Bruce Reichstein's (brucereichstein) Blog

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Mortgage and Lending - www.OneTimeClose.com

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2015 

HUD 4000.1, the new FHA single family home loan rulebook, has specific instructions to participating FHA lenders about the appraisal process.  An appraisal is required as we learn from this line in Part II Section A of the rulebook:"The Mortgagee must order a new appraisal for each Mortgage or r...
11/08/2015
Here is a common type of question about applying for an FHA mortgage loan when you have owe a debt to the federal government:"Can anyone tell me what the guideline for FHA loans regarding payment plan with IRS when you do not own property and you owe taxes? "FHA loan rules here are basically conc...
11/01/2015
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Bruce Reichstein

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