Preferred Mortgage Lenders
A realtor’s main concern with a lender is getting the loan closed on time. These experienced lenders have all received great reviews from our clients. [Read More…]
FHA 203K loan perfect for foreclosures
There are 2 FHA 203 (K) loan products, Streamlined and Full. The loan to value is always 96.5%. The loan can go up to 110% of value if the appraisal is low. [Read More…]
Renovation Loan & Lenders Houston 2013
A Renovation loan is a 30 year fixed rate mortgage with a construction loan. The FHA 203K Streamline loan and the HomePath Renovation Mortgage are quite similar in design. [Read More…]
Financial crisis has changed JUMBO LOANS
The Banks are encouraging people to buy Jumbo loans with adjustable rates. So that they will be protected in case interest rates rise and they have to pay higher rates on bank deposits. [Read More…]
FHA Condo revisions of 2012 do little for Houstonians
What may be helpful to Houston is that condos in projects that have 50 percent of their space in commercial use may be approved for FHA loans. This is up from 25 percent last year. [Read More…]
Call Bill Edge at 713-240-2949 to see Houston homes in 24 hours or less.