Indiana FHA Loan Limits for 2010
This week HUD updated the FHA Loan Limits for Indiana. The good news they remain unchanged from 2009.
Porter and Lake Counties FHA Loan Limits will remain with:
1 unit – $410,000
2 unit – $524,850
3 unit – $634, 450
4 unit – $788, 450
The rest of Indiana including LaPorte, St. Joseph and beyond
1-unit : $271,050
2-unit : $347,000
3-unit : [...]
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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 fail of [...]
An Indiana FHA How-To
There are many opportunities for a person or a family to get an Indiana FHA loan help. Maybe you need a FHA loan as a first time homebuyer. Maybe you are struggling with possibility of foreclosure. Or, just maybe you need to refinance and get a lower interest rate. Whatever the reason, your first step [...]
Read more »Why an Indiana FHA Makes Sense
Are you looking to buy a home in Indiana? Or, are you struggling to keep your home? Perhaps you should consider a FHA Home Loan. A FHA loan is a government-backed loan that generally has a lower interest rate than many conventional more traditional Indiana home loans. So, before you write off this home loan [...]
Read more »10 Great Reason to be an Indiana First Time Home Buyer – Part 1
There are 10 Great Reasons to Buy a Home as a First Time Home Buyer
Here are the first 5
10. This is a double whammy, you get to tell your Landlord and the noisy neighbor upstairs to get lost
9. There are tons of great financing options for The Indiana First-Time Home Buyer
8. As an Indiana First-Time [...]
The Fed speaks and this week in Indiana Mortgage Rates
Mortgage markets lost a little ground last week, just edging mortgage rates tad higher in a week marked by the largest stock market gains since November. I bet many of you are liking your 401k now.
Once again, mortgage rates couldn’t sustain a rally for more than 5 days. Not since late-2008 have mortgage rates managed [...]
Indiana FHA Home Loan Limits
Thousand of Indiana homeowners will benefit from new increased FHA Home Loan Limits with fixed rate refinance loans up to $410,000 in several designated high cost areas. Home refinancing has never been easier with cash out loans available up to 95% for qualified Home Ownerss. In an effort to curb the rising foreclosure rates, the [...]
Read more »Indiana Loan Limits
As part of the Economic Stimulus Act of 2008, Congress had authorized a conforming loan limit increase in “high-cost” areas around the country. This really did not affect NW Indiana. Versus the national conforming loan limit of $417,000, for example, a Manhattan home buyer could secure a 2008 mortgage for $725,000 and still be within [...]
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