... than 20% of its value or some arbitrary figure that the lender or FHA dictates.
4 Answers · Business & Finance · 11/02/2012
...have to give W-2 and 1099. They may have two different company set up one FHA and conventional loans. I know that is no no for FHA
5 Answers · Business & Finance · 15/03/2009
You can deduct on schedule A, the amounts shown for (1) interest, (2) property tax for the period after you bought the home, (3) points or loan origination fees, (4) mortgage insurance. All of the other costs would either (1) be added to the cost basis of...
5 Answers · Business & Finance · 06/02/2009
not with out selling the first home as FHA will do this loan but your score where they are it must be your primary home and the other come to think of it can become a rental I am a mortgage banker in TN & KY
1 Answers · Business & Finance · 07/08/2011
...credit" you must buy the property first; however many lenders [especially FHA lenders] are offering a short-term "Bridge ...
7 Answers · Business & Finance · 22/06/2009
... loan. The fed's insured the buyer's loan through the FHA. That transaction doesn't concern or affect your taxes. ...
3 Answers · Business & Finance · 01/02/2009