Clik here to view.
100% Financing Through the USDA is Still Available!
Did you know we can still offer zero down financing to buy a home? NOT all lenders have access to this program any longer, but the Tobias Team at NOVA Home Loans still does! VA financing is the only...
View ArticleSafeHouse Mortgage Protection Plan
NOVA Home Loans is offering the SafeHouse Mortgage Protection Plan – a program that will pay mortgage expenses on time should the participant lose his/her job or experience an economic misfortune. In...
View ArticleProtect Your Credit – Opt Out of Trigger Leads
Did you know that the major credit bureaus sell your personal information? It’s true! Known as “trigger leads”, the files of borrowers applying for a home loan are immediately flagged, packaged, and...
View ArticleGood News For Phoenix Economy and Housing
Good news for Phoenix came from a report from the Metropolitan Policy Program at Brookings. Below are keys points from the study reported by the Phoenix Business Journal. • For the fourth quarter of...
View ArticleFHA Putting Brakes on New Collection Guideline
FHA issued a new mortgagee clause on February 28th, 2012 that could really put a damper on our housing market. The new guidelines state that any borrower that has a cumulative amount of unpaid...
View ArticleClik here to view.
HARP 2.0 Refinance in Arizona
The HARP 2.0 refinance program that was rolled out a few months back has gained some traction in helping home owners refinance their upside down properties into more manageable payments. However,...
View ArticleNow is the Time to FHA Streamline!!
The Federal Housing Administration (FHA) has made it more worthwhile for borrowers to streamline refinance their current FHA loans. Up until now, borrowers choosing to refinance their FHA loan fell...
View ArticleVA Streamline with NO Appraisal!! It Does Not Matter Who Services Your Loan
The Tobias Team with NOVA Home Loans can now offer Streamline refinances for VA borrowers with NO appraisal and little qualifying. Most lenders will only allow a VA Streamline with no appraisal if they...
View ArticleAugust 2012 Single Family Results for Greater Phoenix
August 2012 Single Family Results for Greater Phoenix: • For twelve consecutive months the median sales price per square foot is up. In August 2012, it was $88.35 compared to $86.84 in July 2012 for a...
View ArticleHUD extends FHA Flip Waiver through 2014
FHA financing is typically not permitted for a purchase transaction if the current owner has owned the property for less than 90 days, unless the transaction fits into one of the following exemptions:...
View Article
