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Monthly Archives: January 2010

New Lending Policies Announced by FHA

Provided to you Exclusively by THE CANTO TEAM   For the week of Jan 25, 2010 | Vol. 8, Issue 4 Ted Canto Senior Mortgage Consultant Academy Mortgage Office: 480-344-3671 Cell: 480-650-8602 Fax: 480-374-6958 E-Mail: ted@tedcanto.com Website: www.tedcanto.com Going the extra mile is my standard, not the exception       Last Week in Review         “If…

$8000 & $6500 Tax Credit for Homebuyers

  $8000 & $6500 Tax Credit for Homebuyers If you are like many Americans thinking about buying a home and would like to learn more about the $8,000 & $6500 Tax Credit and have questions, you will find this post useful.  You are not alone but your time is running out.  April 25, 2010 is…

FHA Changes 2010

The Federal Housing Administration, which is supporting the housing market by insuring thousands of new mortgages every day, is expected to announce on Wednesday that it is tightening standards. Yes, its that time again folks.  FHA is making changes that will affect the housing industry, once more.  As most already know the mortgage industry is…

Improving your FICO / Credit Scores

Improving your FICO / Credit Scores For a long time, longer than I care to remember, FICO Scores aka credit scores have been an super secret formula where only the credit reporting bureaus (Experian, Transunion, Equifax) knew how they worked.  This, of course, is because they are the ones who created the system.  For too long,…

Loan Modification – Free Help

Loan Modification – Free Help The fact you are here and noticed the word “Free” makes you suspicious as most of us have heard some nightmare stories of how people are charging desperate homeowners, thousands ($1,000’s) of dollars, hoping to stay in their home and thwart off the possibilities of foreclosure. Unfortunately, some of these…

World News Brings Perspective

If you can’t see the newsletter, or would like to view it online, use this link If you have received this newsletter indirectly and would like to be added to our weekly distribution list, use this link Provided to you Exclusively by THE CANTO TEAM   For the week of Jan 18, 2010 | Vol. 8,…

90 Day FHA Flip Rule has been waived for 1 year!

FHA 90 Day Flip Rule Is Waived for 1 Year HUD has ruled on waiving the 90 day seasoning financing contingency for buyers. What does this mean? Effective February 1st 2010, FHA/ HUD will not require that a seller of a property be on title for 90 days or more in order to sell the…


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