Here is an important underwriting change for FHA loans. At the moment, collection accounts do not have to be paid to qualify for an FHA loan...
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How the FHA Increase Will Affect You
HUD just announced that they are increasing the up-front mortgage insurance premium and the annual mortgage insurance premium for FHA loans ...
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Use Credit to Have Good Credit
In order to have good credit scores, you need to use credit. The credit bureaus (TransUnion, Experian, and Equifax) do not give good credit...
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Great News about Mortgage Insurance
Want some great news regarding mortgage insurance for conventional loans? How about this? • The maximum allowable debt-to-income ratio (DTI)...
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Earnest Money and CHFA Loans
CHFA (Colorado Housing and Finance Authority) offers down payment and closing cost assistance for Colorado home buyers and they only require...
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