Robert's Blog
Mortgages are available in all shapes and sizes, no money and low down payment plans are still available, and dont forget to get qualified prior to shopping to be sure you are looking in the right price range.
ARCHIVED BLOG POSTS
2019
On Monday I wrote a blog regarding Changes in FHA Down Payment Assistance Programs. With all of the confusion that came from the Mortgagee Letter 2019-06 we now have a ML 2019-07 to extend the implementation the previous letter for 90 days - My guess is it will allow the sources of DPAs additio...
04/26/2019
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FHA Update. ML 2019-06As of April 18, 2019 FHA has made SIGNIFICANT changes to guidelines for ANY type of down payment assistance programs (DPA) Including all "government entities" this effectively eliminates the Cheona Fund effective immediately. All other Government Entity Down Payment Assista...
04/22/2019
Over the years I have had this question asked in so many ways.... Furniture is a common one, and a client just asked me that one yesterday. While guidelines continue to evolve it is important to understand what is happening in the mortgage world and what we do as lenders, often behind the scene...
04/16/2019
We are just two weeks until we have to file either an extension or our actual tax return. If you are currently applying for a mortgage, and your tax return was needed to calculate your income you will need the following if you are closing after April 15th: Copy of the actual 2018 1040 form – O...
04/01/2019
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