Ultimate guide to Upfront and Monthly Mortgage Insurance Premiums (MIP/PMI) rates for FHA purchase loans and (streamline) refinances in California, Washington and Oregon. FHA … Continue Reading...
It’s Official – FHA Loan Limit of $729,750 is Back! No Such Luck for Fannie/Freddie!
November 18, 2011 By 1 Comment
Just few hours back, President Obama signed a bill reinstalling the FHA Jumbo Limit back for several high cost counties in California to $729,750 (from the recently reduced … Continue Reading...
Breaking News : $729,750 Loan Amount for Conforming and FHA is Coming Back
October 22, 2011 By Leave a Comment
Rejoice California Homebuyers and Home Owners - The $729,750 Loan Amount Limit for Conforming and FHA Loans could be coming back. These loan amounts were rolled back to $625,500 … Continue Reading...
Bye Bye $729,750! Welcome Back $625,500 (Sigh!)
August 30, 2011 By 1 Comment
Bay Area Conforming and FHA Loan Limit goes down These loan amounts over $417,000 are known by several names like - Loan Limits for High Cost Areas, Super Conforming Loans, … Continue Reading...
3.50% HomePath Financing bonus coming to end in June
June 1, 2011 By Leave a Comment
Fannie Mae HomePath Financing for California homes come with added bonus in June - 3.5% towards closing cost assistance. Thats right, Fannie Mae is paying 3.5% towards your closing … Continue Reading...
Financing Options for California First Time Home Buyers – Free Web Class
April 21, 2011 By Leave a Comment
As part of our Home Ownership Workshop of free Web Classes, Shashank Shekhar Mortgage Broker/Banker with Arcus Lending and author of the book "First Time Home Buying 101" will talk … Continue Reading...
California FHA Mortgage Insurance Premium goes up – AGAIN!
February 21, 2011 By 2 Comments
FHA recently announced an increase to the Annual Mortgage Insurance Premium on standard California FHA loan programs. This is a second increase in less than 6 months. FHA earlier … Continue Reading...
CalHFA helps California First Time Home Buyers to buy with 1% Down Payment
February 1, 2011 By 2 Comments
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...
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...
Will a good Rental Payment history improve your Credit Score?
January 26, 2011 By 1 Comment
Very soon a good Rental Payment History will help you improve your credit score. Experian recently announced, it is now incorporating positive rental data from its RentBureau … Continue Reading...