Archive for the 'Mortgage' Category

2010 Maximum FHA Mortgage Limit Hartford CT

What is the Maximum FHA Mortgage Loan in Hartford, CT The maximum FHA Mortgage Loans is different for each county and also for a 1, 2, 3 or 4 family/unit house. So here are the current maximum FHA Mortgage Loan limits for Hartford, CT: Single Family Home $440,000 Two Unit Home $563,250 Three Unit Home [...]

Detroit Renovation Mortgage Loans

Renovations are often needed for many of the homes for sale in Detroit to make them livable.  Homes in Detroit look like great deals with prices like $1.00 or $299.00 to purchase.  Maybe they are missing the heating system, or the kitchen has been destroyed, the roof leaked or any one of countless other problems.  [...]

Learning the Truth about Adjustable Rate Mortgages

ARM Is this the Best Mortgage Loan for You? While there are many different types of mortgages, one of the most popular is the Adjustable Rate Mortgage, also referred to as ARM. In this case, the amount of interest would fluctuate based on the current market. Because of this, the monthly mortgage payment would increase [...]

FHA 203k Rehab Mortgage Loan

FHA 203K Rehab Loan – Buy Or Repair Your Home! Certainly you have heard about the negative news recently about the real estate market and the surplus of foreclosed homes on the market. You may be thinking that right now is a great time to take advantage of the low interest rates and purchase one [...]

The New and Improved Home Buyer Tax Credit

The much-anticipated extension to the home buyer tax credit has finally been approved.  The President signed the extension into law last month. If you are looking to purchase your first home, you have been eligible for tax credits of up to $8,000 since last January as part of this year’s economic stimulus package.  You will [...]