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Mortgage Industry News

Mortgage Industry News

Real Estate Wire Fraud Is Rampant. Realtors, Buyers, Sellers, Lenders,...

Imagine arriving at the settlement agent's office for your closing. Everything went without a hitch: The buyer provided all documentation plus the Realtor®, closing attorney/title...

August 27, 2018 Read More

Mortgage Rates and an Improving Economy – How It Impacts...

The news has been circulating for a while. How many times will the Fed raise rates this year? Should I lock in a mortgage rate...

May 3, 2018 Read More

Looking for a No Money Down Purchase? USDA Changes Eligibility...

[vc_row][vc_column][vc_column_text]One of the least known, most misunderstood, yet beneficial mortgages is a USDA Guaranteed home loan. Many think of USDA Rural Development Guaranteed Loans for very low income,...

March 22, 2018 Read More

Capital Gains Home Exclusion Rules Help Sellers Profit

The 2018 income tax reform bill offers a lot of changes for taxpayers. Many are debating the pros versus cons of tax reform. The primary goal...

December 18, 2017 Read More

VA Compromise Sale Program: What You Need To Know To...

When financial hardship hits, it is important to analyze all options for potential relief. The VA Compromise Sale Program, offered by the Department of Veterans...

February 22, 2017 Read More

USDA Refinance Helps Homeowners Save Money

Rural Development loans have provided affordable payments with no down payment for years, but now good just became great. Homeowners with a USDA mortgage have the perfect...

October 28, 2016 Read More

FHA 100 Mile Rule for Rentals and Having Two FHA...

FHA 100 Mile Rule To have multiple FHA loans or use rental income on a departing residence, the FHA 100 mile rule must be followed. Often...

March 11, 2016 Read More

Site Requirements To Know Before Using A USDA Loan

USDA will not allow a property to have income producing buildings or farmland. You would think that The US Department of Agriculture would be okay...

June 12, 2015 Read More

Fannie Mae Now Excludes Revolving Debts Paid at Closing From...

For the last few years, even if a person pays off credit cards or lines of credit at closing or before, the payments must be...

June 7, 2015 Read More