Nabil Farhat's (nfarhat) Blog

Overview Integrated Financial Group Customers please note that On June 11, 2008, FHA released Mortgagee Letter 2008-16 officially announcing the implementation of Risk-Based Premiums for FHA Mortgage Insurance . Risk-based mortgage insurance applies to loans to be insured under Sections 203(b), ...

THE ENERGY EFFICIENT MORTGAGE MEANS COMFORT AND SAVINGS When you are buying, selling, refinancing, or remodeling your home, you can increase your comfort and actually save money by using the Energy Efficient Mortgage (EEM). It is easy to use, federally recognized, and can be applied to most home...

shop smart to beat the soaring cost of inflation THE worries of millions of families about the increased cost of living were officially confirmed last week as the Office for National Statistics revealed that the annual inflation rate has surged to 3%, the steepest increase in almost six years. Of...

In analyzing a borrower's credit and applying the fha credit requirement, past credit performance serves as the most useful guide in determining the attitude toward credit obligations. A borrower who has made payments on previous or current obligations in a timely manner represents a reduced risk...

Loan Programs  First Time Home BuyersWe understand the excitement and pressure that can be a part of your first home purchase. That is why we have trained professionals to help you get the information and  financing you need. There are several benefits available for your first home purchase. Give...

Mortgage Checklist  The following information is usually requested during the loan process.Your Social Security numberCurrent Pay stubs or if self employed, past two years of Tax returnsBank statements for past two monthsInvestment account statements for past two monthsLife Insurance policyRetire...

At one time or another many homeowners consider the possibility of a mortgage refinance for a number of reasons. For one, a Pennsylvania mortgage refinance affords the homeowner the opportunity to lower their interest rates and subsequently lower their monthly payment. Additionally, a mortgage re...

How to Get a Loan Approval Process     When you submit your application to a pennsylvania mortgage company for a mortgage loan we take the following steps:Verifying your amount of your income and the stability of your employment Verifying the amount of other debts you currently have Determining t...

Protecting Your Investment With A Pennsylvania Mortgage RefinanceA home is the biggest investment that most of us will ever make. And protecting that investment is paramount to our financial future. In fact, many young couples have dreams of owning their home outright one day so that they may set...