When it comes to refinancing an FHA loan, one of the best options is to do the FHA streamline loan. The FHA Streamline refinance loan program allows a qualifying borrower to refinance their existing primary residence FHA loan to a Read More …
Author: James Murphy
FHA Loan Requirements for Purchase and Refinance
If you do not typically fit the requirements for most home mortgage loans, you may still be eligible for an FHA loan. This program serves to help lower-income people, first-time home buyers, and people with less-than-perfect credit achieve their goal Read More …
FHA Home Loan Limits by County
FHA home loan limits will tell you what the maximum loan amount would be depending on where you live. Some of the calculations are based on average property values for the area, the type of property you are purchasing, and Read More …
How Does The 203K FHA Renovation Loan Work?
The 203K FHA loan is a program that is designed to include the purchase and renovation financing all into one loan. The major benefit of this is that you will not need to get a second mortgage, home equity loan, Read More …
Getting ready to sell a house?
If you’re getting ready to sell a house, you’ll want to read these house selling tips. In this market area there are 100’s of listings that offer pretty much the same homes located on small acreage parcels. I often ask Read More …
Home Improvement Tips for Getting a Mortgage
The following are some of the simple home improvement tips that should help you related to mortgage approval: If the paint on the exterior of your home is peeling, paint your home. This is one of the biggest issues with Read More …
Check your credit history
One of the best ways to get the best financing for your home is to check your credit history. Check the three credit reporting agencies and make sure that everything is correct. Check your credit score and learn how to Read More …
Tips for Buying a Residential Home
These home buying tips will help you understand home value and will help you from making mistakes when buying a home. I’m not a Realtor and I don’t want to sell you your next home. I want to help you. Read More …
Real estate comparables — How they affect your home appraisal value?
Real estate comparables are homes that are similar to your home in terms of design, appeal, quality, square footage, basement and or location. There are around 25 different criteria that appraisers will look for when appraising your home. Do you know Read More …
Should the Seller of a Home Accept Buyers’ closing costs?
Closing cost are fees that are paid for the closing of a home loan. Closing cost usually included loan fees for the loan officer for helping with the loan, the appraisal fees, administration fees, determining flood maps, used to help Read More …