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To all loansafe members: Today the White House announced they are cutting the mortgage fees charged by the Federal Housing Administrations Refinancing program in another effort to help the languishing housing market recover. President Obama announced ...
Started by on , 14 posts by 6 people.  
I'll update the post with VA changes as well....
A mortgage insurance.the loan officer told me i could do a FHA or conventional loan and he told me Cat for FHA streamlines, this really is going to help out those borrowers significantly.
I want to know if mortgage brokers have incentive to steer me away from FHA or is their commission the same as with a conventional loan.
Started by on , 8 posts by 3 people.  
Answer Snippets (Read the full thread at redfin):
FHA's | Redfin Partner....
So it sounds like FHA is the best loan from the mortgage broker standpoint.
FHA loans have a very high Yield Spread Premium a little better.
Intentions to keep mortgage compensation under control.
I am wondering if, on FHA loans, it is required to put the monthly Mortgage Insurance amount on line 1003 of the HUD-1 Settlement Statement? Thanks.
Started by on , 4 posts by 2 people.  
However, I have a LOS that does not allow us to print the FHA monthly MI.
That is what I thought.
Ask your Facebook Friends
I am wondering if, on FHA loans, it is required to put the monthly Mortgage Insurance amount on line 1003 of the HUD-1 Settlement Statement? Thanks.
Started by on , 2 posts by 2 people.  
You should show the monthly amount even though you are not collecting any in the escrow. .
We are in need of an experienced mortgage broker or bank in which to obtain an FHA 203K loan. Any referrals would be greatly appreciate. Thanks.
Started by on , 4 posts by 4 people.  
Answer Snippets (Read the full thread at redfin):
He also handled my.
I trust her--so I trust him.
Me Bill Maggio is a trusted mortgage consultant.
How much money will I need in the bank for a FHA mortgage? We are looking in the $100,000 range. Just wondering how much we will need for the 3.5% + closing. Just a ball park figure. Also, do we have to have reserves in the bank too?
Started by on , 1 posts by 1 people.  
Answer Snippets (Read the full thread at yahoo):
I am confused in MN and not sure what to do My background. I currently have an FHA loan through Wellsfargo only a 1st Mortgage. I am very much underwater. I am current on all of my payments. I am getting married in Aug and am relocating to a new job (...
Started by on , 4 posts by 2 people.  
Because I have an FHA, are those usually re-course ....
FHA loan guarantee is for the protection Minnesota Law On Deficiency Judgements Thank you for the information.
Members here who have walked away from their FHA mortgage..
Hoping to run a scenario/numbers by someone who does FHA purchases. PM me or I can email as well...thanks!
Started by on , 2 posts by 2 people.  
Answer Snippets (Read the full thread at thenest):
It's been a few years since I've done them so laws have changed but if no one else can help you or it's just numbers, feel free to PM me. .
I am confused in MN and not sure what to do My background. I currently have an FHA loan through Wellsfargo only a 1st Mortgage. I am very much underwater. I am current on all of my payments. I am getting married in Aug and am relocating to a new job (...
Started by on , 3 posts by 2 people.  
Because I have an FHA, are those usually re-course loans? Has anyone had a foreclosure with an FHA Loan?.
Minnesota Law On Deficiency Judgements Thank you for the information .
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Started by on , 1 posts by 1 people.  
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