New HECM Option Slashes Up-Front M.I. Premium

Posted by | Posted in improve credit | Posted on 22-09-2010

HECM Saver was announced by the Federal Housing Administration. The new program is a modified version of the standard home-equity conversion mortgage. FHA said it is virtually eliminating the up-front mortgage insurance premium with the new option. To support the lower M.I. premium, the amount of cash available under the program is being reduced — [...]

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FHA Loan Information You Need to Get a FHA Housing Loan!

Posted by | Posted in people credit | Posted on 09-08-2010

Purchasing a home can be the one of the most important decision in a person’s life. FHA Loan Information is very important when making this big step because there are so many advantages to buying your home with a FHA Housing Loan.

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