1) Limited Funds. There is a certain amount allocated each year by congress and getting additional funds allocated in the 4th Quarter to off set shortfalls is HIGHLY unlikely giving the on-going battle over deficit spending. With the increased demand for FHA loans brought on by QRM (Quantitative Risk Management) which is looming and likely to happen there will be an increased demand for FHA Mortgages for their lower down payment requirements. Increased demand for something with limited supply forces prices higher. In short; the 4th Quarter of 2011 could see far less and far more expensive financing for those with less then 20% down. 2) Limited Funds.  The FHA does not have sufficient reserves so they increased the amount of their MIP (Mortgage Insurance Premiums) to increase reserves ... 07/25/2011

  No Money Down Rural Housing USDA Loans in Brooksville Florida are back and fully funded. The new sub-prime loans of today are the government backed or sponsored loans. The FHA Loan is one we are all familiar with but how many of you know about the USDA Rural Housing Loan.  Here's how it works 100% financing on homes located in certain geographical area's with borrower's who are in certain income ranges. That's it! Use this link to see if the property qualifies by falling into one of the designated geographical area's http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do Remember when income qualifying to use the income of the ENTIRE family. Seller can pay up to 6% of buyers closing cost The 3.5% Guarantee Fee is included (Financed) in with the loan amount 100% of borrowers ... 05/16/2011

FHA 203K Rehab/Home Improvement Loan in Hernando County Florida with all the Bank-Owned, Foreclosure, Short Sale and Aging properties on the market today the 203k loan is becoming the answer on a growing number of real estate purchase transactions. This HUD approved FHA 203k loan gives buyers the MONEY they need for property repairs and Improvements at closing. It's an FHA loan that requires only 3.5% down at closing. All homes are sold AS-IS and an escrow account is set up to pay for the improvements. Everyone is winning with this program. My company an I offer a 1 hour training class at no cost by a HUD Certified 203K Instructor that is done at your office for anyone who is interested in hearing more about the 203k loan program.    03/28/2011

100% Financing through USDA/Hernando County Florida Rural Housing Development Loans  620+ Credit Scores No Monthly Mortgage Insurance Required 100% Financing + 3.5% Guarantee Fee can be Financed In 6% Seller Contributions Allowed GUS (Guaranteed Underwriting System) Approval Required Guaranteed Rural Housing Loan Program The Rural Housing Service (RHS) Program provides very low and low to moderate income rural residents with better access to affordable home financing with little or NO DOWN PAYMENT or OUT-OF-POCKET cost. Borrowers may obtain a loan to purchase a new or existing home that is located in a designated rural area. A rural community generally has a population of 10,000 or less; however some larger communities out side a Metropolitan Statistical Area can be considered RURAL. T... 03/28/2011

Federal Housing Grants Available In Pasco County Florida Federal Housing Grants were approved by the Obama Administration in response to the ailing housing market on December 23rd 2010. In an effort to help families find decent housing and to prevent future foreclosures the Obama administration announced nearly $73 Million in housing counseling grants to more than 500 national, regional and local organizations. As a result of the funding announced, hundreds of thousands of households will have a greater opportunity to find housing or keep the homes they have because of the housing counseling and counseling training grants awarded by the U.S. Housing and Urban Development Secretary Shaun Donovan. For a list of all Federal Housing Grants, organized by state, visit: http://portal.hud.gov/... 03/06/2011