Author Archives: admin

USDA Loan – How to calculate the Guaranty Fee

Following are a few examples of different scenarios to show how to calculate this fee correctly. Example #1 Purchase Price $250,000 Appraised Value $258,000 Borrowers want to finance $8,000 in closing costs in the loan since the appraisal is higher … Continue reading

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National Security Conference Call

In case you missed this call Jennifer DeVenne shared the PowerPoint with me so I could share it with everyone else. Thanks Jennifer. FHA Call on 3-11-2012 Click here FHA Collections Click here Above are the 2 major pieces of … Continue reading

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HARP 2 notes

Notes for HARP 2 loans All HARP loans other than Flagstar must be done as a Broker unless the LTV is at 100% or less. Wells will only do Wells to Wells deals

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