Posts Tagged ‘fha loans’

Mortgage loans for the purchase of a manufactured home with its own land are available. I repeat, you can finance the purchase or the refinance of a manufactured home even in today’s lending environment in Lane County. 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

One of the commentaries that I follow is Think Big, Work Small. This commentary is a video blog by a couple of “over the top” real estate and mortgage video bloggers. They have some really great insight on what is happening that will effect us in the Eugene/Springfield Real Estate Mortgage Market. Read More

There are so many questions that a FTHB, First Time Home Buyer, really needs answered before they can man an informed decsion about buying a home in the Eugene Springfield Oregon area. This is the third in a six part series covering FAQs, Frequently Asked Questions, that I hope will help in the decision process.  Read More

The Mortgagee Letter is out and the Up Front Mortgage Insurance Premium (UFMIP) will officially change from 1.75% to 2.25% effective with FHA case numbers issued after April 5, 2010. This will be a change in the amount of the premium collected up front but not in the monthly amount at this time. FHA will be asking for an increase in the monthly premium but that must be posted in the Federal Register first and probably will not take effect until Spring or early Summer. Read More