FHA Mortgage Insurance Premium Changes

Starting April 1, home buyers utilizing FHA financing will see a significant increase in the Mortgage Insurance Premium (MIP) paid upfront by buyers. The MIP premium will rise from the current 1% to 1.75%. Besides the one-time upfront fee, the monthly MIP will also rise 0.1% for loans ...

5 Steps to Successfully Buying a Foreclosure

Buying a foreclosed property can be a great investment, but please also know there are many pitfalls in the process, and the term “Buyer Beware” has never been more prevalent. 

Step 1 - Do Some Research

Start by doing research and searching available properties.  The internet is a wonderful place for ...