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:
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 [...]
The IRS Indiana First Time HomeBuyer Form
First Time Indiana Home Buyers, As part of the American Recovery and Reinvestment Act of 2009, the IRS has officially released Form 5405 — better known as the…First-Time Homebuyer Credit Form. True to tax code standards, the 10-field form is accompanied by 3 pages of instructions, but don’t worry it is not that bad. However, [...]
Best time to Refi in Indiana
If you are in Indiana and have any equity in your home it is the perfect time to refi. Rates are still historically low, and soon there will be some changes from Fannie and Freddie that will make refi’in a tad harder. I have a great example of why it is more than perfect time [...]
I am Confident, aren't you
Consumer Confidence fell this month for the first time in three months, reflecting how concerned Hoosiers are for this economy, housing, and the financial system. The report is not that much of a surprise given that our collective exposure to a near-constant stream of negative news from the likes of CNN and BSNBC. Before long, [...]
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