FHA: Buying After a Short Sale In Arizona – Academy Mortgage Allow me to introduce Academy Mortgage’s “Buying After a Short Sale Program” In Arizona. This may sound too good to be true but nonetheless, its true. We are now accepting and approving families who have a short sale in Arizona. To be very clear,…
USDA Loans: Watch Your Income Limits Per County In Arizona As the year kicks off to its start, it is a good time to ask your Arizona mortgage lender questions as to any changes in regulatory and guideline requirements. As we have all experienced in the last couple of years, home loans have had changes…
USDA: 2012 Total Household Income Matrix Every year HUD releases the country’s median income which can vary state to state and county to county. The USDA Guaranteed Home Loan Program requires that a Arizona home buyer’s total household income not exceed 115% of their county’s median income in Arizona. If you are looking into USDA…
As of today 12/23/11, FHA announced that the 90 Day Flip rule be waived and extended through 12/31/2012, unless otherwise withdrawn or extended by FHA in Arizona and California.
Congress Votes on the VA Funding Fe in Arizona and California Here we go again! The House passed HR 674 and the Senate is waiting to get the President’s signature. This bill will help to keep the VA Funding Fee at the current higher level through at least 2016. Real estate professionals will experience a…
FHA Raises Loan Limits in Arizona and California Finally U.S. lawmakers have used their heads and reached an agreement to increase the size of home loans backed by the FHA (Federal Housing Administration) over opposition from some of the “Don’t get it” House Republicans and free-market interest groups. Lawmakers drafted the bill to reconcile a…
HARP Refinance For An Upside Down Mortgage in California The upcoming HARP program; that will help American families like you on their upside down/underwater mortgages; will be released tentatively on November 15th. The HARP Program (Home Affordable Refinance Program) is designed to help home owners like yourself; who are opting to stay in their home…
HARP Refinance For An Upside Down Mortgage in Arizona The upcoming HARP program; that will help American families like you who have an upside down mortgage; will be released tentatively on November 15th. The HARP Program (Home Affordable Refinance Program) is designed to help home owners like yourself; who are opting to stay in their home in Phoenix, Scottsdale,…
