Ethical Homes

Sustainable Mortgage & Real Estate Solutions

Congress extends closing period for homebuyer tax credit

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

Congress has passed the Homebuyer Improvement and Assistance Act of 2010, which extends the deadline by which certain buyers need to close on their purchases of homes in order to be eligible for up to $8000 in tax credits. Read the rest of this entry »

Flood Insurance Unavailable Due To Congressional Error

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

Buyers of homes in Special Flood Hazard Areas will probably be unable to close on their purchases for the next few weeks due to the failure of Congress to reauthorize the National Flood Insurance Program (NFIP). Read the rest of this entry »

FHA announces assistance for “Chinese” drywall homeowners

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

FHA has announced a program whereby homeowners with FHA mortgages who have been affected by recent issues with defective drywall can temporarily suspend or reduce payments on their mortgage in order to give them the additional cashflow that they might need to deal with those drywall issues. Read the rest of this entry »

Mortgage Scenario Snapshot 12/5/09

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

Here’s a quick overview of current mortgage rates/payments for some typical scenarios that we have run for consumers recently. Read the rest of this entry »

FHA announces plans to make FHA loans much less appealing

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

In testimony before Congress today, HUD Secretary Shaun Donovan announced plans to reduce the risk that FHA is exposed to in its loan insurance operations; these plans, however, will make FHA loans much less appealing to many borrowers, and may slow down the nascent recovery in the housing market. Read the rest of this entry »

Official FHA loan limits issued for 2010

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

FHA has issued their official loan amount limits for 2010. As previously announced, the overall cap was left at $729,750, but individual areas faced the possibility of having their limits set below that cap; with the new announcement, many of those higher-cost areas (including DC) can rest easy knowing that their local limits will not be decreasing. Read the rest of this entry »

How To Review And Dispute Items On Your Credit Report

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

Contact information and tips to help consumers monitor their credit reports and correct inaccurate information on those reports (for free). Read the rest of this entry »

Mortgage Scenario Snapshot 10/26/09

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

Here’s a quick overview of current mortgage rates/payments for some typical scenarios that we have run for consumers recently. Read the rest of this entry »

Mortgage Scenario Snapshot 10/22/09

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

Here’s a quick overview of current mortgage rates/payments for some typical scenarios that we have run for consumers recently. Read the rest of this entry »

FHA 2010 Limits Are NOT Changing

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Please note that Ethical Homes is not currently taking on any new cli ents.  If you have questions, feel free to submit an inquiry using our cont act forms; however, please be aware that there may be an extended delay before w e are able to respond to you. If you have been referred to us by one of our prio r clients, we would be glad to connect you to trusted partners who can help you; however, as noted above, our response times for inquiries using this website wi ll be delayed, so the best approach would be to have the person who referred you to us contact us by phone or email.

Although the loan limits on high-balance conforming mortgage loans may be decreasing significantly in coming months, FHA mortgages should not be affected by those changes. Read the rest of this entry »

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