Archive for the ‘FHA Mortgage Loans’ Category

I keep pointing out homes that you can buy cheaper than paying rent in and around Eugene/Springfield Oregon. This one happens to be an FHA foreclosure with some light repairs needed. Read More

According to reports in the Los Angles Times and the Washington Post, Vicki Bott, deputy assistant secretary for single-family housing at FHA has confirmed that FHA’s Anti-Flipping Rule will be extended for another year. Read More

FHA is in the news a lot recently, with changes this week in mortgage insurance and credit score and down payment requirements.  These changes can have unexpected effect on new home buyers. Read More

Things are changing in FHA, some pretty drastic changes very shortly, October 4, 2010 to be exact. These changes will effect mortgage insurance premium amounts and loan to value requirements. Read More

I don’t know if this is a good deal or not, I am often not certain about the usefulness of government programs until I see them in action, but assuming that it is good, HUD has a new program coming out that will assist underwater NON-FHA home owners. This means negative equity position is the first requirement for the program. Read More