Tag Archives: mortgage Missouri

New Changes on FHA beginning April 9th 2012 and FHA Streamline Refinance Beginning June 1st 2012

This FHA Streamline Refinance information is accurate as of March 19, 2012. What Is An FHA Streamline Refinance? The FHA Streamline Refinance is a special mortgage product, reserved for homeowners with existing FHA mortgages. FHA Streamline Refinances are the simplest way for FHA-insured homeowners to refinance their mortgage. NO APPRAISAL NEEDED The FHA Streamline Refinance [...]

Leave a comment Continue Reading →

Happy New Year — Mortgage Review

Can you believe it’s already New Years? And what a year it’s been with the historically low home loan rates we’ve seen! Don’t let this year go by without seeing if you can benefit. Once you’ve settled in to the new year, give us a call. Let’s review your mortgage plan and make this year [...]

Leave a comment Continue Reading →

Home Loans Springfield – Fannie Mae Bans Appraisal Cutting

Home Loans Springfield Great News .. Effective Sept. 1, Fannie Mae is prohibiting lenders who sell it loans from changing appraisers’ numbers. In guidance issued June 30, Fannie Mae said lenders must contact appraisers to “resolve” any disagreements about the valuation. If that’s not possible, they should order a second appraisal and not just cut the value supporting the [...]

Leave a comment Continue Reading →