Tag Archive | Fha home buying

Free Home Buying Class Northern VA for first time home buyers

FREE Home buying Education Classes for first time home buyers in Northern Virginia!!!!!!!!

Tues & Wed March 15th & 16th, 2016 6-9pm                           First timeHome buying
note: This is a 2 night class and you must
attend both nights to receive a VHDA certificate
of completion required for some loans.
10629 Crestwood Dr Manassas VA 20109
Sponsored By Home Buyers Marketing II, Inc, McLean Mortgage & Secure Home Inspections
Come learn about the buying process from beginning to end and get info on down-payment assistance programs. There will be a loan officer, a real estate agent, and a home inspector, on hand to give you valuable information and answer your questions on credit, loans, finance, and real estate contracts
If you are serious about buying a home in 2016 then this class is designed for you. Find out how to get pre-approved to buy, how to make an offer, and what to expect in the closing ar129778763674696process. This class meets VHDA, Sparc, Community, and many first time buyer program requirements.
Call, text, or email TODAY to RSVP, leave name and phone number and number of guest.
Must RSVP to Dee Dee Jones 703-596-5884 call, text, or email djoneshomes@gmail.com
Tell a friend, bring a friend, Share this with a friend,

Norfolk Real Estate beware of FHA loan changes for 2011 for refis and purchases

FHA Changing Monthly MIP rates…effects Purchases and refis…Again

I keep telling my loan officers, don’t nobody bring me no bad news!!!!!! then I get this info today!

Here we go again! The last increase took us from 0.55% to 0.90% (annually) on a 30 year fixed with 3.5% down. This next increase is an across the board 0.25% increase, so this will take us from 0.90% to 1.15% on a 30 year fixed.

What does this mean in terms of your monthly payment?
For each $100,000 borrowed on an FHA loan, your monthly payment will increase by $20.83.
Why is this increasing?
The word is that the FHA reserve fund continues to head in the wrong direction and they will continue to make these types of course corrections until they stop the bleeding.

How can I avoid this increase?
There is still time to avoid the increase. You will need to obtain an FHA case number on or before April 17, 2010. That means that you will need to determine which property you are purchasing prior to that to avoid the increase –

or if you are refinancing, you will need to start the process and have your lender order a case number before this date.

If you need more info on how to qualify before the change, give me a call!

Call me if you know someone who needs to buy, sell, or rent!

Buyers: FREE Access to Home Listings, FREE 2-10 1yr Home Warranty plan, FREE Home Buying Consultation, FREE Transaction Coordination, FREE Buyers Representation Services, FREE Tours of Homes. Buyers receive and Sellers offer 1 MONTH FREE Cox Bundle Package. Sellers: Save up to 1% in commissions!

Contact me Today,
Deandrea “Dee Dee” Jones
Associate Broker
Wainwright Real Estate
fx: 866-721-3135
blog: DJonesRealEstateBlog.info

If you are in Hampton Roads, Southern Virginia Cities: Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Smithfield, Suffolk, Williamsburg, York County. Join the Group, http://activerain.com/groups/hamptonroads

“I can dream alone, build alone and strive alone, but true success always requires the help and support of others. Please send me your referrals.”

Visit my website today, The Hampton Roads Real Estate Lady!

Deandrea “Dee Dee” Jones djoneshomes@gmail.com

Associate Broker Wainwright Real Estate Virginia Beach, VA

Certified Real Estate Instructor Millennium School Of Real Estate