All Posts in Jeff Onofrio
FHA 203K…The Contingency Reserve
January 8, 2012
What’s The Contingency Reserve? The Contingency Reserve is something that needs to be addressed because it’s an extremely important part of the FHA 203k loan. The Contingency Reserve is there for cost overruns- it is a component that is put in place to protect the home buyer or home refinancer in case of additional costs or expenses [...]
FHA 203k Mortgage’s and Underwater Properties- Is there hope?
May 3, 2011
One of the best parts of FHA 203k mortgages is that overnight your property can “Poof” have equity! Who would have thought that is possible in this real estate environment – not most people, so let me explain in detail how this works. Current Home Specs and Estimated Value You own a home that is [...]
FHA 203k Interest Rates- Are they higher?
February 27, 2011
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Meet Jeff
Jeff Onofrio is a branch manager and mortgage loan originator who is currently licensed in 16 states. He has been in the mortgage business since the late 90’s and has worked in every aspect of the business which gives him a unique perspective on the business. NMLS # 38670 Learn more »
Cheryl Dare is a licensed realtor with Keller Williams Realty and blogs about real estate topics. Learn more »
Krista Ludvigsen is a sales representative for Liberty Mutual Insurance and is dedicated to offering affordable insurance programs to help you lead a safer, more secure life. Krista blogs about insurance topics and provides tips and information you can use right now. Learn more »
Tim McQuillan provides credit analysis and simulation software for mortgage origination companies through CreditXpert’s secure integration with every mortgage credit reporting agency (CRA) in the United States. Learn more »
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