Paul Briceno
Delayed Financing Lenders
Hello, two months ago I paid cash for a property I just moved in. I done some research online and my best option to cash out is to get a delayed financing program offered by Freddie Mac. I wonder if someone have tri...
Greg P.
Pay myself Salary will help qualify for 30 year loans? Advice please
Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. ...
Julio Gonzalez
IRS Notice N-2023-67 - What You Need to Know
There are constant changes within the U.S. tax code regarding energy-efficient housing and sustainability. Within the real estate and construction industries, IRS Notice N-2023-67 has become a key point.
Why did the ...
Lynn McGeein
Did FNMA cash-out refinance just open up for 5-10?
Reading through FNMA rules for cash-out refinance, and don't see the rule anymore where you have to use delayed financing rule only for 5-10 (which we don't meet)? It looks like we can now get a cash-out refinance on...
John Blackman
Form 8908 - Tax Credit for Energy Efficient Homes
Is anyone aware of how to qualify a home you built as energy efficient via this irs form?
http://www.irs.gov/pub/irs-pdf/f8908.pdf
My tax accountant mentioned this to me and this is the first I've heard of it. Aust...
Ana Nomys
Direct quote from HomePath website. Does this mean no more Fannie Mae Renovation loans?
Effective October 7, 2014, Fannie Mae is retiring the HomePath Mortgage (HPM) and HomePath Renovation Mortgage (HPRM) products.
Dax Nollenberger
California Senate Bill 9 explained- Santa Cruz County
You have probably heard about a magical bill that allows more flexibility in usage for your lot and potentially provides more available housing for California residents looking to rent. That bill, of course, is Senate...
Brian Gibbons
News: Are Lenders Removing Overlays?
http://www.housingwire.com/articles/print/35087-fannie-mae-lenders-say-its-now-easier-to-get-a-mortgage"For the first time in seven quarters, we see a pronounced increase in the share of lenders, particularly medium-...
David Eiges
Mortgage Broker did not Disclose Correct Information to Remove PM
In California...I recently purchased a 3-unit home using a low-money down Freddie Mac Loan. My plan is to due extensive rehab which should allow the property to appraise for higher so as to remove the PMI ASAP.In the ...
Joshua Dorkin
Bush Changes Mind on Housing Bill: To Become Law This Week
Politico is reporting the AP story:
"President Bush has dropped his opposition to legislation that aims to calm the chaotic housing market despite his opposition to a $3.9 billion provision, the White House said this ...