First Time Home Buyers in Raleigh / Wake County no longer have to be under 80% of Adjusted Median Income to take advantage of this $8,000 Down Payment Assistance Program.
Because of the plethora of natural disasters across the country it occurred to me that there may be a lot of Buyers and Sellers whose purchase or sale or mortgage refinance has been delayed for reasons they simply do not understand. This post is intended to be an …
FEMA Declared Disaster Area – Loan Application in Process Read more »
Due to the recent crisis of confidence by mortgage investors the zero down-payment loan programs disappeared faster than a keg of beer at a frat party! Apart from VA and USDA Rural Development loans there are very few true 100% …
FHA Buyer Financed Closing Costs Financing of Transaction Costs for Real Estate Owned Properties (REO) Purchased under Federal Housing Administrations $100 Down Sales Incentive Click for mortgagee letter/details Related articles Underwriting Tip – FHA Gift Funds (theraleighmortgageguy.com) Buyers Receive up to 3.5% …
Underwriting Tip – FHA Buyer Financed Closing Costs Read more »