by mortgageadmin | Feb 25, 2023 | FHA Financing, Uncategorized
New FHA Mortgage Insurance Premium Rates The FHA mortgage program has been extremely successful. The program is more than solvent and that has allowed HUD to lower the monthly mortgage insurance premiums at a time when home affordability is stressed with higher...
by mortgageadmin | Apr 3, 2020 | Mortgage News, Uncategorized
**Mortgage Banking Update During Corona Virus** We have felt a lot of pain in the mortgage industry to say the least, but it’s still nothing compared those families who are suffering losses and the first responders who are trying to save life after life...
by mortgageadmin | Oct 25, 2018 | Mortgage Guidelines, Mortgage News
Attention Real Estate Agents! Chances are your loan originator partners are not utilizing the first time home buyer program for Florida called the Mortgage Credit Certificate program or MCC for short. I’m actually amazed at the number of agents who don’t...
by mortgageadmin | Jun 26, 2018 | manufactured homes, Uncategorized
**Important Update for Financing Manufactured Homes** “We no longer require an engineer report when borrowers utilize conventional financing!!” Coast 2 Coast Lending (a division of Hamilton Group Funding) has updated our Manufactured Home guidelines:...
by mortgageadmin | Jun 22, 2018 | USDA Rural Development
The USDA has increased the income limits for their $0 down home loan program! For almost all of the counties in Florida the new USDA income limits for a household of 4 or less is $82,700. For a 5-8 person household the new income limit is $109,150. 1- 4 person...