I had someone last week that wanted to refinance after a recent listing – and I thought you should be aware of the possible implications of this situation.
If you are torn about whether to refinance your current house – or – to list it for sale – here’s something for you to keep in mind…
I wrote about this 6 months ago – but I think it bears repeating.
This simple thing stops many loans in their tracks – and I want you to be aware of it.
Good Morning!
Did you realize that we allow gifts on non government insured loans (including jumbos!) up to 85% Combined Loan To Value Ratios?
Good Morning! Many people ask me if they have to pay monthly mortgage insurance on an FHA loan. The answer is “yes”. Unless… There are really only two ways around monthly mortgage insurance on an FHA loan… 1) Do a 15 year mortgage and the loan to value ratio has to be under 90%. 2) …
Good Morning!
If your are submitting your tax returns to get a mortgage I want you to be aware of something….
Good Morning!
Hope you had a good weekend!
“How can I apply for a 30 year mortgage when I’m 78 years old?”
Good Morning!
Did you know we still have an FHA portfolio program that will take credit scores down to 580?
I know you have probably heard that if your score is below 620 you don’t have a shot at a mortgage – not true.
I wanted to let you know that congress has passed another law that will change the FHA loan program.
They are changing the amount of initial and monthly mortgage insurance that gets charged by FHA.
I wanted to let you know I wrote a Special Report on No and Low Down Loan Programs, and I have posted it on my web site for you.
The cost of this report is – FREE.
I get asked about this a lot – so, I wanted to give you a little refresher on how you can get a mortgage when you have had a Bankruptcy in your life.
Chapter 7 Bankruptcy… You will need two years of seasoning after the discharge date of the Bankruptcy on your credit – for an FHA loan. …and, you can’t have ANY new derogatory information occur (lates, charge offs, collections) after the Bankruptcy discharge.