When you are seeking a mortgage for a house to purchase or refinance, it’s nice to be able to make some calculations on your own without having to be rocket scientist.

As mentioned in part one, Congress passed into law the Housing and Economic Recovery Act of 2008. It became effective October 1, 2008 and included new mandated FHA refinance loan guidelines.

If you need to find home mortgage loan refinance strategies, you have certain alternative options that you can use to your benefit. There are many reasons why homeowners like you, choose to refinance their home.

Learning how to write a hardship letter is very important if you need to convince your lender that you are facing dire financial conditions. A hardship letter is used in the financial world to motivate your lender to help you deal with drastic measures that include

Do you have an FHA loan and are interested in removal of MIP from FHA loans? MIP is the acronym for mortgage insurance premium, which is required when you get an FHA loan from a mortgage lender.

With the recent economic collapse of the financial and mortgage markets, you may have noticed that mortgage interest rates are falling.

The Housing and Economic Recovery Act of 2008 was signed into law with an effective date of October 1, 2008. It includes updated FHA Refinance Loan Guidelines as part of its mandate.