Posts Tagged ‘FHA’

Gone are the days of "Stated Income" and "No Doc" mortgage loans. Subprime loans, Alt A loans and the exotic mortgages programs developed for borrower's with tarnished credit, or borrower's who couldn't document income and assets are extinct. We are now in a credit world that has gone 'Back to Basics'. How does this compare to a year ago, and how does a borrower determine ... Full story

Unless you have decided to drop off the grid, you've probably heard or read that it's a "buyers market" and there couldn't be a better time to purchase real estate. My buyers are telling me foreclosures are everywhere and ours for the taking! Interests rates are at record lows! Sellers will give up their first born for any offer! You get my point. Of course, you ... Full story