FHA Loan Advice

Several years ago a problem cropped up all across the mortgage/real estate world and started causing a lot of problems for lenders whenever a mortgage defaulted. Every Tom, Dick and Harry that stayed up late at night wanted to become a real estate investor and "flip" houses. There is a very real ...

The credit crunch that we are going through right now has delivered a devastating blow to the loan pipelines of many in the mortgage industry. I cannot recommend highly enough that those who are licensed in areas of the country where there are loans under the FHA limit to be done take a serious l...

Every time you turn on the news, there is a new headline trumpeting the meltdown of the mortgage industry. Obtaining a conventional mortgage is becoming more difficult by the minute. Qualification guidelines are tighter than they have been in years.This meltdown is occurring at the same time a re...

For those who don’t know, Alan Greenspan was the Chairman of the Federal Reserve Board from August 1987 through January 2006 and a very important person in the lives of those of us who make a living providing mortgages. Many people have blamed him for the subprime mortgage meltdown that is drivin...

FHA loans are a great tool that allows many potential first time homebuyers with past credit problems to break into the housing market. Prices are low and seller concessions are high in the today’s real estate buyer’s market. However, many of the subprime mortgage 100% financing deals are gone. F...