Ted Knows Loans

FHA: Including My House In My Chapter 7 Bankruptcy   You filed a Chapter 7 Bankruptcy and included a mortgage/ or property in Arizona and you want to know when you can qualify for an FHA Home Loan in Arizona.. Am I correct? What? You may have even been told by a FHA mortgage loan lender in Arizon...

FHA Extends The Less Than 90 Day Flip Rule for 2011 in Arizona FHA 90 Day Flip Rule Is Extend For the Year 2011 in Arizona HUD has informed us that they are going to extend the FHA 90 day seasoning financing rule for buyers & sellers in the greater Phoenix & Arizona area.  This obviously will be ...

New FHA Upfront MIP on Oct. 4, 2010 Effective October 4, 2010, Arizona FHA Homebuyers will see the new FHA Upfront MIP go down as much as 1%. Over the past 2-3 months, Congress has taken action and passed H.R. 5981. This bill gives FHA the authority to adjust it’s annual mortgage insurance premiu...

Academy Mortgage – Best Mortgage Lender in Arizona For the last 2 quarters of 2010, Academy Mortgage has consistently been raising the bar in mortgage lending.   In effect, Arizona’s home owners and home buyers have made us the premier mortgage company of choice and value. We, at Academy Mortgage...

USDA Home Loan: Disclaiming Your Spouse’s Credit Non-Purchasing Spouse/ Disclaiming Spouse in Community Property States: Except for debt obligations specifically excluded by state law, the debts of Non-Purchasing Spouse’s also known as a “Disclaiming Spouse” (Spouse’s that will not go on the loa...

620 FICO Score for FHA Home Buyers in Arizona While most lenders in Arizona have quit the business of lending to home buyers who have anything less than a 640 FICO score, The Canto Team aligned with Academy Mortgage have announced our commitment to helping homeowners with credit score of 620 or g...

Your 2011 Business Plan Starts NOW!!  What will the Internet say about you? Last year, I posted a featured post which earned me some attention as well as some business from REALTORS that were either impressed with my enthusiasm, experience and/or good looks (kidding). I believe that this year wil...

Who would say that despite the Dow closing above 11,000 for first time since May 2010 and after a decline in jobs that both would allow the release of the Mortage Backed Securitie to issue aggressive rates that allow escape from it's threshold of pain..   I work at a National mortgage company, Ac...

New FHA Upfront MIP on Oct. 4, 2010 FHA Homebuyers will see the new FHA Upfront MIP go down as of October 4, 2010.   Over the past 2-3 months, Congress has taken action and passed H.R. 5981. This bill gives FHA the authority to adjust it's annual mortgage insurance premium yielding approximately ...

HomePath Loans in Arizona With the number of REO properties increasing, HomePath financing is becoming more common compared to a year ago.  HomePath financing.  HomePath financing is available for Fannie Mae REO's (Real Estate Owned/ Bank Owned properties) by searching if the property is located ...