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Mike Harrison wrote:

 

FHA Appraisal

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If they are experienced developers they will have an "FHA package" ready for the lender. It should not be that big of a deal.
July 03
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100% Mortgage

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In Utah you can get 100% financing a few ways.VA - Need to be a VeteranUtah Housing -- There are some restrictions, but it is a decent programRural Housing  -- Needs to be in a rural areaThere are different grants available in some counties that combined with FHA will get you 100% financing.
July 23
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What is 125 rule on property taxes?

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Is the property new construction? If so sometimes the last assessment will be on raw so the investor will estimate what the taxes will be on the completed home.
August 12
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Is HVCC required on FHA? We are doing it, but I cant find and article anywhere that says we have to?

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My understanding is that FHA has already said No HVCC for them.
August 26
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PMI Question - Wells Fargo stating 75% LTV before PMI removal

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I have never heard of any temporary law that makes the MI 75% LTV (Should be 78%). Ask them to show you in writing how to remove your MI I believe they are required by law to at least show you what their policies are.
September 01
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