Andy Brown's (andybrownmtgguy) Blog

A VA Loan in Florida is an extraordinary financing tool for our country's vets!  It is one of the best things that the United States Congress ever did for our nation's military veterans and it humbles me and makes me very proud to be able to assist our country's veterans and active military perso...

Nov. 3, 2010: The Fed announces it will buy $600 billion more in Treasury bonds gradually through the middle of 2011 to try to drive down interest rates on mortgages and other debt. This has been great, at least temporarily, for the markets. The markets are up, rates are down, what could be bad? ...

For those of you who aren't local to central Florida, Winter Park is considered one of the most desirable areas in which to live. It has everything-old Florida charm, grace, reputation, shopping, restaurants, brick roads, and it is just plain ol' beautiful. The costs for homes, especially lakefro...

An FHA Loan in Orlando is the best kept secret in town!  The maximum mortgage amount for an FHA Loan in Orlando is currently $353,750. An FHA loan in Orlando would only require a down payment of 3.5% or $12,830. This equates to a mathematical sales price of $366,580! First and foremost, this woul...

Expect Mortgage Rates to Stay the Same This Week November 1, 2010 Mortgage Rates in the central Florida area, all of Florida, and pretty much everywhere should stay about the same this week. Remember, the pricing on the Fannie Mae 4.0% 30 Year fixed rate mortgage backed security and on the US 10 ...

I was doing USDA RD loans in Florida ( or United States Department of Agriculture Rural Development) back in the ‘good ol days' before the bust. Back when almost no one else was doing them. I couldn't  get anyone in my office to listen to me. The USDA RD loan in Florida program is true 100% finan...

So what else is new? Lenders are already buckling under the dual mandates from HUD FHA to 1. Make more loans and make it easier to get a loan and, 2. Follow the ever-increasing restrictions and tightening guidelines on each and every loan. And if they miss just one, HUD FHA will try to make them ...

Have you ever wondered exactly what a VA loan was? A VA Loan is another government backed loan, exactly like FHA! Only the VA loan is backed by the Department of Veterans Affairs in Washington DC, and the FHA loan is backed by the Department of Housing and Urban Development. The VA Loan in Orland...

Have you ever wondered what is going on with credit and mortgages in this country? I do everyday, and I'm in the business. If you want an FHA loan in Orlando where I'm from or Florida, you'd better read this and heed carefully. Government backed mortgages, including and especially FHA, are still ...

Let’s talk about an FHA Mortgage in Florida for a bit. FHA Mortgages in Florida are controlled by HUD-Housing and Urban Development, out of Washington DC. While there are no income limits for an FHA Mortgage in Florida, HUD does establish maximum loan amounts by county, based on the published med...