Best FHA Streamline Refinance

September 13, 2008

The FHA Streamline Refinances Program was initiated in the early 1980′s to help borrowers with FHA loans take advantage of lower interest rates.  At Best FHA Lender, we typically have the lowest FHA mortgage rates available. The Best FHA Lender streamline refinance requires very minimal borrower qualifying and documentation. Best FHA Loan applications can usually [...]

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The Fannie and Freddie Takeover Has Immediate Positive Results

September 9, 2008

Since the Federal Government announced its decision to take over mortgage giants Fannie Mae and Freddi Mac on Sunday, there has been widespread reactions.  The best of which for current homeowners and potential home buyers is a significant drop in interest rates. FHA rates are LOW LOW LOW, much lower than they have been in [...]

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Federal Government Takes Control of Fannie Mae and Freddie Mac

September 7, 2008

The Federal Government announced today that they are taking control of Fannie Mae and Freddie Mac in its continuing attempt to shore up the ailing housing market and overall economy.  It has been widely speculated that this action would be taken, especially considering the recent created Federal Housing Finance Agency and the passing of the [...]

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Q&A related to the Housing and Economic Recovery Act of 2008

September 3, 2008

Here is an article from the Arizona Republic that discusses basic questions regarding the Housing and Economic Recovery Act of 2008.  In a question and answer format, it discusses various types of government mortgage relief and government refinance assistance (including Hope for Homeowners) that are offered in the Act.  The Housing and Economic Recovery Act of [...]

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USDA Guaranteed Rural Housing Program

August 25, 2008

FHA (and VA) loan programs have been received a lot of attention lately due to the credit crisis and the practical elimination of subprime lending. Recently, there has been more buzz regarding FHA as a result of the passing of H.R. 3221, The Housing and Economic Recovery Act of 2008.  Aside from the plans to [...]

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FHA Arizona Down Payment Assistance Programs

August 25, 2008

Arizona Down Payment Assistance Programs Arizona First Time Home Buyer Programs Where can Arizona First Time Home Buyers find Down Payment Assistance?  The following is a list of many of the Arizona Down Payment Assistance Programs that are available. Current legislation prohibits seller-funded downpayment assistance, or assistance from someone who financially benefits from the transaction. [...]

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HOPE For Homeowners Program

August 23, 2008

The Housing and Economic Recovery Act of 2008 provides government refinance assistance and mortgage relief through the establishment of the HOPE for Homeowners Program. Here are some of the highlights: Creates a FHA program with voluntary participation on the part of the homeowner and existing lien holder to allow homeowners to avoid foreclosure by reducing [...]

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$7500 Tax Credit for First Time Home Buyers

August 22, 2008

Click here for post that explains the updates to the $8000 first time home buyer tax credit made by the American Recovery and Reinvestment Act in February 2009. The recently enacted Housing and Economic Recovery Act of 2008 (H.R. 3221) created at $7500 Tax Credit for First Time Homebuyers.   First Time Homebuyers will be able [...]

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Academy Mortgage Mesa East Office

August 4, 2008
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Academy Mortgage is a Full Eagle Lender with Direct Endorsement Status

June 12, 2008

Academy Mortgage is a Full Eagle Lender with Direct Eagle approval. Our loan officers hold a competitive advantage over loan officers from other companies. Our turn time is significantly faster than other companies. Our FHA loans can be processed, underwritten and go to docs in less than a week in most cases. There are three classes [...]

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