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Homeownership University
Friday, 18th May 2012

Am I Eligible For A FHA Streamline Refinance?

If you have a FHA mortgage on your home now, you’re probably getting buried in junk mail, phone calls and advertisements for a FHA streamline….and your question is “is this more sleazy lender advertising or is it real?”. Well, it’s definitely real.  Let me explain what it is and when and why you might want [...]

Mortgage Principal Reduction for Californians in June 2012?

Keep Your Home California is a $2 billion home owner assistance program run by the California Housing Finance Agency (CalHFA) to help prevent foreclosure for economically challenged home owners in the State. $790 million of that fund is available to reduce principal balances for eligible families.  Since the program was rolled out last year, there [...]

Non Fannie Mae HARP Refinance Program Coming Soon?

Building on the moderate success of the HARP 2.0 Refinance Program introduced earlier this year, President Obama is again pushing Congress to expand and improve accessibility to historically low interest rates for more American families. In February 2012 Congress shot down a proposal by the Administration to allow the early pay-off high interest rate loans [...]

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