My Home Loan With Jay

You are interested in a property that needs a little work. Well, maybe it needs a lot of work. What do you do?   Unless you have the wherewithal to purchase the property “as is” and pay for the “fix up” from your own money, you may want to consider the FHA 203(k) loan.   FHA offers two variations...

Home loan guidelines changed in rapid fire fashion in 2008. FHA is continuing this trend with the following guideline changes going into effect January 1, 2009.   Down Payment The minimum down payment requirement increases from 2.25% to 3.5%. For a more detailed explanation of this change with de...