Archive for August, 2008

The FHA Short Refinance Can Help You Get The Bank To Take A Short Payoff On Your Mortgage

SHORT REFINANCE FHA SECURE, HOW TO GET THE BANK TO DISCOUNT YOUR MORTGAGE In Arizona we have been seeing record numbers of foreclosures, record numbers of bank repos and record numbers of short sales.  Homeowners are faced with rising mortgage payments when t...

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Down Payment Assistance For FHA ELIMINATED

Down Payment Assistance for FHA Mortgage Loan Programs is being eliminated on October 1, 2008.  Many lenders who had accepted Down Payment Assistance for FHA buyers have stopped accepting applications on the product. On July 30, 2008 the President signed into...

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Is FHA Secure The Bad Credit Mortgage?

Is FHA Secure a Bad Credit Mortgage? Is it the Foreclosure Refinance? These are two very popular questions I’ve been getting about the FHA Secure Short Refinance Loan so let’s look at these mortgage questions one at a time. Is FHA Secure a Bad Cred...

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