2010 January- Ted Canto

New Lending Policies Announced by FHA

Posted by admin on Jan 25th, 2010 | no comments home title

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

Posted by admin on Jan 25th, 2010 | no comments home title

$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 approaching and contrary to some people’s belief, the tax credit is not going to be extended again. ...

FHA Changes 2010

Posted by admin on Jan 21st, 2010 | 2 comments home title

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 rapidly and constantly changing, so the news does...

Improving your FICO / Credit Scores

Posted by admin on Jan 20th, 2010 | 1 comment home title

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, we all wondered how to improve our credit scores while mortgage professionals...

Loan Modification – Free Help

Posted by admin on Jan 20th, 2010 | no comments home title

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 modifcation companies do not deliver and keep the distressed...

World News Brings Perspective

Posted by admin on Jan 18th, 2010 | no comments home title

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, Issue 3 Ted Canto Senior...

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

Posted by admin on Jan 16th, 2010 | 2 comments home title

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 property to a borrower acquiring FHA financing. This is an incredible opportunity for the majority of buyers & sellers...