A big change took effect on March 15th for FHA loans to lower the risks of future large defaults. This change will affect lower credit applicants whose Debt To Income…
Category: First-Time Home Buyer
'Deteriorating Rate' messages from banks have become routinely!
The time to wait is over! You may have very little time to refinance your property. Since September the Fed has increased rates multiple times, the last being in December.…
FHA Update Regarding Condominiums
As of August 31st, 2019, there are no approved FHA condo’s in Miami Dade or Broward Counties because they don’t qualify or have let their qualifications expire. This has been…
Standard Mortgage: 20% Down False impression
While speaking to a client today, I realized that there is a lot of misunderstanding when it comes to a Conventional mortgage and the pros and cons that they have…