Tag Archives: FHA financing

Using a VA Insured Mortgage to Purchase a Home After a Short Sale

April 7, 2012 by Charles Dailey 0 Comments

I have had a lot of people ask me about how to buy a home after a short sale using FHA financing but it’s becoming more and more common that people are considering buying a home after a short sale using financing insured by the Veteran’s Administration.  These guidelines use to be murky but the [...]

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Financing, Real Estate, Uncategorized
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FHA Seller Paid Closing Costs Reduction Announced

January 22, 2012 by Charles Dailey 1 Comment

To much fanfare, FHA announced measures to better protect their insurance fund in a recent Final Ruling published in the Federal Register.  Slipped in as a footnote to this announcement was a declaration that FHA is deaf to the concerns of the real estate industry.  They are taking aim to again attempt to reduce the [...]

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FHA, Financing, Real Estate
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FHA Mortgages: Enough Already!

January 13, 2012 by Sherri Sherpy 4 Comments

Borrowers are going to pay more for an FHA loan in 2012.  FHA mortgage insurance premiums are going up AGAIN.  This change could possibly take an approved loan file straight to the DENIED bin. The recent, signed legislation to extend the payroll tax deduction means an increase in FHA’s mortgage insurance premium.  The FHA (Federal [...]

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FHA, Financing, mortgage insurance
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