Wells Fargo&#39s house–mortgage dominance raises worries

Posted on Aug 11, 2012 in Unique Loan Programs

Question by Angel 1229: Once we close on our “old” FHA mortgage can we get a FHA mortgage on our new home?
We have had a FHA loan for 5-years-never been late. We are in the process of selling this house. Once we close out this FHA mortgage can we get another FHA mortgage on the new home we are going to build?

Best answer:

Answer by Expert Realtor
Yes, see troche you can.

However, abortion if your credit is good…there are better deals out there than FHA.

Just shop some before you do.

Some people believe that FHA is only for first-time buyers. While it’s popular among first timers, it’s not a first-time buyer (only) program.

What do you think? Answer below!

Examine out these castle images:

Lego castle stuff
castle
Image by Grant Neufeld
When I got my Guarded Inn (when Lego reissued the set some years back), there I was inspired to develop some a lot more stuff to go with it. I identified plans for the Blacksmith’s on the internet, dosage and developed a guard tower / gate based loosely on some other castle directions I located and my own variations.

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BrickCon Castle Layout
castle
Image by floodllama
This is my section of the BrickCon ’09 Castle Layout. It at the moment measures 9 32×32 baseplates square. It is far from total…..here’s hoping I get every little thing carried out! If you appear at the other pic, you can see that I had reverse the whole thing, as I lately was given the actual table layout and it fits better this way.

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Wells Fargo Home Mortgage Tempe AZ
home mortgage
Image by Nick Bastian Tempe, treatment AZ
Wells Fargo Home Mortgage is situated just north of the light rail stop at Priest Dr / Washington St in Tempe AZ. This is also recognized as the &quotPapago Park Center&quot light rail stop.

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Wells Fargo&#39s homemortgage dominance raises worries
Wells Fargo &amp Co. controls 1 out of every three new property loans in the country, this web an outsize presence that is raising issues from regulators and lawmakers about risks to buyers and markets. Bloomberg reports that San Francisco-based Wells Fargo …
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Achievable reprieve for mortgage relief
Right here&#39s some encouraging news for financially stressed property owners across the nation: The Senate Finance Committee accepted a bipartisan bill just before heading house for summer season recess that would extend the Mortgage Forgiveness Debt Relief Act by means of …
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Current Mortgage Rates and Trends: Week Ending 8/11/12
Today&#39s 30-year mortgage rates are higher than last week, website like this and the week before that. This is what&#39s making news in the mortgage planet right now. Two weeks ago, the typical rate for a 30-year fixed loan was three.49%. Final week, the benchmark rate rose to …
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