Need To Order An FHA Certified Home Appraisal?
Bill Cobb, CREA
P.O. Box 40515, Baton Rouge, LA 70835
225-293-1500 (Office)
1-888-678-3544 (Toll-Free Phone)
1-866-663-6065 (Toll-Free Fax)
225-953-0638 (Mobile)
http://www.getfastvalue.com (Website)
fastvalue2@cox.net (Email)
http://fhaappraiserbatonrouge.info/ - Baton Rouge FHA Loan Requirements
Source: Maria Mbura
If you are planning on buying a home, then it is to your benefit to look at what FHA offers and what are the FHA loan requirements. Many people in America have benefited by owning their own homes thanks to FHA home loans. They have been instrumental [...]
The HOPE for Homeowners program was authorized by the Economic and Housing Recovery Act of 2008. Since the President signed this vital legislation into law on July 30, 2008, the HOPE for Homeowners Board of Directors has worked diligently to develop and implement the program as directed by Congress. The Board was charged with establishing underwriting standards to ensure borrowers, after any write-down in principal, have a reasonable ability to repay their new FHA-insured mortgage.
The HOPE for Homeowners program begins today and ends September 30, 2011. The program is available only to owner occupants and will offer 30-year fixed rate mortgages - so the borrower’s last payment will be the same as the first payment. In many cases, to avoid what would be an even costlier foreclosure, banks will have to write down the existing mortgage to 90 percent of the new appraised value of the home.
http://fhaappraiserbatonrouge.info/ - Baton Rouge FHA Reverse Mortgage: FHA Sets National Loan Limit for Reverse Mortgage Program at $417,000
Source: FHA Mortgage Guide
If you are 62 or older and have been considering a reverse mortgage, the FHA and HUD just approved a new national limit of $417,000 for HECMs. The new limit is not set in stone [...]
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