A video about the FHA flip rule.

The FHA streamline refinance mortgage program is not dead, but has went through some changes recently. FHA streamlines are still happening.

For those of you who are looking to purchase your first home in 2010…with a little extra work, you could find yourself with $15,000 in down payment assistance. Newtown Community Development Corporation (CDC) is a nonprofit corporation begun in the 90s to address concerns about housing, neighborhood preservation and sustainable development. The vision of CDC [...]

Now that subprime loans are a faint memory of the past, we often look to the FHA loans to fill in the void. Not that we miss those ugly sub primes all that much. But alas, FHA does provide a hearty loan for those who may have had a shaky credit past.  So, here are [...]

With so many REO’s  (bank owned properties) there is no telling what state some of these homes might be in. You may fall in love with the neighbourhood, the location or some other attribute of the home and even properties in distress.  You don’t have to give up on the property just because you may [...]

AMG Note: We don’t normally do a lot of guest posts on this blog. However, when Kat Sanders contacted me and asked I felt it was worth a try. So, here is one of her first posts.
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FHA loans are some of the most sought-after loans when people are planning to buy a home, more so [...]

Recently the FHA revised some of its guidelines and announced that they would allow first time home buyers to apply the $8,000 tax credit to offset the costs associated with obtaining FHA mortgage financing.
Heather Barr over at The Phoenix Agent blog has a great blog post detailing all aspects of this provision. For one thing [...]

I receive a lot of questions from readers on the current status of the Home in Five down payment assistance program. I  might as well answer these questions here. The long and short of it it is that currently I am unable to work with the Home in Five program. From what I currently know [...]

There are some major changes going into effect very soon regarding credit score requirements on FHA and VA loans. It used to be that on these loans you were able to qualify even if your credit score was below 620 – well it is becoming  apparent that more and more lenders are moving away from [...]

The New Year has been good to mortgage interest rates so far. Rates are hovering at 5.00% these days. This is just the beginning because the Fed just started buying mortgage papers from Fannie, Freddie. Today the Feds bought $10.2 billion worth and they have a target of buying up to $500 billion by the [...]