Posts tagged as:

qualifying

Governor Holds Press Conference to Highlight $10,000 Homebuyer Tax Credit

Fresno, CA January 14th, 2009 – Making the Case for Stimulating California’s Housing Market

If you’re like me and don’t want to sit through 20 minutes of political hyperbole, here’s a summary of the above speech. Plus, I can’t stop thinking he’s going to say “Come with me if you want to live”….I dunno, too much [...]

19 comments Read the rest of this Article -->

Are tightening FHA Underwriting Guidelines going to make it harder to buy?

by Scott Schang December 2, 2009 Loan Programs

FHA is experiencing a whole new set of challenges as the number of Governement Insured loans rises from only 3% in 2006 to almost 30% of purchases and 20% of refinances in today’s market.
It’s been reported for a couple of months now that FHA’s reserves have dipped below the two percent level, to 0.53 percent [...]

0 comments Read the rest of this Article -->

Slide Show: A Complete Guide to Credit, Qualifying & Completing a Loan Application

by Scott Schang November 16, 2009 Slide Shows

In this class we discuss what lenders are looking at when you apply for a home loan.
Did you know that bad credit can result from not knowing how to build good credit? We talk about common myths about your credit report in this informative class as well.
What is required by the lender when you apply [...]