22% Down Payment Assistance Offered For Arizona Foreclosed Homes

Your Way Home AZ offers 22% down payment assistance October 19, 2009

You can buy a bank owned foreclosure and the State of Arizona may give you 22% towards your down payment.
BestFHAlender.com (Academy Mortgage) is a participating mortgage lender in Arizona’s Your Way Home AZ” down payment assistance program that has been designed to help qualifying Arizona home buyers purchase foreclosed homes.
Funding is made available through the [...]

Read the full article →

FHA Mortgage Loans in Phoenix Arizona

October 13, 2009

FHA mortgage loans are an attractive option in Phoenix Arizona.

Read the full article →

Discussing FHA Mortgage Loans at the Arizona School of Real Estate

September 24, 2009

Social Media for Mortgage Marketing
I’m teaching a class right now at the Arizona School of Real Estate and Business with a group of new loan officers and we are discussing the power of social media for marketing FHA mortgages to real estate agents in Arizona.
Right now, I am writing to demonstrate how to structure a [...]

Read the full article →

The “No-Cost” FHA Streamline Refinance May Be a Thing of the Past

September 18, 2009

HUD’s issuance of Mortgagee Letter 2009-32, Revised Streamline Refinance Transactions today may have effectively put an end to a popular program for FHA borrowers – the “No-Cost” FHA Streamline Refinance.
For years, millions of home owners with FHA loans have taken advantage of the opportunity to refinance their mortgage to a lower interest rate without having [...]

Read the full article →

FHA Announces Major Changes To Streamline Refinance Requirements

September 18, 2009

FHA issued MORTGAGEE LETTER 2009-32 today announcing revised procedures for streamline refinance transactions.  The changes are effective in 60 days from the date of the mortgagee letter (September 18, 2009).
Aside from the reaffirmation of existing procedures streamline refinance transactions, the following key revisions were announced:

Seasoning
Payment history
Net tangible benefit for the borrower
Maximum Combined Loan-to-Value
New Maximum Mortgage [...]

Read the full article →

Need Another Reason to Finance Your House with an FHA Mortgage? They Are Assumable.

September 7, 2009

FHA mortgages continue to be an extremely attractive means for financing homes in the current economic and housing environment due to their low down payment requirements, liberal underwriting guidelines, affordable interest rates and government insurance. In fact, the majority of the mortgages funded in our office have been FHA loans.  In addition to the [...]

Read the full article →

Will the Obama 8000 First Time Home Buyer Tax Credit Be Extended?

September 3, 2009

Many people want to know if the existing Obama $8000 first time home buyer tax credit that expires on December 1st, 2009 will be extended. This is a good question. As of today, there is just under 60 days left to…

look for;
put in an offer on;
negotiate and have the offer accepted on;
qualify for a loan [...]

Read the full article →

Best FHA Lender Update August 2009

August 25, 2009

Best FHA Lender Update:
A lot has changed for me over the past couple of months and because of that, I have found it difficult to update Best FHA Lender as I should. Therefore, I thought that it would be good to provide a quick update to what I have been doing.
Change of Companies [...]

Read the full article →

Everything You Want To Know About The 2009 Obama 8000 Tax Credit for First Time Home Buyers Being Used For FHA Down Payment and Closing Costs

June 5, 2009

Can you use the Obama 8000 tax credit for your FHA down payment?
Yes, No, Maybe So.
Last month on May 12th, Secretary of Housing and Urban Development Shaun Donovan created a fervor in real estate and mortgage industry when he announced in a speech to National Association of Realtors that FHA was working on an initiative [...]

Read the full article →

Top 10 Reasons College Graduates Should Use FHA Loans to Buy a House

May 21, 2009

Why College Graduates Should Use FHA Loans to Buy a House.
May is graduation month across America and Best FHA Lender would like to offer congratulations to all of the recent college graduates.  What an exciting time in your life.  You may have been offered a nice starting position and the door to your future is [...]

Read the full article →
« Previous Page  1 2 3 4 5 6 7 8 9 10 11 12 13   Next Page »