Entries from Dan Melson's Website tagged with 'fha'

New Consumer Article September 2, 2008

Today's new consumer article is All Buyer Assistance Programs Require Full Documentation of Income, in which I go over one requirement of all government programs, first time buyer programs, and all other programs where a consumer is getting assistance to...

New Temporary FHA Conforming Loan Limits Announced!

Got an email alerting me to this fact. The e-mail was gobbledegook as far as making any sense but I went to the FHA home page and they had better information. It appears as if the FHA, through OFHEO,...

Down Payment Assistance: Buying FHA With No Money Down Doesn't Require 100% Financing!

Somebody who's only looked at the specifications for the FHA purchase program will ask me if I'm on drugs. The answer is yes, I have taken my allergy medication today, but there really are ways to purchase a property...

The FHA Secure Program - Saving Some Homeowners From Foreclosure

This is a temporary program, launched by President Bush and Congress a few months ago. Its goal is to prevent as many homeowners as is reasonable from losing their homes through foreclosure. It won't help you if you bought...

FHA Loans: Poised for a Comeback

I want to state that I am in no way shape or form an FHA loan guru. I haven't done an FHA loan in years. But with the new developments in the market rapidly transforming FHA loans into being...

FYI: FHA Loans, FHA Secure, and Down Payment Assistance Programs

FYI, I attended a class on FHA mortgages, FHA Secure and down payment assistance programs this morning. I'll probably have two or possibly three articles in the next week or so. In the meantime, if I can help with a...

Conforming Loan Limits and the Economic Stimulus Package

Sometime today, February 13, 2008, President Bush is scheduled to sign the Economic Stimulus Package into law. Maybe it's already happened by the time this publishes. I've made my opposition plain from the time it was first proposed, but it's...