refi-fhasecure
HUD has recently announced a refi-fhasecure program designed to help consumers who have fallen behind on their recently adjusted loans. This refi-fhasecure will allow a consumer to roll up to 6 months past due payments into a new refinance loan as long as they qualify. We will be taking a look at ...
(Posted: 9/28/2007 8:17:20 AM) Permanent Link
Tags: [refi, fhasecure, refifhasecure, loan, mortgage]"FHASecure" Loan Program
The Federal Housing Administration will be installing a new program soon known as the "FHASecure" loan. This program is designed to refinance consumers who have fallen behind on Subprime ARM loans due to recent adjustments in the rate. The "Fhasecure" loan will help consumers keep their homes. Fo ...
(Posted: 9/28/2007 8:17:19 AM) Permanent Link
Tags: [fha, fhasecure, subprime]
Bush Has Announced the FHASecure Initiative
Recently, President George Bush announced the FHASecure Initiative. This is an FHA-Insured loan program designed to help consumers who have fallen behind on mortgage payments due to their mortgage payments adjusting upward. Many consumers who have purchase or refinanced in the last 5 years did so ...
(Posted: 9/28/2007 8:17:18 AM) Permanent Link
Tags: [fha, bush, federal housing administration]
FHA Streamline Refinance
For a normal refinance, you must qualify for the loan and provide all of your income, banking, credit, and liability information as well as an appraisal. If an FHA streamline refinance is done without a property appraisal, the new loan amount cannot exceed the original loan amount. The FHA streaml ...
(Posted: 9/28/2007 8:17:16 AM) Permanent Link
Tags: [fha, streamline, refinance]
Buying A House
When buying a house many consumers are confused by where they should start. Should they begin by going to a Realtor or should they begin by going to a mortgage professional or mortgage broker? When buying a home it is usually better off to start with a mortgage professional or mortgage broker to get ...
(Posted: 9/28/2007 8:17:15 AM) Permanent Link
Tags: [homebuying, homebuyer, home purchase, buying house]
ARM Rate Adjusted
If your ARM rate adjusted recently, you are one of the millions of Americans who has a mortgage payment that just increased. Fortunately, in most cases there are loan programs you can qualify for that offer the stability of a fixed monthly payment. Many of the following programs or products can he ...
(Posted: 9/28/2007 8:17:14 AM) Permanent Link
Tags: [arm, refi, rate]
Subprime ARM Refinance Help
Throughout the late 90's through 2007 many first time home owners and current home owners used Sub prime ARMS to either purchase or Refinance their homes. Many of these home owners are now facing mortgages that have hit there adjustment date and are difficult or impossible to pay. ...
(Posted: 9/28/2007 8:17:13 AM) Permanent Link
Tags: [sub prime, arm, refinance, bad credit]
VA
Department of Veterans Affairs: a federal agency which guarantees loans made to veterans; similar to mortgage insurance, a loan guarantee protects lenders against loss that may result from a borrower default. ...
(Posted: 9/28/2007 8:17:12 AM) Permanent Link
No Cost Refi
Nowadays, it seems one cannot watch an entire news broadcast on TV without seeing a "No Cost Refinance" advertisements. What is "No Cost Refi" and is it better than mortgage home loans with traditional settlement costs?
Regardless of the type of home loans, there will always be closing costs. ...
(Posted: 9/28/2007 8:17:09 AM) Permanent Link
Hard Money
Hard Money lending is popularly used by individuals who do not fit within the parameters of the conventional lending industry, or whose needs are highly specialized. Hard Money loans are often referred to as hard equity loans, because unlike a conventional mortgage, which focuses primarily on the c ...
(Posted: 9/28/2007 8:17:07 AM) Permanent Link
Tags: [hard money, hard equity, asset based lending]
FHA Lending in the State of Florida
FHA mortgage loans are an excellent source of financing in the State of Florida. FHA loans are a government insured loan that tends to be a little more lenient credit-wise than traditional Fannie Mae financing. With purchase money financing with just 2.25% down and cash-out refinancing up to 95% of ...
(Posted: 9/28/2007 8:17:03 AM) Permanent Link
Tags: [fha, hud, florida, mobile home, maufactured home, ]
FHA Refi
The Federal Housing Authority's insured loan programs offer many benefits to consumers looking to refinance their homes. Although most people think of first time homebuyers when they hear about FHA loan programs, FHA loans can be a great loan programs for refinancing as well. The next few paragrap ...
(Posted: 9/28/2007 8:16:59 AM) Permanent Link
Tags: [fha, refi, fha homesecure, ]
Deficiency Judgment
A deficiency judgment is the result of a judicial foreclosure, the process by which a lender takes you, the borrower, to court in an attempt to receive a judgment for the amount that they claim you owe them above and beyond the principal and interest you owe on your loan. ...
(Posted: 7/26/2007 9:11:46 AM) Permanent Link
Tags: [foreclosure, refinance, judicial, non judicial]
