June 3, 2013 Bogman CDA loan problems (1) Brent, You seem to have a better handle on the issue than most about Bogman CDA loans. Thanks for the insights posted already. As you implied, they have been no help. I see that Maryland CDA lenders are required to be Fani/Fredi approved lenders. Will this qualify the current Bogman CDA loans to use the recent debt releif programs […]
January 8, 2014 USDA Loan Question (1) Hey Brent, I came across this webpage after searching for USDA lenders. I have researched the rurdev.org website and additional USDA websites to gain information pertaining to eligibility for a USDA loan and the area I am looking to buy and my income all fall under the current requirements. My question is the house is a foreclosure and […]
April 23, 2013 foreclose or hold? (1) Hey guys,
Here\'s my situation: Perfect credit, only debts are car loan and mortgage. My current home is about 50k underwater and stuck at a 7% CDA rate. My fiance and I are expecting a baby the end of this year. We need more space and a better neighborhood. I\'m considering purchasing a new home then walking away from my […]
March 6, 2012 Refinance a CDA loan (1) Can I refinance a CDA loan. Been in the house for 3 plus years, have a 6.2 interest rate and would like to refinance. I'm a school teacher and it would be nice to have a lower mortgage payment. The house is underwater by 50,000, have never missed a mortgage payment and plan on keeping the house.