REFINANCE NOW!! FHA RATES STARTING AT 4.75%!!!

Take advantage of the lowest interest rates in years for FHA! Our quick and easy prequalification process will allow you to get your current loan or purchase of a new home done with these incredible rates!

Seller Paid Down Payment Assistance Bill

(September 16th 2008) A Bill that would save seller-funded down payment assistance from being eliminated on October 1 passed the House Financial Services Committee today on a voice vote amidst strong bipartisan support. The FHA Seller-Financed Down payment Reform and Risk-Based Pricing Authorization Act of 2008, or H.R. 6694, is expected to move to the floor for a full vote in the coming days.

The October 1 ban was written into law by President Bush when he signed H.R. 3221 Housing and Economic Recovery Act of 2008 on July 30, 2008. H.R. 6694 was introduced in the House of Representatives by Congressmen Green, Miller and Shays and Congresswoman Waters on July 31, 2008. If enacted into law, it will allow down payment assistance to continue indefinitely. Help support this bill by contacting your local senator and House Representative HERE!

Streamline FHA

FHA has permitted streamline refinances on insured mortgages since the early 1980's. The "streamline" refers only to the amount of documentation and underwriting that needs to be performed by the lender, and does not mean that there are no costs involved in the transaction. The basic requirements of a streamline refinance are:

• The mortgage to be refinanced must already be FHA insured.
• The mortgage to be refinanced should be current (not delinquent).
• The refinance is to result in a lowering of the borrower's monthly principal and interest payments.
• No cash may be taken out on mortgages refinanced using the streamline refinance process.

Call us now for how to get your simple streamline refinance done now to take advantage of the lowest interest rates in years.

With the recent government buy out of Freddie Mac and Fannie Mae, rates are falling to a record low. This recent change will incorporate FHA loan security, as your FHA loan will be guaranteed by the US Government. Contact us directly via telephone or simply fill out our form for all of the details!

Down Payment Assistance

With the recent elimination of seller paid down payment programs by FHA, we have strived to provide our borrowers with options to helping them with the down payment assistance through true non for profit government organizations. Our loan experts can assist you now in finding the right program for your home buying needs. Contact us now for how to start the process of buying a new home.

Smart Home financing, Smart Home Shopping with our Realty Experts

Utilize our extensive network of realty experts who can structure and facilitate your home buying experience into a simple and a memorable experience. Our network of realty professionals are very knowledgeable of how FHA loans work and how to structure your purchase to make the loan and home hunting process go smoothly. Call us now to apply and begin your home hunting!