Mortgage Center Are you looking to purchase, refinance, or build a home in Southern Maine? PeoplesChoice Credit Union offers a complete package of mortgage products including FHA, VA, USDA, Land and Construction loans.
· Avoid rental scams on Craigslist and other sites when looking for a house to rent. Here are the top rental scams and how to spot them.
Fha Loan Number Whether you’re a first time homebuyer or want to refinance your existing mortgage, the FHA loan program will let you finance a home with a low down payment and flexible guidelines.
It is also a very good idea to contact your lender. Both the lender and the VA may have information on current loan scams and whether the offer you’ve received is legitimate or not. If you are in need of refinancing, loan assistance or other help, the lender you are currently with could provide important information.
The loans were guaranteed by the Federal Housing Administration. The FHA makes home financing available by insuring residential mortgages for the purchase of properties with modest down-payments for.
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We have owned a home under an FHA loan for 4.5 years. We are about to close on refinancing the home. My work has just informed me that I could be relocating to another office out of state in the next 2 months. If we rent the property out, do these circumstances make us vunerable to FHA loan fraud?
Fha Changes September 14 2015 FHA Loan Rules: Changes Coming – FHANewsBlog.com – FHA Loan Rules: Changes Coming. On September 14, 2015, a new FHA Single Family Home Loan rule book will become the official collection of rules and regulations for all FHA single family mortgage loans.When Does Pmi Stop Fha FHA Mortgage Guide; VA Loans;. Private Mortgage Insurance, or PMI, is insurance that protects the lender against loss if you (the borrower) stop making mortgage payments. Even though it protects the lender and not you, it is paid by you. It may allow you to buy a house with a much smaller.
But if you misrepresent your intention, it is a crime known in real estate lingo as "occupancy fraud." occupancy fraud occurs when a borrower says he or she plans to live in a home, all the while knowing the property will be rented out, according to Curt Novy, president of Corporate Mortgage Advisors, a mortgage fraud analysis firm in San Diego.
are fha loans scams? i hear they have fees that go up whenever they want causing you not to be able to afford your home Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
Loan Modification scams loan modification assistance is available to homeowners free of charge through organizations such as housing counseling agencies . Theft in-Deed is another modification scam where the homeowner unknowingly signs legal documents, often believing them to be mortgage modifications, transfering ownership to the scammer or an.