Obama Refinance To Allow Up To 125% LTV |
| 7/1/2009 8:55:33 PM |
| Arizona Obama Refinance To 125% Announced Today, it was announced by HUD Secretary Shaun Donovan that people who owed more than 105% of what their home was worth could now refinance up to 125% of the home's value. This means that people all over Arizona can now refinance their home even if they owe more than it is worth -- up to 125% of the home's value. This expansion to the... Read More |
|
|
|
|
|
|
|
|
|
Should you pay an upfront cost for loan modification? |
| 4/28/2009 2:14:37 PM |
Many people are wondering if it is possible when getting an Arizona loan modification done to not pay an up-front fee.
It is if you know where to look!
When shopping for someone to help you with your loan modification, be sure to get a full disclosure for all of the fees that you will pay -- and be sure that you are aware of what you are going to be paying for.
The worst thing... Read More |
|
|
|
|
|
|
|
|
|
|
What Happens If You Have Too Much Credit Card Debt? |
| 4/18/2009 2:50:23 PM |
At what point do you throw up your arms and just say "I need credit card debt relief"? What happens if you have too much credit card debt and not enough money to pay your minimum payments anymore?
You may want to look into something called debt settlement - it is the process of hiring a lawyer to negotiate on your behalf with the credit card companies to pay less... Read More |
|
|
|
|
|
|
|
|
|
|
The VA Streamline Refinance |
| 4/18/2009 8:03:40 AM |
A close cousin to the FHA streamline refinance is the VA streamline refinance aka the VA IRRRL. The VA streamline is only available to veterans who currently have a VA loan at a higher-than-market interest rate.
Should you still have questions, a loan officer who is an expert in the VA IRRRL program is only a phone call away - call anytime to be connected and get your questions... Read More |
|
|
|
|
|
|
| |
|
|
FHA Streamline: Still Popular |
| 4/14/2009 8:02:29 PM |
For people who have FHA loans, the FHA streamline program is one of the best ways to lower your monthly mortgage payment. The FHA streamline program has gotten quite a bit of positive press lately -- and with good reason: it is one of the few programs that you can actually lower your interest rate even if you owe more than your home is worth.
Your best bet for an FHA... Read More |
|
|
|
|
|
|
| |
|
|
The Obama Refinance Plan |
| 4/13/2009 10:43:59 PM |
The new refinance plan that everyone is talking about is also known as the making home affordable plan.
The Making Home Affordable program details wereannounced on March 4, 2009 and the Making Home Affordable plan isintended to help 9 million struggling homeowners avoid foreclosure. Thetruth of the plan is that it leaves out tens of thousands of borrowersright here in Arizona... Read More |
|
|
|
|
|
|
| |
|
|
Arizona FHA Mortgage Options |
| 4/11/2009 9:00:00 PM |
Have you seen the great deals on properties in Arizona? There are quite a few houses selling in Queen Creek for below $100,000. These aren't dumps - they are Arizona FHA financing eligible properties!
There are FHA loan programs available whether you are refinancing an existing FHA loan or buying a brand new house with an FHA loan.
FHA loan highlights include:
- 3.5% down payment... Read More
|
|
|
|
|
|
|
| |
|
|
FHA Reverse Mortgage - Popular With Seniors |
| 4/10/2009 6:59:28 PM |
As the economy struggles, many seniors are turning to an Arizona reverse mortgage to make ends meet every month. The FHA reverse mortgage program is easy to qualify for if you are at least age 62 and have equity in your property.
Some of the highlights of the FHA reverse mortgage program that is insured by FHA include:- Make no mortgage payments as long as you live in the home
- Ge... Read More
|
|
|
|
|
|
|
| |
|
|
Arizona Credit Counseling |
| 4/9/2009 10:09:20 PM |
Arizona Credit CounselingArizona Credit Counseling We receive quite a few questions about credit counseling including: - What is Arizona Credit Counseling and how does it work?
- Is credit counseling the best choice for debt relief or should I consider other alternatives?
Arizona Credit Counseling: Things to Know Although many Arizona credit counseling organizations claimnon-profit... Read More |
|
|
|
|
|
|
| |
|
|
Can I Get A Mortgage Loan With Bad Credit? |
| 4/9/2009 11:16:57 AM |
Many times, the people that I speak with have bad credit and arewondering if they can repair bad credit and get a mortgage and how long the process takes. Some even wonder if they can get a mortgage without repairing their bad credit first. The short answer to the question of "can I get a mortgage with bad credit?" is "no". But... There is good news. You can... Read More |
|
|
|
|
|
|
| |
|
|
Arizona Mortgage Rates for April 9 2009 |
| 4/9/2009 10:48:50 AM |
Arizona Mortgage Rates for April 9 2009
Rates are lower than they have been in a while, are you still sitting on the fence? If it isn't time to get off the fence, it is at least time to start *thinking* of getting off the fence. If you can currently lock in a rate that is lower than 5% on a 30 year fixed rate loan, that is something we haven't seen in quite some time.
And... Read More |
|
|
|
|
|
|
| |
|
|
Insurance and Home Buying |
| 4/8/2009 7:51:18 PM |
It may not seem like many people are buying new homes, but even economic downturns never kill real estate completely, and there is a kind of security in home ownership that renting simply does not provide. When shopping for your new home, however, it's important to factor in the cost of insuring your home, since your lender will require you to carry it.
When looking at... Read More |
|
|
|
|
|
|
| |
|
|
Arizona FHA 203k Streamline Program |
| 4/5/2009 10:22:52 AM |
With more homes owned by banks here in Arizona, the Arizona FHA 203k loan program is becoming popular with people who want to buy one of these homes that might be in need of a few repairs.
The FHA 203k streamline loan program has been around for years - but many people didn't know it because there hasn't really been that many properties that were sold that were in need of... Read More |
|
|
|
|
|
|
| |
|
|
If you have bad credit can you still get a mortgage? |
| 4/3/2009 5:10:09 PM |
Is it possible to get a mortgage if you have bad credit? Kind of. You might need to do a little work on your credit report first, but any mortgage lender who has experience with helping people with an Arizona bad credit mortgage option should be able to help you.
One thing that many people are doing to help them protect their credit is to sign up for a service like Equifax's... Read More |
|
|
|
|
|
|
| |
|
|
Home Path Mortgage Program |
| 4/3/2009 6:43:17 AM |
| In an effort to try to reduce the number of homes that it now owns, Fannie Mae has come up with a new financing package called the HomePath mortgage financing program. The HomePath mortgage program is designed for people who are going to buy a home from Fannie Mae and live in it as their primary residence. Just a couple of the benefits to the program include no mortgage... Read More |
|
|
|
|
|
|
| |
|
|
Bankruptcy in Arizona |
| 4/1/2009 10:37:29 AM |
Are you considering filing for bankruptcy in Arizona?
Be sure that you know your options first.
Bankruptcy is a last resort. If you are considering bankruptcy, you should also consider Debt Settlement. Changesin the bankruptcy laws make it more difficult for many Americans todischarge or liquidate debt. Not only are they forced into long-termrepayment of at least a portion of... Read More |
|
|
|
|
|
|
| |
|
|
8000 Tax Credit For New Homebuyers |
| 3/31/2009 8:24:39 PM |
Many people who are thinking of buying a home are wondering about the 8000 tax credit that is now in effect for 2009.
Some of the highlights of the 8000 tax credit include:
- It is only available for the 2009 year
- It doesn't have to be paid back
- It is a direct credit - meaning you don't have to pay it back.
Do you have more questions about the 8000 tax credit? Be sure to ask your... Read More |
|
|
|
|
|
|
| |
|
|
Is now the time to refinance? |
| 3/29/2009 11:52:38 AM |
Arizona refinance options are still available today -- even though they are quite different than they were just a few years ago. It used to be much easier to refinance your house than it is today. Now when you refinance your house, be prepared todocument your income fully, have equity in your property and havecredit scores better than 620. Popular Refinance Programs In the... Read More |
|
|
|
|
|
|
| |
|
|
California Loan Modification |
| 3/26/2009 8:38:12 PM |
Many people who live in California and owe more than their home is currently worth are exploring their California loan modification options.
Here are some words from an experienced California loan modification attorney that you may find helpful:
Herein California, our Department of Real Estate website (dub dub dub dotdre dot gov) lists the companies that have DRE “permission”... Read More |
|
|
|
|
|
|
| |
|
|
Do you need to work with a loan modification attorney to get your loan modified? |
| 3/20/2009 2:01:20 PM |
Should you work with a loan modification attorney to get your loan modified?
It depends.
The people who work at the lender are negotiators, and need to protect the interests of their employers. The loan modification process is a legal process, and if not handled properly according to federal and state laws, things can get worse for you in the long run.
Good loan modification... Read More |
|
|
|
|
|
|
| |
|
|
