Hilde's Mortgage Blog

2010 is here and it's time to think about your tax returns
January 7th, 2010 2:57 PM

What to bring up with your tax advisor:

Did you participate in the AHFC energy rebate program? Those funds might be taxable income.

Did you spend any money for energy efficiency upgrades for your house in 2009? You might be eligible for a tax credit.

 

Posted by Hilde Stapgens, CMB (AK193345) on January 7th, 2010 2:57 PMPost a Comment (0)

Subscribe to this blog
FHA financing will be more expensive starting April 15th 2010
January 25th, 2010 12:25 PM

Some substantial changes to FHA financing in terms of borrower cost:

  • Changes are effective for case numbers assigned on or after April 5th, 2010. If you get your application in prior to that date and your lender has a chance to order your case number via FHA, you will still benefit from the old rule.

 

  • New upfront mortgage insurance premium (UFMIP) will be 2.25% for all purchase and refinance loans. Currently the UFMIP is 1.75% for purchase and regular refinances and 1.5% for streamline refinances. Some exceptions apply to some geographical areas outside of Alaska. Annual premiums collected via the monthly payments will not change at this time. 
Posted by Hilde Stapgens, CMB (AK193345) on January 25th, 2010 12:25 PMPost a Comment (0)

Subscribe to this blog
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

Residential Mortgage LLC 100 Calais Dr. Anchorage, AK 99503
Phone: Toll Free Phone: Cell: Fax:

Contact Us | Download Adobe Acrobat

Copyright © 2010 Residential Mortgage LLC
Portions Copyright © 2010 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map