Posts Tagged ‘financing’
Flashback Friday… Cramming.
Cramming, not just for exams anymore.
View CommentsMortgage and Housing Volatility… Over?
Over on one of my other blogs, I re-blogged a post from Jeff Corbett. He is VERY involved in the mortgage and housing industry and loves diving into the ugly underbelly of the industry.
View CommentsWayback Wednesday… FHA 203k
Looking back two years, I had a post inspired by Ken Cook regarding FHA 203k mortgages. If you aren’t familiar with the FHA 203k, it is a loan product that allows the borrower to make improvements or renovations on the property as part of the original mortgage.
View CommentsFHA Approvals are about to get HARDER…
That’s what we need, right?
My buddy Ken Cook wrote about the new guidelines for FHA mortgage loans.
View CommentsShort Sales, Bank-Owned and Credit Pulls
A few days ago I wrote about how the purchase offering process is having issues… issues that are especially apparent on Bank-Owned Properties (we call them REOs).
Banks are often requiring that ALL offers be accompanied by pre-qualification letters from specific approved lenders (perhaps even from their own loan department). In other cases, the brokers representing the properties are interjecting this “requirement” on their own.
This morning, local (and nationally syndicated) radio talk show host, Clark Howard mentioned
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