Posts Tagged ‘97% financing’

Should You Use Your $8,000 Tax Credit as Your Down Payment?

by FHA VA USDA Jumbo Home Equity Texas Mortgage Lender | May 16th, 2009

So there has been a lot of rumors regarding the $8000 first time home buyer tax credit and that it can be used as a down payment for a new home with an FHA loan. At first, I thought it was just another “mortgage scam”. Trust you me, the real mortgage industry always leaves room…Read the Rest of Article

Tags: 203(b), 97% financing, austin, fha, fha guideline changes, fha loan, FHAloanhouston, Houston, san antonio, texas
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Hitting a Home Run with the HomePath Program

by FHA VA USDA Jumbo Home Equity Texas Mortgage Lender | March 16th, 2009

When I first read about this program, it struck me as kind of odd and out of place. It actually reminded me of those Sub Prime email blasts that many loan officers used to get. Remember those? – 100% Financing – NO Credit Score- OK – NO Job- OK – NO Heartbeat – OK! The…Read the Rest of Article

Tags: 97% financing, foreclosure, HomePath program, houston mortgage company, REO
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