FHA recently announced that their monthly mortgage insurance (PMI rates) are being reduced for 2015! New FHA loan applicants will be paying about much less for their monthly MIP compared to 2014. FHA mortgage insurance rates for 2015 will be .85% for max 96.5% financing - down from 1.35% last
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02/19/2015
Homeowners insurance is pretty much required for any home buyers financing a home. Most lenders and traditional mortgage companies won't approve a loan or unless the buyer provides proof of coverage for the purchase price. Homeowners insurance can be very expensive, especially in certain parts
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02/15/2015
FHA provides different home financing options that helps make home ownership easier for Florida home buyers. Even with limited credit, down payment and resources, the FHA program offers great flexibility in 2015. Everyone knows that real estate around Tampa and St. Petersburg is quit expensive,
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02/14/2015
Five Stars has been serving Jacksonville's Hard Money needs since 2006. As a leading provider of Hard Money in Florida, Five Stars believes that Hard Money loans provide an important niche for real estate investors in Duval, Clay and St. Johns County. Below we will discuss some important inf
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02/04/2015
Volusia County has very little choices in 2015 when it comes to NO down payment mortgages. A few government programs like USDA and VA home loan are the only choices. And for unless you are military, the VA mortgage is not feasible. The good news is most of Volusia County is still eligible for t
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02/04/2015