February 2011

Before May 1st, 2009 there weren’t any rules about who could order the appraisal for a home purchase or refinance transaction. Also, before that date loan officers could talk and consult with an appraiser about the value of a property. Well that all changed on May 1st, 2009 with a new law called the Home […]

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Mortgages Explained: The FHA Kiddie Condo Program

by Mortgage Nerd on February 17, 2011 · 2 comments

FHA (Federal Housing Administration) offers an excellent mortgage program for college students that are going away to school and whose parents would like to buy a home for them to live in. It is called the FHA Kiddie Condo program (Don’t let the name sway you. You don’t have to buy a condominium) In a […]