Exciting New Programs – We can offer loans with the following situations:
- Revocable or Irrevocable Trusts.
- LLC, Partnerships and Corporations
- Job Transfers when job has NOT started. Just need signed offer letter.
- Foreign Nationals – Requires a sizeable down payment.
- Asset-based loans for people who have a lot of cash and not job income.
FHA Changes:
FHA buyers need an FHA Case Numbers before April 9, 2012 or they will be subject to the new higher upfront MI fee. Increasing from 1% to 1.75% upfront MI that is added to buyer’s loan amount. AND the monthly will increase from 1.15% to 1.25% monthly. That will increase their monthly payment by approx $17 per month.
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