HUD’s Net Tangible Benefit Requirement is Hampering FHA Streamline Refinances
HUD has a requirement that in order for a borrower to do a streamline refinance their existing FHA mortgage, their scenario must...
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Mortgage loans and the first Presidential Debate
Did you watch the Presidential debate last Wednesday? At one point, President Obama and Mitt Romney discussed regulations that...
read moreFHA Streamlined Refinance: Credit vs Non-Credit Qualifying
With an FHA streamlined refi, most folks have the misconception due to the program name “streamlined” that the refinances...
read moreShould I do an FHA streamline refi if my rate is 4.875%?
This is a scenario I’m reviewing for one of my clients who lives in Seattle. His existing mortgage is a 30 year fixed FHA...
read moreFHA Streamlined Refi Revamped and Revisited
There is a lot of interest in the FHA streamlined refinance since HUD has greatly reduced the mortgage insurance premiums for some...
read moreRefinancing Guidelines Need to Loosen Up for Housing Recovery
This subject has been gnawing at me for a while and I’m actually surprised I haven’t written about it here before. ...
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