Happy New Year everyone!! I have taken a little bit of time off from posting throughout the holidays, but I am back. I hope everyone had a great holiday season and a Happy New Year!
I posted a few weeks back about changes to FHA in 2009, but I did not include the change to the [...]
Big Changes
FHA Loan Limits for 2009
FHA Changes – 2009
Effective Jan 1, 2009 FHA has made some changes to their guidelines that could impact those looking to obtain mortgage financing. As I have stated in previous posts, FHA has become more popular over the past couple of years due to the changing mortgage environment and reduced risk tolerance of mortgage lenders. FHA, on the [...]
FHA Short Sale Warning
Avoiding foreclosure is always a good option, and a short sale is one option many homeowners turn to when they are unable to continue to make payments and owe more on the home than they could sell it for. There are different rules on how short sales can impact the seller when looking to obtain [...]
