Mad Mortgage Machine Ep 2
This week Dave discusses the FHA Home Loan regulations, new seller concessions, FHA and Flipping, Higher Down Payment, and the Biz Booster of the week is ID Theft. Identity Theft Biz Booster Your Name(required) Email(valid email required) Message cforms contact form by delicious:days Dave Woodson The Mad Mortgage Machine Share and Enjoy:
Does my insurance and taxes have to be taken out from my fha mortgage payment ?
Dear Mad Mortgage Machine I bought my first home with a fha mortgage loan. I wanted to know if there is any way I could have my insurance and my taxes not to be included in my mortgage payment? Bill Dear Bill, In a word, No. I am sorry that your broker did not explain [...]
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 [...]
Who in Indiana needs me?
I was thinking just the other day, “who needs me”. No, I was not feeling sorry for myself ready to drive into the oncoming traffic and end it all, but who out there needs my services. Who NEEDS me! Who can use my services? This is what I came up with (in no particular order), [...]
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 [...]
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