There are errors in baseball just like the errors that are made by FHA homebuyers

2012-03-30 / fha loan / 0 Comments
About the author

Bill Sohan

Bill Sohan is a Baltimore Mortgage Lender. He specializes in First-Time Home Buyer loans, Conventional, FHA, FHA 203K. FHA Streamlines, USDA Rural Home Loans, VA 100% Financing. For more information about Maryland home mortgages, please contact me at 410-963-2308

View full post on Mortgage Video & Blogging Community

Read More
Read More

Is there any lenders out there that can qualify 1st time home buyer with a FHA loan, no money down purchase?

2011-11-16 / fha loan / 5 Comments

1st time home buyer looking for 100% percent financing on a 350k loan in california credit is 640 and 600 income is 6000 per month combined.

Read More

Can someone give me a definitive answer if MIP can be removed from an FHA Loan once there is 20% equity?

2011-10-16 / fha loan / 2 Comments

We bought a house for about 100,000 and now after 4 years it is worth about 180,000. Are we no eligible to have our MIP dropped from our loan. I am hearing so many mixed answers regarding this and would appreciate hearing from someone well versed in the area.

Read More

Is there any way to receive cash back on an FHA loan?

2011-10-15 / fha loan / 2 Comments

Searching yahoo shows some people saying they can only cover closing costs. Some saying you can get the earnest money back. Some say you can get cash back. Which is it? I’m looking at buying a house for way under what it’s worth. Even if I paid 10,000 over the asking price it would be a steal.

Read More

If your approved for a FHA loan and your mortgage lender is using the Genesis program is there any more help?

2011-09-29 / fha loan / 3 Comments

I need more help for closing costs and downpayment. The home is in Oklahoma. I’m a single mom and 1st time homebuyer.

Read More

I just got approved for a FHA loan, are there any Down Payment assistance grants i can look into?

2011-08-30 / fha loan / 5 Comments

I am a first time home buyer in Columbus Ohio and i heard about Down Payment Assistance Grants program that could exist. Could anyone shed some light on this?

Read More

Is there an advantage to a FHA loan if I can get a conventional loan?

2011-07-06 / fha loan / 3 Comments

I may or may not be able to make the 20% down payment.
I am a single parent of one dependent making about 37000 a yr in Tennessee.

Read More

Is there a credit limit for a FHA loan in Tx? i actually have relatively good credit/ however, can’t afford

2011-07-01 / fha loan / 0 Comments

a hefty down payment such as 5%.(for conventional loan) i can do a 3% which is what a FHA requires. i believe to qualify you have to have a good credit record for the previous 2 yrs. which is not a prob. for me

Read More

Is there any reason why you can’t wrap an FHA loan?

2011-06-22 / fha loan / 1 Comments

I was told that you can’t wrap an FHA loan. I have researched and see no reason why not. It appears that if the loan is assumable it is wrap-able. Does anyone have any experience with this?

Read More