High Cost Area FHA Financing & Maximum Mortgage Limits
Friday, October 02
House hacking with an FHA mortgage can be difficult in high cost area's.Competition is fierce. You have to get ahead of the game and think outside the box to get your offer accepted on the home you dream of. FHA Primary residence in a high cost area, can give you the greatest investment with the ...
High Cost Area FHA Financing & Maximum Mortgage Limits
Friday, October 02
House hacking with an FHA mortgage can be difficult in high cost area's.Competition is fierce. You have to get ahead of the game and think outside the box to get your offer accepted on the home you dream of. FHA Primary residence in a high cost area, can give you the greatest investment with the ...
House Hacking FHA Guideline For 3-4 Unit Multifamily.
Friday, October 02
Some crucial guidelines that sometimes go unnoticed ......... But will make or break your FHA deal with a 3-4 unit......Reserve Requirements 3-4 Unit owner occupied properties must have 3 months PITIThree (3)- and Four (4)-Unit Property The maximum mortgage amount for the three (3) - and four (4...
Financing Investment Property
Sunday, September 27
We as a Lender offer conventional financing, with very little overlays, and go above and beyond for our clients. We have some of the lowest fees and rates in the industry. I personally am an investor myself and can relate to your financing needs. A credit tool to assist with improving your (or ...
Exceptions To Qualifying For A Second FHA Mortgage.
Sunday, September 27
Exceptions to the FHA Policy Limiting the Number of FHA Mortgages per BorrowerThe only circumstances in which a borrower with an existing FHA insured loan for a principal residence may obtain another FHA insured mortgage on a new principal residence. Relocation -A borrower may be eligible to obta...
JUMBO LOAN FINANCING
Friday, September 25
Jumbo loans start above the counties conforming limit. High balance loans are loans between the standard conforming limit and the county specific conforming limit. Maximum loan amount for first-time homebuyers not to exceed $1,000,000 Fixed Rate & Adjustable RateMinimum credit score - 7...