FHA upfront MIP refunds can some what be confusing at times because there are certain dates involved. The refund process has changed about 3 to 4 times in the last 15 years. In part 1, FHA Mortgage Insurance Premium & Monthly Mortgage Insurance, I talked about the basics of the upfront charge a
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08/18/2007
In the first part, FHA Mortgage Insurance Premium & Monthly Mortgage Insurance and how it works, I talked about how the upfront mortgage insurance and the monthly mortgage insurance worked. After visiting several web sites describing FHA, the mortgage insurance, and who can get these types of loa
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08/17/2007
I just created a new group : The FHA Mortgage Group With todays ever changing market, FHA will be a viable part of how consumers will purchase or refinance their home. Sure, there are 100's of other financing options still out there today. FHA will not be the end to all other financing problems.
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08/17/2007
It's crunch time, especially with today's market. Does this make you hungry? Well, many loan officer's are very hungry and not that busy. Which leaves us to my rant of inexperienced loan officers trying to give their clients a FHA mortgage. Word of advice : If you find someone giving you false
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08/16/2007
FHA has so many programs for those that are looking to purchase a new home and or refinance their existing home. And just for the record, FHA is not the end to all problems. There are 100's of programs out there other than FHA. But what you need is a loan officer that not only has these other pro
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08/16/2007
Mortgages can be confusing at times. Sometimes making feel like you are jumping out of a plane without a chute. It doesn't help when some loan officers don't take the time to walk you through the process. One piece of advice, no matter if you are purchasing or refinancing, but if it takes a full
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08/15/2007
Okay, so I got you to look. Isn't the title more than 50% of what you write? To catch the attention of anyone out in the blogosphere. Micthell Hall tagged me to write my book meme after writing his meme. Book Meme Apparently we can blame these meme's on Carole Cohen who started tagging people at
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08/14/2007
As I have stated in so many of my blogs, FHA has some great financing options to help those home owners that tend to have less than perfect credit. FHA has 2 types of streamline refinance options. The FHA streamline refinance with an appraisal and without an appraisal. Two main features of thes
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08/12/2007
This has always been a problem and debated amongst the real estate industry and mortgage industry for eons. I know realtors that can be stuck on this debate and upset when lenders don't meet the commitment date. I know some lenders that just don't care at times, thinking that as long as they mee
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08/12/2007
They say baseball is America's pastime. They also say buying a home is an American dream. What do they both have in common? In regards to stats and figures, these can both be tarnished and blurred in both baseball, real estate, and mortgages. I am a die hard Philadelphia Phillies fan and
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08/12/2007
