Jan 27, 2019
FHA 203b – MortgageMack | Ultimateonlinemortgage.com In this short video, mortgagemack discusses the benefits of the FHA 203b loan program
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FHA 203b – MortgageMack | Ultimateonlinemortgage.com In this short video, mortgagemack discusses the benefits of the FHA 203b loan program
Do You Want a 203k Mortgage Loan?
Do You Want a 203k Mortgage Loan?
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Do You Want a 203k Mortgage Loan
F.O.C.U.S. Consultation is a specialized determination-of-real…
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Meeting the FHA Appraisal Requirements
Meeting the FHA Appraisal Requirements
When a homeowner wants a standard refinance with FHA, he will be required to get an appraisal done on the property. Before a property can be approved for any FHA loan, whether it is a refinance or a standard 203b, it has to meet the FHA appraisal requirements. There are a couple of different reasons for the appraisal. The first is to ensure the safety of the structure; nobody wants to have a loan…
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FHA Qualifications for a Streamline Refinance - the Dos and Don'ts.
FHA Qualifications for a Streamline Refinance – the Dos and Don’ts.
Federally insured loans are a good way for people to take control of their housing situation when they can’t qualify for funding through a conventional lender. This is true for new homeowners, but it’s also true for existing homeowners who have a mortgage that is just a little bit more than they can handle. The streamline refinance was designed specifically for these homeowners, the ones that…
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Single Family Mortgage Insurance
Single Family Mortgage Insurance
FHA’s mortgage insurance programs help low and moderate income families become homeowners by lowering some of the costs of their mortgage loans. FHA mortgage insurance also incentivizes mortgage companies to approve loans for otherwise creditworthy borrowers and projects– that might not be able to meet conventional underwriting requirements– by protecting the mortgage company against loan default…
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