In this post, there will be plenty of talk about facts for the economy regarding home sales, foreclosures, purchase price of homes, and what you might expect for the housing market in the future as it … [Read more...]
VA Home Loan Guideline on Chain of Title
Unlike FHA and Conventional loans, VA does not have a guideline that says a borrower can not get a loan on a home that has a short chain of title. Define: Chain of Title - A chain of title is … [Read more...]
USDA if back In Action Frisco, Little Elm, and Proper
USDA lending is back, but not necessarily in full swing...there are some changes. I think that the custom home builders and Realtors in areas such as Prosper, Little Elm, and Celina will benefit as … [Read more...]
Frisco Home Buyers Gamble With Prompt Closing Using Their Local Bank
In the last 2 weeks, I have received a number of new referrals from Realtors that have home buyers in Frisco, Little Elm, and Coppell. Why is this significant? All had seen their closing date on … [Read more...]
The Best Frisco Mortgage Calculator
Have you checked out Frisco's finest, and Frisco's best online Mortgage Calculator? If you would like to use the mortgage calculator that everyone in Frisco, Plano, Little Elm, Prosper, and McKinney … [Read more...]
First Time Buyers and Move Up Buyers in Frisco and Little Elm Win In Financing Preparation
I was reading another blogger's post, and it reminded me of a thought I really wanted to get out to the buying public today. You see, Fannie Mae, Freddie Mac, and FHA may write their guidelines on … [Read more...]
TDHCA Bond 77 – Lot 1 Available Texas Department of Housing and Community Affairs
TDHCA First Time Buyer Bond Program...Down Payment Assistance Available The Texas Department of Housing and Community Affairs has officially release Bond 77, so see if your cities income limits and … [Read more...]
June 1st Fannie Mae Will Institute a New Guideline in Credit Qualifying
Fannie Mae institutes new underwriting guidelines for home owners trying to borrower money, to pull a 2nd credit report before the close of the loan. Fannie Mae released a notice to the mortgage … [Read more...]
Part I: How To Prepare for My Home Loan Process
NEEDS DOCUMENTATION LIST FOR YOUR TRANSACTION Fannie Mae and Freddie Mac are the governing bodies of home loans in American, and any loan originated through an FDIC related lending … [Read more...]
FHA Changing Seller Concessions from 6% to 3%
In case you are wondering, FHA has still not put their foot down on the decision, and as of today, 5/18/2010, you still get 6%. My last post on this talked about some of the other changes that were … [Read more...]
