Posts Tagged "Boost"

Pending Home Sales Index Climbs In April; Low Mortgage Rates Boost Home

on Jun 8, 2014 in FHA Information | Comments Off on Pending Home Sales Index Climbs In April; Low Mortgage Rates Boost Home

Question by Jim R: Are there any Mortgage Lenders in Michigan that will do a stated-income or no-doc loan? Best answer: Answer by Wayne ZI believe that those types of loans were outlawed back in 2008. What do you think? Answer below! Question by Natasia: What are FHA mortgage loans? I have an idea of what the loan is but when I was speaking to someone at my bank about it, viagra approved he was very biased about it and gave me open ended questions so i had a hard time trying to understand exactly what he was saying. Although i did gain some knowledge but not enough, malady i still have more questions, does getting an FHA loan make your monthly mortgage payment higher? and anything else i would need to know please give me all the pros and cons, thank you! Best answer: Answer by Silly GooseFHA requires a lower down payment of only 3.5%. You also need money for closing costs, and some taxes and insurance upfront. The bank will want to see 2 months of income in savings left over. Two years of steady employment with tax returns. You need good credit. If you have any credit cards, I hope you are paying them in full each month. Check your reports free once a year at Annual Credit Report.com https://www.annualcreditreport.com/cra/index.jsp Many people have simple mistakes in them such as a misspelling in names. If you can put 20% down, this avoids PMI. This can cost thousands a year extra. It’s not tax deductible, and does not go towards principal or interest. Please do not get conned by banks. They will push the max you can afford in a house for their maximum profit. Never trust banks. Google: How much house can I afford calculator with debt Know that the max may not allow you to save for retirement, vacations, etc. Know better? Leave your own answer in the comments! Pending Home Sales Index Climbs In April; Low Mortgage Rates Boost Home … FHA mortgages are available in all 50 states and FHA mortgage rates are often as low, approved or lower, than comparable 30-year mortgage rates via Fannie Mae or Freddie Mac — both of which typically require 5 percent down or more. Another common loan choice … For more informaiton please visit here… 100% VA Loans For Manufactured Homes, Non-Standard Properties Veterans in search of construction loans, it's more common to use the FHA 203k construction loan program; or, to obtain a construction loan from a local bank. Both loan types can be refinanced into a VA mortgage as construction nears completion. For more informaiton please visit here… Pending Home Sales Index Climbs In April; Low Mortgage Rates Boost Home...

Read More

How Obama's Call For Refinancing Mortgages Will Boost The Economy

on Mar 6, 2013 in HARP Refinance | Comments Off on How Obama's Call For Refinancing Mortgages Will Boost The Economy

Some cool apartment developing pictures: Apartment Creating Image by bclinesmith If you would like to see more houses click here… APARTMENT Developing Image by Lulu Vision Upper West Side. NYC If you would like to see much more properties click right here… How Obama's Call For Refinancing Mortgages Will Boost The Economy President Obama last night called on Congress to make it easier for families to refinance their mortgages. Noting that many eligible families are having a hard time refinancing, sickness Obama urged Congress to pass a bill as soon as it can that would ease the … For more informaiton please visit here… WILL OBAMA'S REFINANCING IDEA HELP BORROWERS? YES: Homeowners refinancing mortgages at lower interest rates benefits not only borrowers, but also taxpayers and the overall economy. For millions of U.S. borrowers, increased competition and the streamlining of lending reduce monthly payments. If you would like more informaiton please visit here… Many of Obama's New Economic Ideas Won't Pass Refinancing aid for homeowners: Obama renewed his push for federal guarantees that would allow more homeowners to refinance their mortgages and lower their monthly payments. Odds it will happen: Modest. Now that home prices have stopped falling in … If you would like more informaiton please visit here… How Obama's Call For Refinancing Mortgages Will Boost The...

Read More

Bay Area Governments Expand the Use of Transfer Taxes to Boost Collections

on Nov 19, 2011 in Real Estate Info | Comments Off on Bay Area Governments Expand the Use of Transfer Taxes to Boost Collections

Common &amp Poor’s plans to update its credit ratings for the world’s 30 greatest banks inside 3 weeks and may possibly nicely mete out a few downgrades in the process, ed possibly surprising battered global bond markets. Mortgage News For more informaiton please check out here… Some cool big home pictures: Large House Construction Season in Ann Arbor, dosage Michigan Image by cseeman Walking about Ann Arbor these days…oh the cranes and work! For far more houses click here… Big House Construction Season in Ann Arbor, price Michigan Image by cseeman Walking about Ann Arbor right now…oh the cranes and function! If you would like to see more properties click here… Big Property Construction Season in Ann Arbor, abortion Michigan Image by cseeman Walking around Ann Arbor these days…oh the cranes and function! Far more great houses click here… by drburtoni To boost revenues, approved Bay Region governments have been expanding how they collect transfer taxes. National Actual Estate Investor If you would like more informaiton please go to here… Bay Area Governments Expand the Use of Transfer Taxes to Boost...

Read More