CalHFA 1st mortgage + CHDAP 2nd mortgage = 99% LTV or 1% downpayment loan for California First Time Home Buyers. Here's how it works: CalHFA (California Housing Finance … Continue Reading...
CalHFA helps California First Time Home Buyers to buy with 1% Down Payment
February 1, 2011 By 2 Comments
FHA extends 90 day flip rule for California Mortgages
January 30, 2011 By Leave a Comment
FHA today extended the 90 day flip rule for California FHA Mortgage Loans. In an effort to continue stabilizing home values and improve conditions in communities experiencing high … Continue Reading...
2011 FHA maximum Loan Limits announced for Bay Area Mortgages
December 2, 2010 By Leave a Comment
The maximum FHA loan limits for most Bay Area counties (the ceiling) by property size for fiscal year 2011 are as follows: One-Unit $ 729,750 Two-Unit $ … Continue Reading...
Lets get the San Jose FHA Loan Pre-Approval done again
October 4, 2010 By Leave a Comment
If you are pre-approved for a San Jose FHA loan, I have news for you. That pre-approval is not good anymore. I will tell you why! Starting today, FHA is making changes to the … Continue Reading...
California FHA Loans after Foreclosure, Bankruptcy, Judgment and Collection
August 16, 2010 By 6 Comments
In this post I am talking about eligibility guidelines for a FHA Loan after you have gone through Judgment, Collection, Bankruptcy or Foreclosure. This applies to residents of … Continue Reading...
How to qualify for FHA Negative Equity Short Refinance on a San Jose Home
August 13, 2010 By 3 Comments
Department of Housing and Urban Development (HUD) announced enhancements to the existing Making Home Affordable Program (MHA) and Federal Housing Administration (FHA) refinance … Continue Reading...
FHA reduces upfront Mortgage Insurance for San Jose First Time Home Buyers
August 5, 2010 By 4 Comments
FHA today announced reduction in upfront Mortgage Insurance Premium (UFMIP) for San Jose First Time Home Buyers and FHA Streamline Refinance on San Jose homes. A change that has … Continue Reading...
Resources for FHA Approval Process for San Jose Condominiums
June 13, 2010 By 3 Comments
FHA recently announced additional resources for condominium approval process for San Jose and rest of the country condos. All condominium inquiries, telephone and email, must be … Continue Reading...
FHA 203K Rehab loans for San Jose Homes
June 9, 2010 By 1 Comment
Have you found that “almost perfect” San Jose home in the right location that is selling at a reduced price because it needs a little rehab work? Unfortunately, most … Continue Reading...
Everything you wanted to know about FHA condominium approval
April 12, 2010 By 1 Comment
In this blog post I will try to answer all FAQs related to FHA condominium project approval. Beginning this year, FHA made some major changes to the Condominium process. I have … Continue Reading...