Justin McHood — Page 2

Archive of Justin McHood's Articles

Justin has written 21 article(s) for the BiggerPockets Blog.

FHA 90 Day Flip Rule: Flip Flop

by Justin McHood | March 23, 2010

The FHA 90 day flip rule is confusing. Be sure to ask multiple lenders about their 90 day flip rule policy rather than just listen to what one lender is doing.

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Mortgages & Lending

USDA Loans: No More Money in 2010?

by Justin McHood | March 16, 2010

Whether you are looking to buy a home or refinance one using a USDA loan, my best advice is to hurry if you can. The USDA loan program may be running out of money soon and could leave many borrowers in the pasture instead of the farmhouse (sorry, couldn’t resist). The USDA loan program has [...]

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Mortgages & Lending

The Best Mortgage Program Ever?

by Justin McHood | March 9, 2010

Many people across the nation find themselves in a situation where they owe more than their home is worth and they are wondering what their best option is. Should they short sell their house? Should they try to get their loan modified? Should they let their home go into foreclosure? Should they just keep making [...]

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Mortgages & Lending

Jumbo Loans: A General Guide

by Justin McHood | March 2, 2010

The jumbo loan market is active to the point where it is possible to get a loan, but you may have to hunt around for a while.

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Mortgages & Lending

Why Are There No More Stated Income Loans?

by Justin McHood | February 23, 2010

Why are there no more stated income loans? The IRS 4506T document is one of the biggest reasons. Now borrowers must give the lender permission to pull their tax returns.

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Mortgages & Lending