HUD Suspends FHA Mortgage Insurance Premium Cut

HUD Suspends FHA Mortgage Insurance Premium Cut

FHA Mortgage BREAKING:  HUD Suspends FHA Mortgage Insurance Premium Cut   Shortly after Trump took office today, the Department of Housing and Urban Development (HUD) announced that it has suspended the reduction of Mortgage Insurance Premiums, effective...
On Q Financial, Inc. Gets Nod from Charlotte Business Journal

On Q Financial, Inc. Gets Nod from Charlotte Business Journal

The Charlotte Business Journal acknowledged On Q Financial Inc.’s recent hiring of top mortgage producers in the Charlotte metro, as well as its growth throughout the Southeast region. Brick McDermott, formerly of N.C. Bank and Trust, David Woldman, formerly of...
Change Coming to FHA Mortgages

Change Coming to FHA Mortgages

In an effort to strengthen the Federal Housing Administration, new lending rules are to be rolled out April 1, 2013. FHA Mortgage Changes Currently, owners with more than a 78 percent loan-to-value ratio pay 1.25 percent of the loan amount for insurance, which is...