FHA and the “Flipper”
As foreclosures increase across the United States and that includes Indiana, banks are looking for ways to sell their overloaded REO inventory. FHA has devised a plan that should be able to help many of those that buy homes, do some fixing up of the home and put it back on the market. In the [...]
Why would someone go with an FHA home loan vs. a Conventional home loan?
Dear Mad Mortgage Machine, I am married and my husband has quite a bit of debt, and I do not plan on paying off prior to buying a home. If I go FHA, his debt is added to my debt even though I am the only one on the loan. If I go conventional, the [...]
B +
B+ Be Positive On Friday, I heard a commercial for mortgage guy out of Chicago and his message was just all over the place, but it was mostly negative. He was not being negative on his competition, but on the “market” on a whole. I was shocked by his comments. I was thinking what a [...]
Indiana First Time Home Tax Credit
Revisited… Lately, I have been getting some calls and emails about the Indiana First Time Home Buyer Tax Credit from some very confused Indiana home buyers and agents alike. I want take just a moment and straighten out a few of the misconceptions that are there. Lets set the record straight once and for all [...]
Indiana FHA Home Loan
Are you unhappy where you are living? Are you too old to be living with mom and dad? With an Indiana FHA Home Loan…You can change your life. Whether, you are a first-time home buyer, have owned a home before or have less than perfect credit FHA more than likely has a program that will [...]
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