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FHA Downpayment Assistance Changes
HUD announced changes in what sources they will allow borrowers to use for downpayment funds. FHA loans require up to a 3% downpayment – it
HUD announced changes in what sources they will allow borrowers to use for downpayment funds. FHA loans require up to a 3% downpayment – it
Over the last week or so Ray and I have spoken to many homeowners responding to an informational item we ran in the Denver Post
There has been talk of making changes, some say much needed changes, to the FHA loan program. Some of the items on the agenda are
Here is a more detailed release… HUD No. 07-141 HUD SECRETARY URGES SWIFT PASSAGE OF FHA REFORM IN SENATE WASHINGTON – U.S. Housing and Urban
Throughout the United States an estimated 1 million to 3 million adjustable rate mortgages are expected to be reset within the next year. Roughly 500,000
FHASecure Loans and Credit FHA does not required borrowers to have a minimum credit score, rather they have focused on one’s overall credit history. Therefore, it
FHA Refinance Tips As with any business, certain expertise is something that develops over time and, more importantly, experience. This is particularly true in the
Hot off the presses! I thought you might enjoy this reading. If it in fact turns out that the bill is signed into effect by
Hello all, At this point it is a foregone conclusion that the Fed is expected to get in the mix tomorrow at their much anticipated
Being a native and having been back in Denver after the Navy for well over 10 years now, its hard to believe how much the
HUD’s Final Rule Well it has finally come to pass! The long allowed seller assisted down payment program many have used to buy their homes
Good day to you! I wanted to pass along some exciting news that has become available to us since our joining the Summit Mortgage Team.
Licensed in Colorado as Maestro LLC (DBA Mortgage Maestro Group) is an Equal Housing Lender.
Consumers wishing to file a complaint against a company or a residential Mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the Department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.
Home Mortgage Disclosure Act Notice. The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s website.
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