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January 13th, 2011
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Despite all of the news and hysteria, FHA loan rates are still very affordable.   Today most qualified applicants can get a 4.75% rate that is fixed for thirty years. That means if you are refinancing a in the $400,000 range, the monthly payment would be about $1,900.  The FHA home loan blog posted an article pointing out that  FHA there is no appraisal with FHA streamlines, so people who were being rejected for a mortgage refinance because of equity, now had a solution.  Read the original article online, FHA Refinancing Tips now.

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FHA Credit, FHA News, Published Loan Articles, Uncategorized

Tough Love for FHA Lenders

May 14th, 2010
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According to FHA Loan Pros, HUD is working over-time to prevent losses associated with irresponsible FHA lending practices, FHA is emphasizing enforcement of FHA requirements and is increasing its review of FHA approved lenders. HUD has taken actions against six times as many FHA lenders since 2009 than it cited during 2000-2008. HUD increased scrutiny of FHA approved lenders helps with minimizing non-compliant mortgage lending practices and reducing mortgage fraud.

 

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Hello world!

August 8th, 2008

Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!

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Uncategorized