Josh Talayka | August 16, 2010
The FHA 203k Renovation Loan allows a borrower to roll repair/renovation costs into their FHA loan. The repairs/renovation can include optional renovations/upgrades such as: interior and/or exterior paint, new flooring, kitchen/bath remodel, Energy Efficient Improvements, landscaping, etc. The process in obtaining and utilizing an FHA 203k loan can be very simple when working with the right loan officer who understands the program, and offers advantages to everyone involved in the transaction.
Category: FHA loans, Financing/Mortgage Topics, Remodeling/Repair/design Tips |
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Tags: Chase International, FHA, FHA 401k, fixer-upper, home repair, HUD, mortgage, Nevada, NV, Real Estate, remodeling, reno, Renovation Loan, Talayka, www.sellinghomesinreno.com, www.sellingnorthernnv.com
Josh Talayka | August 21, 2009
Borrowers having difficulty paying their mortgage will be able to refinance into FHA-insured mortgages under the program. Under the HOPE for Homeowners, lenders will be required to “write down” the mortgage to a maximum of 90% of the homes appraised value.
Category: FHA loans, Financing/Mortgage Topics, Loan Modification Series, Short Sale & Foreclosures |
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Tags: Chase International, FHA, Foreclosure Prevention, home retention, Hope for homeowners, hope now, HUD, Loan Modification, Nevada, NV, Real Estate, reno, Talayka
Josh Talayka | June 1, 2009
The U.S. Department of Housing and Urban Development issued Mortgagee Letter 2009-15 on May 11, 2009. A portion of this letter outlined the use of the First-Time Homebuyer Tax Credits for use as a Down payment on an FHA mortgage.
The U.S. Department of Housing and Urban Development issued Mortgagee Letter 2009-15 on May 11, 2009. A portion of this letter outlined the use of the First-Time Homebuyer Tax Credits for use as a Down payment on an FHA mortgage
Category: FHA loans |
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Tags: FHA, FHA down payment, first time buyer, First time buyer tax credit, Tax Credit