Justin has written 21 article(s) for the BiggerPockets Blog.
Mortgages & Lending by Justin McHood | October 12, 2010Thinking about buying a home from someone you are related to or do business with? FHA will allow FHA financing on the property, but under certain circumstances and with some modifications to typical FHA rules. Generally speaking, if you are buying a home from someone you do business with or are related to, FHA will [...]
Mortgages & Lending by Justin McHood | October 5, 2010From time to time, when you are working with a lender to get an FHA loan, a reason arises that you decide you want to work with another lender. The reason that you decide to work with a different FHA lender once you have started the loan process isn’t all that important, but what happens [...]
Mortgages & Lending by Justin McHood | July 27, 2010I didn’t realize that underwriters cutting appraisals was still a problem. I mean, I remember it being a big deal when it seemed that everyone I knew wanted to refinance and take their equity out to spend on whatever they wanted. But I thought those days were long gone. Turns out maybe not. It must [...]
Mortgages & Lending by Justin McHood | July 19, 2010Many people have money set aside that can help them buy a home or save their home – in a spot they don’t think they can access easily. When times get tough, many people will drain their savings accounts and checking accounts of their savings – but I don’t hear very many people asking me [...]
Mortgages & Lending by Justin McHood | July 13, 2010If you are looking at buying a (big) home and possibly financing it with a jumbo loan, this may be your lucky day if you have documentable income and a good credit score… Interest rates on jumbo loans are at their lowest levels since 2003. So for those borrowers who are shopping for houses that [...]
Mortgages & Lending by Justin McHood | July 6, 2010Have you ever heard of a “Green Mortgage”? If not, you may soon. They seem to be gaining steam along with the rest of the “green” movements. In order for a mortgage program to be considered a “green mortgage” program, it simply has to have an incentive that can be added to a regular mortgage [...]
Mortgages & Lending by Justin McHood | June 29, 2010FHA jumbo loans are a popular alternative to “regular” jumbo loan financing due to their low rates and low down payment.
Mortgages & Lending by Justin McHood | June 22, 2010There are a lot of home loan experts out there who have various tips and suggestions about buying a home. I guess this post is no exception, but I’m directing this particular list of tips to Vets and in particular those Vets who are looking to buy a home. The Most Important Tip – Get [...]
Real Estate Technology by Justin McHood | May 25, 2010 
Quite a few of my geeky friends were on Foursquare way before I was. Heck, one of them even became the mayor of my house (at 4:00am) before I started paying attention to it. And now I am convinced that location based marketing services like Foursquare will be as mainstream in 2 years as Twitter [...]
Read the full article → Foreclosures by Justin McHood | May 11, 2010Because I live in Arizona, many people have asked me over the last 2 years whether or not they should short sell their house. And pretty much every time, my advice is generally the same: It is up to you. But if you can afford your mortgage payments, there isn’t a rush – you will [...]
Mortgages & Lending by Justin McHood | May 4, 2010One of the great benefits for a Vet getting a VA loan is that the Vet is protected somewhat against being overcharged by a loan officer. The official language from the VA is that “The veteran can pay a maximum of reasonable and customary amounts for any or all of the ‘Itemized Fees and Charges’ [...]
Mortgages & Lending by Justin McHood | April 27, 2010Last week, the House Financial Services Committee voted unanimously to approve HR 5017 – the Rural Housing Preservation and Stabilization Act of 2010 which means that the next step is to get the full US House of Representatives to vote on it and insiders say that there is a strong likelihood of it passing there. [...]
Mortgages & Lending by Justin McHood | April 20, 2010Recently Fannie Mae has come out with guidance that makes the waiting period for people who agree to a deed-in-lieu of foreclosure from four years to two years before they can get a mortgage from Fannie Mae. Fannie Mae is trying to encourage people to agree to deeds in lieu of foreclosure — not to [...]
Commentary by Justin McHood | April 6, 2010REBar Camps are something that you can do in your local area to learn more about technology and real estate. If you don’t have an REBarCamp coming up soon, then you can also get on the Virtual RE Bar Camp.
Copyright © 2004-2012 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.
Joshua DorkinMarty Boardman
Jeff Brown
Chris Clothier
Ken Corsini
Peter Giardini
Jason HansonKevin Kaczmarek
Douglas Lazovick
Jeff Logue
Sharon Vornholt
Richard WarrenMelissa Zavala
Michael Zuber
RE Bar Camp: A Great Way To Learn
by Justin McHood | April 6, 2010REBar Camps are something that you can do in your local area to learn more about technology and real estate. If you don’t have an REBarCamp coming up soon, then you can also get on the Virtual RE Bar Camp.