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FHA mortgage loans are an excellent source of financing in the State of New Jersey, North Jersey and South Jersey alike. FHA loans are a government insured loan that tends to be a little more lenient credit-wise than traditional Fannie Mae financing. With purchase money financing with just 3.5% d...
11/12/2009
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Implementation of FHA's new policy guidance for condominium project approval and condo unit financing will be delayed until December 7th 2009. The new guidance, to be issued within the next two weeks, will: 1) offer additional leniencies to address the difficult market conditions and 2) augmen...
10/22/2009
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Here is a very interesting article about the FHA Streamline 203k program written by Fred Chamberlain of Eugene, OR. It's the straight scoop on what you can and can not do with these Fixer-upper loans. Not only is this a great mortgage on the west coast, but could be extremely helpful right here i...
10/21/2009
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I recently had the opportunity to meet with Larry Montani who is our company's top producer and consistently one of the top producers nationally. He shared with me his "Top Ten Percent" strategies to becoming a top 10% performer. I'm sure there are a few ideas here we've all heard before, but so...
10/07/2009