When Does FHA PMI Get Cancelled?
If you are considering a Refinance of your FHA Home Loan, like many folks in North Carolina, we need to talk about when you closed on your mortgage. Because FHA is really just a giant insurance...
View ArticleFHA Streamline Refinance of Investment Property
Mortgage rates have dropped again this week. Meaning, it’s time to Refinance that Rental home, and get a better cash flow! If you’ve been looking for a Bank that offers the FHA Streamline Refinance of...
View ArticleFHA Streamline Refinance Case Numbers
We think the practice that we are seeing in a PERVASIVE manor (outlined below) is unethical. This is a HUGE problem right now for folks who called around for information and rate quotes for a FHA...
View ArticleFHA PMI Rates 2015
FHA announced that despite some skeptics in Congress, FHA will lower the FHA PMI Rates on January 26th. The new rates are going down by almost 1/2%. Because of this reduction, new home buyers will...
View ArticleMortgage Rates for March 2015
The NASDAQ just hit 5000 for the first time in 15 years. Which is great news for Technology Stocks in general, and we wanted to see what effect the Economy is having on Mortgage Rates going into...
View ArticleFHA and Non-Occupying Borrower in NC
Jaquitha called us today and wanted to know if her Aunt could help her buy a home in Rocky Mount. Jaquitha is recently graduated from college, and she has a stack of Student Loans, but most of them...
View ArticleFHA PMI Rate Chart 2016
FHA PMI Rates 2016 are lower than they have been for many years. This is a great move, and is possible only because the FHA PMI fund is now in “positive” territory, and they did not have to request...
View ArticleFHA PMI Rates 2018
FHA PMI Rates 2018 are lower than they have been for many years. This is a great move, and is possible only because the FHA PMI fund is now in “positive” territory, and they did not have to request...
View ArticleFHA Underwriting Guidelines for NC
We talk to people everyday who have questions about qualifying for a FHA Mortgage Loan in NC. FHA Underwriting Guidelines, are actually pretty straightforward. Unlike qualifying for a VA Mortgage...
View ArticleFHA Streamline Refinance Rates For Loans Endorsed AFTER May 31, 2009
The new FHA Streamline Refinance Program that will begin on June 11, 2012 includes a special tier of FHA PMI rates for mortgage loans that were “Endorsed by FHA on or before May 31, 2009.” But what if...
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