Posts Tagged ‘Strategies’

February 8, 2010 0

Down Payment or Invest?

By Scott in Common Questions, FHA, Mortgage Insurance

If you could pay for a home with cash without getting mortgage financing, would you?  Should you?  That decision is both an emotional one and a financial one.  Let’s look at a recent example…
We received a call from a potential customer, referred to us by a real estate agent we work with, who was looking [...]

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February 1, 2010 1

CHFA FirstStep NOW Available

By Scott in Assistance, Big Changes, Qualifying

On January 28 we first told you about CHFA’s FirstStep and FirstStep Plus programs that were going to be available February 1, 2010.  It is now February 1 and we wanted to let you know the details of the program.
CHFA FirstStep
Through the sale of non-taxable mortgage revenue bonds, CHFA is able to offer mortgage rates [...]

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January 8, 2010 0

Don’t have a lot of money for down payment?

By Marla in Assistance, Qualifying, Taxes

(All stories shared on Lending A Hand contain fictitious names with changes to insignificant details.  The privacy and trust of our customers is our top priority.)
I received a call from a customer who was interested in a condo and wanted a maximum monthly payment of $1,000.  We’ll call him Gaston (obviously a fictitious name).  Gaston [...]

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