"If you are really being offered that rate you should jump on it NOW! Based on today's pricing I would be below par with those numbers."    View Post

"There is a link to an article on this forum that indicates very strongly that it won't be extended. You've got until the end of April to find a house to qualify for the tax credit."    View Post

"If his name is on the account and he has made deposits you will have some difficulty. You will need to provide a letter of explaination to your lender and he will have to provide a letter stating that you have full use and access of all funds in the bank account. He might also have to provide a gift letter. Additionally, you will have to source all deposits into the account. Even then it will be up to the underwriters discretion as to what funds will be allowed to be used. If you are very tight on..."    View Post

"The sale of the mortgage from one servicer to another doesn't change any of the terms of the mortgage. You are still obligated for all the money you owe."    View Post

"Not sure where you are getting your information from, but FHA loans ALWAYS have PMI. Upfront PMI of 1.75% of the base loan amount (which can be financed into the new loan) and monthly PMI. The only time you can get the monthly PMI waived is when the LTV goes to 78% of the original loan amounth. As far as appraisal re-consideration goes, it is very, very difficult to get done today. Realtors telling you what they would list your house for is meaningless and the county tax assesor is not an accurate..."    View Post