Comments on: Stricter Guidelines Being Announced for FHA Mortgages

By: Closing Cost Fha Loans

Closing Cost Fha Loans — Thu, 26 Aug 2010 05:37:00 +0000

Is 22k too much for closing costs. FHA loan the way to go?
So my buddy is buying a home for 315k. He went to sign his contract today and lawyer told him his closing cost are almost 23k I think that is just crazy. The reason being its a FHA loan and they rquire these insurance fees, or something?
He has good credit and 30k to put down on his house. Is FHA the right way to go? This is in NY and the home is 315k they said the intrest rate is 5.12%

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By: Bank or Broker – Why Shop Around? | The Chicago 77

Bank or Broker – Why Shop Around? | The Chicago 77 — Tue, 23 Feb 2010 14:54:45 +0000

[...] addition, many major banks have much stricter lending guidelines regarding the property a buyer is attempting to purchase. In major metropolitan areas this is a [...]

By: toddjames

toddjames — Fri, 22 Jan 2010 00:52:15 +0000

Excellent post, I really appreciate the in depth analysis of your expertise in mortgages and the risk involved in buying today. My client, Assured Guaranty assures clients the best returns in municipal bond and other instruments during difficult times.