Graduating college is an exciting time Graduating from college is a huge milestone in our lives. One chapter is closing and many new ones will be opening. For a lot of college graduates, just starting a new career is a big step. For some, this graduation actually means the passage and right to take part [...]
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Cherry Creek Mortgage Company announced on February 20, 2009 that they are now requiring minimum credit scores of 620 or higher for most FHA and VA loans. This comes as no surprise since most industry standards with investors have already moved in this direction. These new credit score requirements will not apply to borrowers who [...]
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Mortgage Loan Programs for Credit Challenged Buyers Every time I turn on the television or listen to the radio I hear another media talking head share with the public that banks are not making mortgage loans for buyers with credit scores less than 680, 720 or 740. Well I want to first set the record [...]
Full Story »On March 6, 2008 HUD announced a temporary FHA loan limit increase in counties across the United States. The Economic Stimulus Act of 2008 permitted FHA to insurance loans up to 125% of the area median house price. These loan limits now run out on December 31, 2008. After that date all FHA loan limits [...]
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Attention Police Officers, Firefighters, Teachers and EMT’s. If you are in the market for a home you need to be aware of this specialized FHA loan program through HUD called the Good Neighbor Next Door Program. I am helping a couple of teachers right now with this loan and the outcome has been fantastic. Let [...]
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Is Your Bank Providing Accurate Mortgage Information?
FHA: The Good Neighbor Next Door Program
Mortgage Information from a Credible Source: Meet the Mortgage Myth Busters
I am ready to close on my home and need to get the utilities turn on, now what?
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