-->
Recently, the Department of Housing and Urban Development released the new limits on FHA-insured mortgages. Previously, potential homeowners in some areas complained that they could not take out an FHA loan because properties in their county exceeded the loan limits. The increased limits are a result of legislation included in the new stimulus bill and [...] [...more]
-->
Now that most lenders require a mandatory 20% down payment, potential borrowers are frantically searching for alternatives. Fortunately, one of the best ways to make a small down payment is relatively easy: take out an FHA insured loan. The FHA (Federal Housing Authority) is a government agency designed to help citizens purchase their own homes. [...] [...more]
-->
A version of the stimulus bill currently making its way through Congress proposes to increase the limits on FHA loans. Inman News reports: “The House version of the bill would restore the upper limits for Fannie Mae, Freddie Mac and FHA loan guarantee programs to $729,750 in high-cost housing markets, where they stood for much [...] [...more]
-->
The Countrywide Fast and Easy Loan helps extremely qualified borrowers with excellent credit skip some of the traditional paperwork and verifications required for loans. Borrowers can purchase a primary residence with as little as 5% down or a secondary / investment residence for as little as 10% down. Countrywide Fast and Easy Loan Qualifications Fast [...] [...more]
