RPM Mortgage recently announced the roll out of a program designed to help San Bernardino/Riverside homebuyers achieve home ownership through this down payment assistance program…CHF Platinum Program. This program is designed to assist low to moderate income home buyers with the purchase of a home, by providing closing cost and/or down payment assistance in the [...]
RPM’s Chief Strategy Officer, Barry Habib Discusses Renting Versus Buying On Fox News Buying a home versus renting is a big decision that takes careful consideration for Inland Empire residents. While there are several biased sources that can make arguments for or against owning a home, we’ve found that most home buyers base their ultimate [...]
Inland Empire home buyers who will be using FHA financing just got hit with another blow from HUD. With yesterday’s announcement; beginning April 18, 2011, the Annual Mortgage Insurance Premiums charged by FHA will increase 25 basis points. Just last year on April 4, 2010, HUD increased the monthly MIP from .55 to .90 for [...]
First Time Home Buyer…No Credit-No Problem If this is your first time viewing this page and you really want to improve your credit scores; How Can Inland Empire Home Buyers Increase Credit Scores should be your starting point with this video series. For Inland Empire home buyers, having credit is like having a golden ticket [...]
Great Credit Scores Need Regular Maintenance and Avoidance of Mistakes If this is your first time viewing this page and you really want to improve your credit scores; How Can Inland Empire Home Buyers Increase Credit Scores should be your starting point with this video series. This may seem like a BFO (blinding flash of [...]
Ten Tips on Disputing Incorrect Information From Your Credit Report and What Your Credit Should Look Like If this is your first time viewing this page and you really want to improve your credit scores; How Can Inland Empire Home Buyers Increase Credit Scores should be your starting point with this video series. Have you [...]
Congratulations on taking the first step in improving your credit worthiness. If this is your first time viewing this page and you really want to improve your credit scores; How Can Inland Empire Home Buyers Increase Credit Scores should be your starting point with this video series. Hopefully by now, you have obtained a copy [...]
I’m sure it’s no surprise to home buyers that today’s economy has produced a hostile credit environment, and credit has become a major concern for all consumers in the Inland Empire. This is why I am even more committed to helping you take control of your financial future, so that not only do you qualify [...]
While many experienced real estate agents in Riverside and San Bernardino counties have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied. New regulation, updated disclosures, appraisal guidelines, mortgage rate pricing premiums, credit score, secondary approval layering, [...]
How can a fully approved loan get denied for funding after the borrower has signed loan docs? Simple, the underwriter pulls an updated credit report to verify that there hasn’t been any new activity since original approval was issued, and the new findings kill the loan. This procedure has been mandated by Fannie Mae and [...]
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