• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

News Alert: FHA makes it easier to qualify with past credit issues

With Mortgagee Letters 2013-24, 25, & 26, the policy change in several areas of derogatory credit makes it easier for borrowers to qualify. Here’s what you need to know about these changes: Information From the HUD Website: http://www.ChristianPenner.com/FHA-Drastically-Reduces-Waiting-Times/ Effective for case numbers assigned on or after August 15, 2013 through September 30, 2016 1. For Purchase Money Loans only (excluding the HECM). Borrowers that experienced an Economic Event (a decrease of income by 20%

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FHA Mortgage Insurance Premiums May Rise To 2.05% – FHA Mortgage Rates

FHA Mortgage Insurance Premiums May Rise To 2.05% – FHA mortgage rates   FHA mortgage rates The FHA may be raising its mortgage insurance premiums yet again. The Federal Housing Administration Fiscal Solvency Act of 2012 has overwhelmingly passed the House and will make its way to the Senate. Among other powers, the bill grants the FHA authority to raises its mortgage insurance premiums to as high as 2.05% annually — nearly twice the 1.20%

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New York Fed for the breakdown in purchases of Mortgage Backed Securities – Agency MBS

Agency MBS Transaction Summary  agency MBS On September 13, 2012, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to begin purchasing additional agency MBS at a pace of $40 billion per month. The FOMC also directed the Desk to maintain its existing policy of reinvesting principal payments from the Federal Reserve’s holdings of agency debt and agency MBS

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Feel Good Friday with Christian Penner: What Causes These Hysterical Baby Faces

Feel Good Friday with Christian Penner: What Causes These Hysterical Baby Faces Don’t be selfish!  If this made you smile, then SHARE!   Finally a Awesome Program for Underwater Home Owners  See My Press Release Right Here: HARP 2.0, the new government Home Affordable Refinance Program: Click Here Now To Find Out IF You Are Eligible! This program allows home owners who have been current with their mortgage to refinance at record low rates even if you owe more

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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