Sunday, February 22, 2009

Please Spare Me Your FHA Mortgage Training

Your FHA loan trainer doesn't know what he is talking about. The FHA trainer doesn't do anything but sing an FHA song about the 4155.1

Please take your FHA loan training and move on to another FHA training concert. I will check back to see if you FHA loan training has ceased.

Thursday, December 25, 2008

Seeking FHA Lender For FHA Refinance at 5%

Where can I find and FHA refinance lender for a 5% rate. I require that I do not pay for an appraisal so don't try to tell me that I have to pay for an FHA appraisal to refinance my rate down to 5%. I am not falling for the pay for an appraisal on an FHA loan. That just tells me that you are an FHA loan officer that doesn not understand where to find FHA streamline underwriting guidelines for the 5% rate on FHA loans. You are one FHA loan officer that I will not work with becuase I demand an FHA refinance at 5% without and FHA appraisal. I suppose my search continues. Please post a comment if you know an FHA loan officer that I shoudl work with. Than you.

Sunday, December 7, 2008

Refinancing with Hope For Homeowners

Many people have heard of the FHA short refinance option touted by the FHA called 'Hope For Homeowners'. While the loan modification remains the most likley workout option for homeownesr facing foreclosure, there is also hope that the FHA loan refinances for lower principal reductions will pick up in 2009. Stay tuned for more of the latest and greatest news on Hope For Homeowners.

FHA Florida Refinances are also on the rise. This can include a principal reduction through the FHA loan program in Florida.

Thursday, October 2, 2008

FHA Short Refinance Continued

The FHA short refinance is the topic of the day as millions of homeowners upside down in their mortage loan are considering the best alternatives. It remains to be seen if the bailout will be passed by the House tonight, although some changes are surely on the way and the FHA short refinance is among them.

FHA short refinances are taking place and have been a vehicle for the mortgaeg industry and various loss mitigation alternatives. We will review the FHA short refinance in more detail as this is an ongoing story.


Saturday, September 27, 2008

Bailouts & FHA Short Refinances

The recent discussions this weekend regarding the government bailout of what would appear to be the banking industry and not the average American has some wondering about the affects of the Housing Legislation for FHA short refinances. The government will be bailout out the banks with $700 billion and then bailout out again with the FHA short refinance program. To me that seems like a double bailout and at the expense of the FHA refinance program. The part that I am viewing favorably is when the FHA borrower gets a discounted payoff or short payoff and that is what is really the focus of the meaning of blog.

FHA short refinances are soon to be a discussion topic. I will be watching the housing legislation passing this weekend and report more on how that will affect those seeking to refinance through a short payoff under the FHA program.

FHA Short Refinance commentary is appreciated. Thank you.

Thursday, September 25, 2008

Did Someone Say FHA short Refinance?

I might be hearing things. I thought I heard FHA refinance short or FHA short refinance. I may be mistaken. There is a lot of FHA refinancing that is short funds to close. Property values have declined and the FHA short Refinance is the flavor of the day.

FHA short Refinances

Thursday, September 18, 2008

Bank Mortgage Domain Names for Loan Referrals

WWW.AVOIDBANK.COM is a way to avoid the bank and create a mortgage type of website that is also considered WWW.AVOIDBANKS.COM which is basicaly another way to same the same thing. You cab also WWW.AVOIDTHEBANK.COM or avoid the bank entirely by getting a mortgage loan outside of the bank.

WWW.BANK-REFERRALS.COM is really what the loan or mortgage broker is trying to do when he or she is soliciting for mortgage business that was turned down from a banker or the bank. The appropriate website for the type of bank lending is one that has a bank referral or WWW.BANKREFERRALS.COM

Some other mortgage domains are to be found in other loan website locations around the mortgage lending arena. One curiousity is a mortgage domain that is personal and about mortgage loan officers who do mortgage loans and create a website to boot.