A Guide to the Pennsylvania Mortgage Market

  The FHA 203K Process breaks down into a series of steps that enable the homebuyer or homeowner to determine the cost of the desired renovations, how these renovation will improve the property's market value and how their desired renovations will effect their FHA 203K financing options.  The ord...

  If you have a second mortgage on your home you need to be aware of the rules of when a refinance is considered "cash out".  When an application is considered a cash out refinance, the maximum Loan to Value will be limited to 80% for Conventional financing and 85% for FHA financing. The presence...

  A few weeks ago we talked about the improvements that were allowable under the FHA 203K program, that article http://activerain.com/blogsview/2172018/allowable-improvements-under-the-fha-203k-program discussed all the improvements possible with the program.    I had some follow up questions fro...

The DU Refi Plus Program allows homeowners to refinance and lower their monthly payment even if they currently owe more than the home is worth.  This program is intended to help homeowners that have been on time with their mortgage payments but have been unable to refinance due to low appraisals ...

  A Private Road is a road that is not maintained by the any goverment agency.  These types of roads are sometimes found in the following locales... Rural areas outside of local government maintenance areas Planned Unit Developments (PUDS) Condominium Complexes Responsibilty for repair and maint...

  HUD offers some special incentives to Firefighters when it comes to buying a home and obtaining a mortgage.  These incentives are offered through the Good Neighbor Next Door Sales Program. HUD offers a 50% discount from the list price of the home for eligible properties.  In return you must com...

Using a 100% USDA mortgage is a great way to finance the purchase of your next home in Greene County.  These are great loans for those who qualify and the USDA loan remains as one of the true no down payment programs out there.  If the home appraisal allows, the closing costs can also be wrapped ...

Using a 100% USDA mortgage is a great way to finance the purchase of your next home in Centre County.  These are great loans for those who qualify and the USDA loan remains as one of the true no down payment programs out there.  If the home appraisal allows, the closing costs can also be wrapped ...

Using a 100% USDA mortgage is a great way to finance the purchase of your next home in Beaver County.  These are great loans for those who qualify and the USDA loan remains as one of the true no down payment programs out there.  If the home appraisal allows, the closing costs can also be wrapped ...

The FHA 203K Program allows homeowners to make repairs, improvements, modifications and upgrades  that increase the value of their current home or a home they are purchasing.  Several times I have been asked what improvements are allowed under the 203K program.  This program is not intended to p...