Showing related tags and posts accross the entire site.
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I am able to go below 600 for FHA streamline w/o appraisal. I work for Bank of America Retail Mortgage and have access to many options not available to the correspondents. Also note that my branch has internal operations, and not victim to the extended turntimes. Let me know if there is any way to assist...
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Is the broker or lender using either an FHA 203K product or the Fannie Mae HomeStyle Renovation product?
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[Scenario] I was hit with medical bills and want to buy a home. I found out I was in default when I went to buy this home. Since then I paid off all my late bills. My creadit score does not reflect my reliability or ability to pay my debts. I would be willing to pay a higher intrest rate and can come...
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[quote user="Gary Paetzold"]From what I understand the only time the MI changes on a FHA 30 YR loan is when the LTV exceeds 95 ltv. [/quote] I stand corrected (well sit corrected actually). I'd forgotten that the new ML changing the UFMIP also allowed for a slightly lower monthly MIP if...
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Just a heads up, I've been talking to FHA and they should be posting a new ML stating your can do a FHA Streamline without an appraisal using the 2008 loan limits in 2009. Should open up some deals for purchases or refi's from last summer. Just FYI if you've got deals that won't work...