Posts Tagged ‘fha loans’

FHA Yearly Mortgage Insurance Could Skyrocket

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

HUD FHA FAQs for FTHB Part 3

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

FHA UFMIP Changes April 5

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.j0432676 Read More

What will a co-signer do for me on an FHA loan?

Answering questions is one of the best things about my job. I really enjoy being able to share the knowledge that I have accumulated in my over 25 years in lending. Of course, with the rapid changes in mortgage lending now, I have to be doubly concerned that the answer that was right yesterday is still right today. One of the multi user platforms that I belong to, My FHA Mortgage Blog, has started a mortgage question forum and I am doing what I can to answer some of the questions posed by people and try to get the right information out there. I will be using all three of my blogs to answer those questions, this one, FHA Loans Oregon and EugeneLoanguy. This question has to do with using a co-signer on an FHA loan. Read More

Reverse Mortgage: Is it right for you?

Top 10 Things to Know if You’re Interested in a Reverse Mortgage Read More

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