Tagged ‘mortgage payment’

FHA mortgages change – effective October 4th
Posted: October 26, 2010 By:

It’s official: FHA was just given authority to change the amount charged to borrowers for both the Up Front and the Annual Mortgage Insurance premiums…and change them they did.

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How Much Home Can You Afford?
Posted: April 28, 2010 By:

Dreams of home buying your first home

When working with a homebuyer, I don’t start off by asking, “How much are you approved for buying?”  The better question is, “How much of a payment is comfortable for you?”  Typically, a homebuyer is pre-approved for an amount that is more than what they are willing to pay monthly.  (more…)