan Rates Now “It&#39s possibly the best time to take benefit of low FHA streamline refinance loan rates as refinancing charges and charges for mortgage insurance coverage premiums have been substantially lowered. Besides, the Obama administration has also announced handful of adjustments … For a lot more informaiton please visit here… Mortgage Rates: Low Mortgage Rates Stable After German Court Decision Until the end of 2013, the FHA streamline is accessible with decreased upfront and annual mortgage insurance premiums for borrowers who have loans that had been endorsed prior to June 1, 2009. In order to obtain much more details about the FHA streamline or … If you would like far more informaiton please go to...

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Bill will help more homeowners refinance

on Nov 1, 2023 in Unique Loan Programs | 2 comments

See How To Qualify For New HARP 2.0 Program – Government Recent … “New Home Affordable Refinance Program 2.0 requirements for eligibility have been relaxed by the Obama administration; now the program will extend its help to more number of homeowners. Borrowers who want to refinance their mortgages to get more … If you would like more informaiton please visit here… Bill will help more homeowners refinance Supporters of the bill note that although recent changes to the Home Affordable Refinance Program were a step in the right direction, approved they left in place barriers that will keep millions of borrowers trapped in higher interest loans. The revised version … For more informaiton please visit here… Options for Foreclosures People who don't qualify for HHP may qualify for other programs available, including the Home Affordable Modification Program, Home Affordable Refinance Program and others. McGavin pointed out that Gov. Pat Quinn signed the Homeowner Protection Act in … If you would like more informaiton please visit...

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House debates bill averting government shutdown

on Jun 19, 2022 in RE Finance | Comments Off on House debates bill averting government shutdown

F1 Unique Real Estate Loans Blog New Stated Income Loans Program! Stated Income Loans – No Income, this Asset or FICO! Stated Income Loans up to 65% LTV NO FICO, NO ASSETS (also see our no doc loan program) with low competitive conventional rates! Stated income loans limited to CA, GA, MA, NY, TX and WA (other states case by case)! New Stated Income Loans Guidelines Unique programs: The New Stated Income Loans is limited to CA, GA, MA, NY, TX and WA (other states case by case). Our banking contacts at several lending institutions have given us a new unique stated income loans product to offer to our borrowers. Example: 3yr & 5yr ARM. True stated income program specifics: New Stated Income Loans Program General Guidelines: NO Min FICO min w/ combined collections above $5K, no litigation in the last 5 yrs; BK and prior foreclosure considered NO Required Liquid Assets NO cash out cap, no explanation needed to 50%. 6 months seasoning required Residential: OO, NOO, Investment, 1-4 Units Purchase, R/T Refinance no seasoning required Self Employed and W2 accepted Purchase 65% to 400K, 60% to $2M; refinance 50% LTV OO/NOO ARM: 3/1 &… Unique Loan Programs Stated Income, shop No Doc, IO, FN…Unique Loan Programs! Unique Loan Programs Nationwide Finance One now offers unique loan programs like Stated Income Home Loans (Stated Income Loans limited to CA, GA, NJ, NY, MA, TX, PA…other states case by case), no doc loans, foreign national loans, high ratio loans, etc. We have established private mortgage banking relationships with several institutions to bring unique loan programs to our clients. Example: stated income 3yr Arm, Owner Occupied, stated income loan, 60%+ LTV to $1M, 55% LTV to $3M!… The Unique Loan Programs…Stated Income Loan and No Doc Loan: ? States: CA, MA, GA, NJ, NY, TX and WA ? Purchase 60%+ LTV to $2M; Refi 50% to $2M ? Self Employed and W2 income accepted ? Residential: OO, NOO, Investment, 1-4 Units ? No Doc Option Available ? C/O Refi max OK; No C/O in TX ? Min FICO min w/ no derogatory history ? OO ARM: 3/1 & 5/1; NOO 3/1, 5/1, 7/1, 30/15 yr ? Months PITI Required Liquid, 3 Months Seasoned ? Foreign Nationals, Trusts, Coprs and LLCs allowed ? Max number of properties finance: 15 total ? Non-Occupant Co-Borrower Allowed *** Unique loan programs  are offered nationwide… Finance One – Private Mortgage Banking #1 Private Mortgage Banking Solution Finance One private mortgage banking provides solutions to otherwise solution-less lending. We offer unique Private Mortgage Banking and Hard Money Loan capital for borrowers and/or properties that do not meet conventional underwriting guidelines. Our lending solutions include: low rate stated income and no doc loans to $2M, cialis 40mg interest only loans, make-sense gross income qualifying, high debt ratio loans to 55% DTI, 2nd mortgages/HELOCs and low rate Private/Hard money $150K+ for commercial and residential, construction loans to $5M residential hogger for commercial, ultra jumbo loans to $100M+ for specialty financing solutions…our private mortgage banking list of solutions goes on and on. The team at Finance One have been providing private mortgage banking and portfolio loan products since 1999. As a respectable private mortgage banking lender and originator, our private mortgage banking loan solutions provide financing liquidity for conforming and non-conforming property and owners who cannot qualify conventionally. By incorporating private mortgage banking experience and autonomy, we can ensure each transaction is successfully completed in a timely manner. We provide solutions to otherwise solution-less lending! You can help us understand more about your private mortgage banking needs by contacting us or… by...

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State bill would prohibit affordable housing mandates

on Jan 30, 2016 in HARP Refinance | Comments Off on State bill would prohibit affordable housing mandates

Mortgage: Learn the basics of reverse mortgages The first FHA-insured reverse mortgage was introduced in 1989. Such loans enable seniors age … Retirees with an adjustable-rate mortgage can collect their payments on a reverse mortgage as a lump sum, symptoms clinic fixed monthly payment, line of credit or some … More informaiton please visit here… FHA Mortgages To Have A Banner Year First, in 2015 the FHA cut its annual mortgage insurance premium (MIP) for most loans by .5 percent, going from 1.35 percent to .85 percent. The result is that the monthly cost to finance with an FHA-insurance loan fell substantially. Someone with a … More informaiton please visit here… Despite hefty down payment, 0000 home may be out of reach for buyer … 36 percent of your gross monthly income on your total debt. At $ 42,000 per year, or $ 3,500 per month, that's a maximum amount of $ 1,260 for your mortgage, taxes, insurance and any other debt you have, including student loans, credit card debt, auto … For more informaiton please visit here… Clinton Wants to Raise Taxes on the Rich In 2011, web Obama's advisers drafted a tax plan that would apply a minimum tax rate of 30 percent on individuals who were making more than a million dollars a year – a plan that would affect 0.3 percent of taxpayers. The idea never went anywhere. Last … For more informaiton please visit here… Home-buying spree in smaller towns drives growth of Indian banks Rising income levels, search increasing urbanisation, visit this lower mortgage interest rates over the past year and easier capital regulations for loans to mid-segment home buyers are driving demand for housing units in India. The world's second-most populous nation … More informaiton please visit here… American River Bankshares Reports Fourth Quarter 2015 Results SACRAMENTO, viagra Calif., Jan. 28, 2016 (GLOBE NEWSWIRE) — American River Bankshares (NASDAQ:AMRB) today reported net income of $ 1.5 million, or $ 0.20 per diluted share for the fourth quarter of 2015 compared to $ 1.2 million, or $ 0.15 per diluted … If you would like more informaiton please visit here… Mayor Emanuel Launches Initiative to Support Home Buyers and Strengthen … Through the Home Buyer Assistance Program qualified buyers may receive a grant for up to 5 percent of the total loan amount based on income. The program is intended to assist a broad range of families that include middle- and low-income households. If you would like more informaiton please visit here… No Magic Wand: The Short- and Long-term Impact of Filing for Bankruptcy And if you do qualify for future credit, site it could come with higher interest rates. … There's also a mandatory waiting period for mortgage loans insured by the Federal Housing Administration, ampoule better known as FHA loans. The FHA makes most borrowers … More informaiton please visit here… CFPB on Construction Loans; Training and Events; FHLB mREIT News There are exceptions to this, primarily for non-agency funding of jumbo whole loan conduits and floating rate commercial mortgage financing. We believe broker/dealer alternative … private capital' back to the mortgage markets. Since the financial … For more informaiton please visit here… Here's how to bring more affordable housing to the DC area Recently, erectile I've had some extended discussions on the troubling issue of scarce affordable housing and how that has hurt a generation of would-be first-time home buyers (specifically millennials) in the Washington area. One session of … The tenants … More informaiton please visit here… High Housing Prices Undercut Aid Programs In 1999, information pills during the last...

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