Welcome to Kim Darwaza Northern Virginia Real Estate Sign in | Help

Browse by Tags

All Tags » FHA Loans   (RSS)
Friday, December 09, 2011 11:58 AM

Mortgage Brief - Friday, December 9, 2011 - Loan Limits

2012 Loan Limits FHA and VA FHA-Previous FHA Loan Limits have been reinstated so for our area current max is again $729,750. VA-Effective January 1st the new VA limit will be $625,500 100% financing is available for VA up to the VA limit of $625,500.
Posted by Kim Darwaza | 0 Comments
Saturday, November 19, 2011 8:19 AM

Friday Mortgage Brief - Friday, November 18, 2011

The Friday Brief Congress Increases the Ceiling on Size of Mortgages Wall Street Journal (11/18/11) P. A6 Zibel, Alan Capitol Hill legislators on Nov. 17 took aim at raising the maximum size of home loans that can be guaranteed by the FHA. Lawmakers passed
Posted by Kim Darwaza | 0 Comments
Monday, October 24, 2011 10:16 AM

Property Flips

I wanted to go over a topic that I am seeing more and more of each day. Given the number of investors in the real estate market now, more properties are being sold where the seller has owned them less a year. And as the housing industry continues to struggle
Posted by Kim Darwaza | 0 Comments
Friday, September 16, 2011 8:44 PM

Friday Mortgage Brief - Friday, September 16, 2011

The Friday Brief FHA Tips/Expiring Condos/Termite Expiring FHA Condo-If you have an expiring FHA condo, the purchase must close and fund before the FHA Condo Expiration Date. Once the condo approval expires it must go back through the approval process.
Posted by Kim Darwaza | 0 Comments
Friday, July 15, 2011 5:36 PM

FHA Property Flip Guidelines for Properties Owned Less Than 90 Days

Here are the guidelines as it pertains to a FHA mortgage: 1. All transactions must be arms length. There can’t be any identity of interest between the buyer and seller or other parties to the sales transaction. In order to ensure this the documentation
Posted by Kim Darwaza | 0 Comments
Friday, May 06, 2011 7:21 AM

What You Need to Know: Essential Information about Mortgages

RISMEDIA, May 5, 2011—As the housing market continues to struggle, home buyers appear ill-prepared to take out a mortgage, answering basic questions about mortgage information wrong nearly half (46 percent) of the time, according to a Zillow®
Posted by Kim Darwaza | 0 Comments
Wednesday, February 16, 2011 11:06 AM

Changes in FHA Monthly Mortgage Premium

I received an email from Tammi Lewis of 1st Mariner Mortgage regarding the increase in the FHA monthly mortgage premium. In an effort to further strenghten FHA's role in providing financing to buyers, HUD is increasing the monthly mortgage insurance
Posted by Kim Darwaza | 0 Comments
Monday, February 07, 2011 2:39 PM

FHA Extends Anti-Flipping Waiver under 2011 Year End.

FHA EXTENDS 'ANTI-FLIPPING WAIVER' TO HELP STABILIZE HOUSING MARKET: Measure continues effort to boost home values and accelerate resale of vacant properties In an effort to continue stabilizing home values and improve conditions in communities
Posted by Kim Darwaza | 0 Comments
Monday, September 20, 2010 12:38 PM

Mortgage Update - September 20th 2010

I received some updates in the mortgage area from a loan officer that I work with. Financing is such a huge part of purchasing a home that I wated to share these updates with you. There have been a few rumblings lately on different topics and I thought
Posted by Kim Darwaza | 0 Comments
Friday, August 06, 2010 7:45 AM

Changes to FHA Annual & Monthly Mortgage Insurance Premiums

I just received an announcement that Congress passed H.R. 5981 which will give FHA the authority to change their annual and monthly mortgage insurance premiums. The bill passed very quickly and the changes that are going to take place will be implemented
Posted by Kim Darwaza | 1 Comments
Filed under:
Friday, March 19, 2010 3:28 PM

Attention Homebuyers: Double-Barrel Stimulus Deadlines Threaten Rates and Affordability; The Time to Act is NOW!

The great author and speaker Og Mandino once said, "I will act now. I will act now. I will act now." This is great advice for prospective homebuyers over the next 45 days, as two key government programs that have kept home ownership more affordable
Posted by Kim Darwaza | 0 Comments
Thursday, March 18, 2010 1:45 PM

Watch out for FHA changes on April 5th, 2010

Effective April 5th, 2010 Increased Upfront Premiums : Effective for FHA loans for which the case number is assigned on or after April 5, 2010, FHA will collect an upfront mortgage insurance premium of 2.25 percent from 1.75% . This policy change will
Posted by Kim Darwaza | 0 Comments
Thursday, January 21, 2010 3:05 PM

Changes to FHA Guidelines for Buyers

Well, it was predicted that FHA was going to make some changes and they were just announced today. These are the changes that buyers need to knnow about" * Upfront MIP raised to 2.25% from 1.75%. This will be effective in the Spring on case assignments
Posted by Kim Darwaza | 0 Comments
Monday, January 18, 2010 10:55 PM

FHA Lifts 90-day waiting period

HUD announced that they will allow purchasers using FHA loans to buy properties that have been owned less than 90 days by the sellers. This should help homebuyer's to secure homes that they have been unable to make offers on. Since a lot of flipping
Posted by Kim Darwaza | 0 Comments
Saturday, July 11, 2009 7:40 AM

June 2009 Northern Virginia Real Estate Statistics

Northern Virginia: June 2009 The Northern Virginia Association of Realtors® reports on June 2009 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.
Posted by Kim Darwaza | 0 Comments
More Posts Next page »