HomePath Mortgage vs. FHA Mortgage

A HomePath Mortgage may be a better option than an FHA mortgage. A HomePath Mortgage only requires 3% down whereas an FHA mortgage can require 3.5% down. There is no PMI insurance on a HomePath Mortgage. An FHA mortgage has mortgage insurance as well as a 1.5% funding fee up front ouch. There is no appraisal required for a HomePath loan.

Home Path mortgage information

Are you upside down on your mortgage in Arizona?

Are you upside down on your mortgage in Arizona? You may have a great option if you have an fha loan. If you have an fha loan and you are upside down you can do what is called an fha streamline refinance. You do not even need to provide pay stubs or bank statements to be able to qualify for this loan. An FHA streamline refinance is one of the few loans that you do not even need to to an appraisal.

If you are interested in an FHA streamline refi call 1-888-368-6668. It could just very well save you from foreclosure and give you a much lower mortgage payment.

Do you have trouble with your curent mortgage?

If you are feeling the squeeze of the mortgage crisis help may be on the way. Hope Now is an alliance between banks, counselors and other industry organizations with the purpose of trying to keep you in your home and avoid a foreclosure. The Department of the Treasury and HUD supports the formation of this alliance to encourage responsible business practice and to help avoid any additional downturns in the real estate market.

For additional information go to Hope Now