Mailbag

Here is where I will answer questions that I get into the Mad Mortgage Machine either by blog or by video

• Any rumors of the 8000 housing tax credit being extended or a new program being created?
• Does my insurance and taxes have to be taken out from my fha mortgage payment ?
• Why would someone go with an FHA home loan vs. a Conventional home loan?
• Who is responsible for filing a Homestead and mortgage exemption?
• What percentage of closing costs can I ask for when using FHA financing?
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