Tag Archives: purchase

FHA to Change Allowable Seller Credit Amount?

FHA will propose to reduce the maximum allowable seller concession from its current level to one more in line with industry norms. Continue reading

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What Not To Do During Your Loan Processing

To some it’s obvious and to others it’s not, but the following items are critical during the loan process. Continue reading

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Standard Items Needed for Loan Approval

The following items are normally needed during the loan process. Continue reading

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How You File Taxes Matters

This video by Matt Steinmetz covers some details about how tax returns affect you qualifying for a mortgage loan. Continue reading

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FHA Home Flipping Policy

In February, FHA extended the FHA property flipping waiver until December 31, 2011. As of now, this waiver has not been extended again and will expire on 12/31/11. Continue reading

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CCAR’s Big Event 2011

This is my 2nd Big Event and I find them informational. It is also a good chance to say hello and rub some elbows. This event was held at the Lesher Center for the Arts. Here’s what was said this year. Continue reading

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More Lenders Exiting in 2012 and Rates Getting Better

This video discusses the estimate from the Mortgage Bankers Association that the loan volume for 2012, industry wide will drop by 25%.  This will force more lenders, individuals and companies, to leave the industry.  The video also touches on where … Continue reading

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Buying Investemnt Properties With Less Down

Did you know you can buy investment properties with 10 or 15% DOWN? Fannie Mae’s Homepath program allows for 10% down for investors when buying a Homepath home. Non Fannie Mae Homepath homes can use normal conventional financing with 15% down for … Continue reading

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First Time Buyer Video Series Part 1

Matt Steinmetz goes through his First Time Buyer Booklet in sections to walk you through the details of buying a home. Continue reading

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Fannie Mae brings back HomePath incentives | Inman News

Fannie Mae is once again offering closing-cost assistance for buyers Continue reading

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