Question by Dolan A: Is there a government refinance assistance program available?
I have decent income and credit, visit web capsule but not a good home mortgage. I want to refinance but my loan is above the market’s value, viagra approved and my loan is not with Fannie Mae nor Freddie Mac.
Is there any government program that will get me a loan without mortgage insurance?
I checked out MakingHomeAffordable.gov, and the site says, I “don’t quality” for any of the available options. Any other suggestions?
Best answer:
Answer by BNICKS
www.makinghomeaffordable.gov
check out the website … either option on the site refi or modification would help … i wouldn’t worry to much about having mortgage insurance …
What do you think? Answer below!
FHA eases burdensome condo financing rules
The certification process is intended to provide the FHA, buy information pills a government-run mortgage insurance agency, with key information about a development's legal, physical and financial status. Without approval of an entire development — regardless of whether it …
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FHA Relaxes Condo Rules
13 and took effect immediately, should make it easier for large numbers of condo associations to seek certification by FHA. The certification process is intended to provide FHA, a government-run mortgage insurance agency, with key information about a …
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Question by Dave T: Will the new HARP guidelines allow me to refinance?
I am current with my payments on my FHA mortgage, and however it’s a rental property. I rent an apartment as my “primary residence”. Under the current guidelines, price I’m not able to refinance since HARP excludes FHA loans that are rental properties and not “primary residences”.
With his recent State of the Union address, the President announced upcoming expansions to HARP. Has anyone heard of the details of this expansion? Will it allow someone in my situation – an FHA loan used as a rental property, to refinance?
Best answer:
Answer by Lisa L
I hope not. These programs are intended to be used for people needing help on their primary residences not to up the income for landlords.
Add your own answer in the comments!
Some cool condominium images:
3 Luxury Condominiums In Malaysia
Image by thienzieyung
Of course, ailment from Bukit Padang, case these 3 luxury condominiums can be observed with ease. The middle one, capsule called the Peak Vista Awana (or Premium Tower), is genuinely tall and will leading out soon. It overtakes the Deluxe Tower next to it and it appears that cladding performs have begun for that 28-storey luxury condominium tower. The Peak Suites is noticed at the bottom the ridge, along with the roof of the swimming pool at the sports complex. The horizon is partially visible from right here.
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Jesselton Condominium At Sunset
Image by thienzieyung
The sky was ablaze in the evening nowadays and at the same time I had my dinner at Sabah Golf & Country Club. So although waiting for my food, I headed to the initial floor of the clubhouse to photograph some evening shots. I zoomed into Jesselton Condominium by Bina Puri and this turned out. Not more than 50% of the units there had their lights on at that moment. Likas Square is partially visible above the tree tops at bottom left.
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HARP 2.0 : No Income Needed With “Money In The Bank”
Furthermore, no rx because HARP allows for unlimited loan-to-value and very few verifications, medical closings can come quickly. There are no home appraisals and paperwork is kept to a minimum. Even loans with existing private mortgage insurance (PMI) find HARP …
For more informaiton please visit here…
FHA streamline refinance comes with no expense to buyer
Mortgage banker: Ty Cabalsi, Impac Mortgage, (925) 400-7570, www.speakwithty.com. Property type: … Since they currently had an FHA loan, they knew they could do a streamline refinance without an appraisal, and neither income nor asset documentation.
For more informaiton please visit here…
Stop Student Loans From Ruining Your Chances of Homeownership
The Federal Housing Authority (FHA), which makes low-down payment mortgage loans, limitstotal housing costs to no more than 31% of your pretax income; 43% for the all-encompassing back-end ratio. Other lenders set their own parameters, and in all …
More informaiton please visit here…
Good article about government loans. It really flowed well and kept my interest the entire way through.
Excellent work on the post about home loans.
Your facts and understanding show you have a lot of experience with stated income loans.
I couldn't ask for a better post about real estate finance.