Both Rates are locked and I need to choose for sure in a few days.
I can either get an FHA loan with at 5.5% interest with a 5.79% APR including insurance and only 10% down or a 5.5% interest loan at 5.6% APR with 20% down.
They are both 15 year mortgages. I am wondering [...]

I got a letter in the mail from Metro Finance (my mortgage is through CountryWide) saying that our FHA home loan is due for a payment reduction.
It reads, "Additionally, as a part of this FHA payment reduction an din conjuction with the American Recovery and Reinvestment Act of 2009, you will not have a payment [...]

Here’s the tale, I cosigned for a friend for her home since she would not qualify for a mortgage on her own. The agreement was she was supposed to remove me from the mortgage after one year by either refinancing or selling the home for profit. Well now it’s been 5 years and she [...]

Tried refinancing with Fha lender, didn’t work out because no value to our property right now with market so terrible.
What other options can be done? Any suggestions?
Thanks

Tags: escrow account, fha lender, fha loan, fha mortgage loan, hamp, mortgage loan modification, mortgage loan requirements, real estate, Refinance with FHA

I keep getting letters in the mail offering to refinance my home. I have 6.0% interest and have owned my home for two years. Currently, my mortgage payment (FHA) is 06.87, which includes per month Mortgage Insurance Premium, real estate taxes, homeowner’s insurance, etc. The letters I keep getting claim that I would be [...]

about ,000. Is this high? I was told to expect lower than usual closing costs with this streamlined refinance (i.e. no appraisal needed, no employment verification, etc).

Tags: anchorage, blog archive, buying a house, closing costs, creativity, credit crunch, diamond, employment verification, FHA Refinance, home buying, lehigh acres, los cabos, mortgage, receipt, spec work, sq ft, [...]

Like many unfortunate loons, i too am going to be coming off a temporary 2yr. fixed on my mtg unless I slip into a new refinance job. Question is, I also have a heloc which I’ve used unwisely to the hilt. Yes, the house looks nice, but I’m about to price myself out [...]

Will that keep the lender from coming after us? We refinanced seven months ago and now we do not want the house anymore this is an FHA secured loan.

Tags: bedford nh, blog archive, bond issuers, brown california, chatr, commercial real estate, FHA Secure, fha secured loan, loan mortgage, mortgage loans, nam news, news network, seven [...]

I have an adjustable mortgage and want to avail refinancing to current low rate. My mortgager is selling me an FHA loan instead pending appraisal. I have not defaulted till date and do not know what to do. My home unfortunately is not held by the FM’s. Had it been the case I would have [...]

I currently own and reside in my 2 family home in Mass. I want to refinance with cash out. Also I want to get another FHA loan to buy a home in Florida. I plot on moving to Florida within the next couple of months.
My question is will I be [...]