Mortgage Blog Smart PA homebuyers using FHA loans to limit downpayment June 3rd, 2011 12:49 AM Smart PA homebuyers are using FHA loans to limit downpayment requirement to 3.5% by getting the seller to assist with up to 6% of the selling price. This can be used to cover most closing costs and can definitely help the buyer who may be short of cash.  The Federal Housing administration insures these loans generally by charging an upfront mortgage insurance premium UFMIP payable at closing, as well as a small monthly premium over and above PITI. This payment can generally be removed by the borrowers request once the equity in the property reaches 78% Posted by Michael and Jill Kohler on June 3rd, 2011 12:49 AMPost a Comment (0) Subscribe to this blog * Name: * Email Address: URL: Comment: Type the characters you see in this picture, click "Submit" when finished.   This helps us prevent automated programs from posting comments and sending spam. * Name: * Email Address: Address: City: State: Zip:   This helps us prevent automated programs from creating bogus contacts and adding them to your contacts database.

Recent Posts: Pa mortgage loan applications rise CostCo in the mortgage biz, what next.. Mortgage Rates pause as Fed uncertain on rates Pa Mortgage rates hold steady ahead of Fed meeting Getting a Mortgage in Pennsylvania getting easier. Top No No's before getting a Pa Mortgage Pennsylvania Real Estate Newsletter Will mortgage loans be affected by raising government debt ceiling See if Obama's latest refinance plan helps you Pa Mortgage Broker information How do I get the best mortgage rate available? Smart tips for first time home buyers Is now a smart time to buy a home or should I wait? Best ways to prepare for gettting a mortgage loan Happy 4th of July Should I escrow my taxes and insurance? Improving your less than perfect credit history Search recent Pa listings for sale Should I use a bank or broker for my refinance loan Pa refinance rates drop again! Archive: March 2011 Is this the last cold weekend? Posted by Michael and Jill Kohler on March 26th, 2011 7:31 AM June 2011 Checking your own credit scores Posted by Michael and Jill Kohler on June 7th, 2011 4:10 PM Smart PA homebuyers using FHA loans to limit downpayment Posted by Michael and Jill Kohler on June 3rd, 2011 12:49 AM Search Pa Real Estate For Sale listings here Posted by Michael and Jill Kohler on June 2nd, 2011 12:44 AM May 2011 Celebrate Memorial Day Weekend Posted by Michael and Jill Kohler on May 26th, 2011 8:35 AM How much money down do I need? Posted by Michael and Jill Kohler on May 24th, 2011 2:43 PM World Ending Rapture Posted by Michael and Jill Kohler on May 20th, 2011 2:57 PM May Mortgage rates holding steady Posted by Michael and Jill Kohler on May 18th, 2011 5:13 PM May 2011 mortgage activity up significantly Posted by Michael and Jill Kohler on May 12th, 2011 11:44 PM April 2011 Temperatures heat up while mortgage rates cool off Posted by Michael and Jill Kohler on April 26th, 2011 10:59 AM June 2011 (3) May 2011 (5) April 2011 (1) March 2011 (1) My Favorite Blogs: Sites That Link to This Blog:

Pennsylvania mortgage broker licensed by the Pennsylvania Department of Banking and serving the Real Estate home refinance mortgage, consolidation refinance mortgage and FHA home purchase loan needs of the Commonwealth of Pennsylvania including Bucks Pennsylvania , Montgomery Pennsylvania, Philadelphia Pennsylvania , Delaware Pennsylvania , Chester Pennsylvania, Allegheny Pennsylvania, Lancaster Pennsylvania, Pittsburgh Pennsylvania, Langhorne, Pennsylvania, Yardley, Pennsylvania, and Levittown, Pennsylvania.

For Pennsylvania home mortgage refinance, or consolidation refinance rates