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	<title>Ted Canto</title>
	<link>http://tedcanto.com</link>
	<description>Just another WordPress weblog</description>
	<lastBuildDate>Wed, 08 Sep 2010 23:36:36 +0000</lastBuildDate>
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	<item>
		<title>USDA Home Loans in Arizona</title>
		<description><![CDATA[USDA Home Loans in Arizona
It is official, Academy Mortgage is at 100% capacity to issue loan approvals on USDA loans.  As of September 8, 2010, USDA&#8217;s GUS System is fully functional and we are accepting applications to get qualified for a USDA home loan. 
USDA Loan Requirements:

620 FICO Score
120% Median Income
3.50% Guarantee Fee **NEW** Used to [...]]]></description>
		<link>http://tedcanto.com/blog/usda-home-loans-in-arizona/</link>
			</item>
	<item>
		<title>HomePath Loans in Arizona</title>
		<description><![CDATA[Homepath Loan Summary. It provides the basic information about obtaining a HomePath loan. ]]></description>
		<link>http://tedcanto.com/buying-a-home/homepath-loans-in-arizona/</link>
			</item>
	<item>
		<title>Buying Properties From Foreclosure Auctions Is Tough!</title>
		<description><![CDATA[Buying Properties From Foreclosure Auctions Is Tough!
If you have been to the auction block thinking that you can and will get a deal, then you know it is no walk in the park.  In fact, you are dealing with professional buyers who purchase properties for cash only to sell them at a wholesale price or [...]]]></description>
		<link>http://tedcanto.com/blog/buying-properties-from-foreclosure-auctions-is-tough/</link>
			</item>
	<item>
		<title>Homebuyer&#8217;s Tax Credit Extended</title>
		<description><![CDATA[Homebuyer&#8217;s Tax Credit Extended
It&#8217;s OFFICIAL!!  They finally agreed on something and were able to do something right!
The Senate and Congress has finally sent President Obama a plan to give home buyers an extra three months to qualify for up t0 $8,000 in federal tax credits. Buyers who already have executed contracts prior to April 30th will [...]]]></description>
		<link>http://tedcanto.com/blog/homebuyers-tax-credit-extended/</link>
			</item>
	<item>
		<title>HomePath Financing is Available at Academy Mortgage, Arizona</title>
		<description><![CDATA[HomePath Financing is Available at Academy Mortgage, Arizona
If you are thinking about buying a home and FHA is not an attractive or viable option or better yet, the property does not meet FHA&#8217;s stringent requirements, you might want to think about using HomePath Financing by Fannie Mae.   For a while many lenders and brokers remained [...]]]></description>
		<link>http://tedcanto.com/blog/homepath-financing-is-available-at-academy-mortgage-arizona/</link>
			</item>
	<item>
		<title>Home Buyer Tax Credit To Expire on June 30th</title>
		<description><![CDATA[Home Buyer Tax Credit To Expire on June 30th
As you know, the Homebuyer Tax Credit is set to expire as of June 30th.  For those that were able to execute a contract at the end of April have until the end of June to qualify. 
 Be very aware of your pipelines and ensure that the lender that [...]]]></description>
		<link>http://tedcanto.com/blog/home-buyer-tax-credit-to-expire-on-june-30th/</link>
			</item>
	<item>
		<title>USDA Home Loan Financing Is Now Available</title>
		<description><![CDATA[USDA Home Loan Financing Is Now Available

Effective June 1, 2010, USDA Home Loan financing is available to homebuyers.  However there are some major changes to the program.
First: The USDA Funding Fee is no longer 2.00% (two percent)
Second: The &#8220;NEW&#8221; USDA Funding Fee is 3.50% (three and a half percent)
Third: The GUS System (Guarantee Underwriting System) [...]]]></description>
		<link>http://tedcanto.com/blog/usda-home-loan-financing-is-now-available/</link>
			</item>
	<item>
		<title>FHA Guideline Changes on April 5th, 2010</title>
		<description><![CDATA[On April 5, 2010, FHA will make sweeping changes that will affect how many potential homebuyers will be able to qualify for an FHA loan.]]></description>
		<link>http://tedcanto.com/blog/fha-changes-on-april-5th-2010-3-seller-contribution-maximum/</link>
			</item>
	<item>
		<title>FHA: Increase in Upfront Premiums for FHA Mortgage Insurance</title>
		<description><![CDATA[FHA: Increase in Upfront Premiums for FHA Mortgage Insurance
FHA’s Up Front Mortgage Insurance Premium (UFMIP) for purchases and refinances in the Arizona area will increase from the current 1.75% to 2.25%.  To remain eligible for the 1.75% UFMIP Factor, case numbers must be assigned before April 5. On a $200,000 loan FHA Mortgage Loan in Maricopa County, this is an [...]]]></description>
		<link>http://tedcanto.com/blog/fha-increase-in-upfront-premiums-for-fha-mortgage-insurance/</link>
			</item>
	<item>
		<title>USDA Rural Development Home Loan Program &#8211; Running out of funds</title>
		<description><![CDATA[USDA Rural Housing Program funds are running out and it seems there are no appropriations in the near future. ]]></description>
		<link>http://tedcanto.com/blog/usda-rural-development-home-loan-program-running-out-of-funds/</link>
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