FHA lending

Thinking of being a buyer of an Arizona home and planning to need a loan to make the purchase? If so and if you are thinking you will try and get a FHA loan there are new rules coming for borrowers. Here is the new  FHA update from one of our lenders. Currently Annual Mortgage [...]

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FHA Waives 90 Day Flip Rule

by benjaminteam on January 16, 2010

The govt has announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. This move was in an effort to stabilize home values and improve conditions in communities where foreclosure activity is high. The waiver will take effect on February 1, 2010 and is [...]

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