FINANCING A FIXER-UPPER? PURCHASE AND REHAB ALL IN ONE FHA LOAN. You just love the house. Except for the leaky pipes. Or maybe the kitchen is too small. For the house that's almost perfect, we have the perfect solution: Our Renovation Mortgage, a mortgage and home improvement loan all in one. Pu
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03/18/2010
Looks like there may be another check of a borrowers credit prior to closing, which may cause delays or denials on some deals. Here's the update from Fannie Mae: Fannie is requiring all debts incurred or closed up to and concurrent with the closing of the subject mortgage are disclosed on the fi
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03/18/2010
Good News for homeowners in the Northwest who may have underwater mortgages or situation where the value has dropped making refinancing under the traditional rules impossible. Homeowners who hope to refinance existing Tacoma or Seattle mortgages that are "underwater" just got a reprieve that wil
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03/02/2010