by The 2 Mortgage Guys | Mar 6, 2023 | First Time Homebuyers, Indiana Mortgage Blog, Program Changes
There are 2 different versions of this program… NEXT HOME FHA Program (NH) and the FIRST PLACE FHA PROGRAM (FP) Click on the respective programs below to be directed to the full program guide SOURCE: ihcda – Indiana Housing & Community Development...
by The 2 Mortgage Guys | Jan 12, 2015 | First Time Homebuyers, General News & Information, Government, Program Changes
The following was announced by Secretary Julián Castro, Department of Housing and Urban Development: _________________________________________ When my tenure as Secretary is over, I won’t judge my time by how many initiatives my Department has launched, or how...
by The 2 Mortgage Guys | Jan 13, 2014 | First Time Homebuyers, Indiana Mortgage Blog, Program Changes, Tips
First of all, “Dodd-Frank” isn’t one person… it is 2 guys! Named after its Democratic sponsors in Congress, Senator Chris Dodd and Representative Barney Frank, the law aimed at preventing a repeat of the 2008 financial crisis.In short, by...
by The 2 Mortgage Guys | Jan 31, 2013 | First Time Homebuyers, General News & Information, Indiana Mortgage Blog, Program Changes
Breaking Mortgage News: FHA to Hike Mortgage Insurance PremiumsOther changes, fees aimed at shoring up agency’s financesThe Federal Housing Administration announced Wednesday that it will increase the mortgage insurance premiums it charges as part of several...
by The 2 Mortgage Guys | Jun 18, 2012 | Indiana Mortgage Blog, Local News, Program Changes
*UPDATE* This incredible refinance offer is now set to expire. You will need to contact us by Thursday, June 21, 2012. Click here to see if you qualify for this FHA Streamline Refinance. In an update to guidelines, the FHA eliminated verification for...
by The 2 Mortgage Guys | Mar 29, 2012 | Indiana Mortgage Blog, Program Changes
Some great news regarding MIP! The Federal Housing Administration will lower mortgage insurance premiums for borrowers who refinance their loans as part of President Barack Obama’s plan to improve the housing market. The FHA will reduce up-front premiums to...