Entertainment and Recreation Mag - Issue V-413

 

Entertainment and Recreation Mag COVER Page
FULL PAGE ADVERTISERS
How YOU Can Advertise
In This Magazine




What is FHA loan?

Home mortgages are important part of the loans universe but we will concentrate here On a specific one called FHA. The Federal Housing Administration (FHA), a wholly owned government corporation, was established under the National Housing Act of 1934 to improve housing standards and conditions. Its goal was to provide an adequate home financing system through insurance of mortgages, and to stabilize the mortgage market.

FHA is not a loan, It’s an Insurance! If a home buyer defaults, the lender is paid from the insurance fund. An FHA loan allows you to buy a house with as little as 3% down payment, instead of the higher percentages required to secure many conventional loans. Taking advantage of the FHA loan program is a great way for first time buyers, or anyone with a shortage of down payment funds, to buy a home. It is not a program reserved only for first time home buyers. You can buy your third or fourth home with an FHA loan. The only stipulation is that you may only have one FHA loan at a time.

FHA helps low and moderate-income families purchase homes by keeping the initial costs down. By serving as an umbrella under which lenders have the confidence to extend loans to those who may not meet conventional loan requirements, FHA's mortgage insurance allows individuals to qualify who may have been previously denied for a home loan by conventional underwriting guidelines. It also protects lenders against loan default on mortgages for properties that include manufactured homes, single-family and multifamily properties, and some health-related facilities.

The two very basic terms you need to understand is PITI and Long Term Debt. PITI stands for Principle, Interest, Taxes, and Insurance. It is with relations to your Mortgage and property housing total monthly cost. Your maximum PITI should not exceed 29% of your gross monthly income.

Long term debt includes such things as car loans and credit cards balances.
In order to qualify for FHA loan your PITI + Long Term Debt should not exceed 41% of gross monthly income.

This is much lenient terms compared to conventional loan terms of maximum
PITI of 26% - 28% and Total PITI + Long Term Debt of 33% -36%.

Qualifying for an FHA loan you need the followings:

- Good credit history that shows you meet your financial obligations.
- PITI + Long Term Debt not to exceed 41% of gross monthly income.
- Sufficient cash down payment at time of closing. 3% of the total cost.
- Closing expenses cost of 2%-3% of the price of the house.
(Homeowner’s Insurance, Attorney’s fees, title fees, and title insurance,
Private Mortgage Insurance if you are paying less than 20% down, the loan
origination fee, and a fee that goes into the FHA insurance fund).

The FHA ARM - Adjustable Rate Mortgages is a HUD - US Department of Housing and Urban Development, mortgage specifically designed for low and moderate-income families who are trying to make the transition into home ownership. At the time it is issued, the ARM usually has an interest rate several percentage points below a fixed rate mortgage. The interest rate can change as market conditions change. If interest rates go up, so does your mortgage payment. If they come down, your mortgage payment comes down, too.
The reverse mortgage is often of interest to senior homeowners. This loan provides cash for living, health or other expenses. Payments are made to the borrower in a lump sum or monthly. Most reverse mortgages are issued to those 62 and older who own a debt-free home with no tax liens.
A Home Equity Line of Credit (HELOC) lets you use equity in your home to pay for home improvements, debt consolidation or other financial goals. With an acceptable debt, credit and employment history, you may be able to borrow up to 85% of the appraised equity in your home.

Balloon Mortgage - the buyer pays interest for three to five years on a balloon mortgage. After that the entire principal comes due all at once.

Source: http://www.loans-money-infoweb.com/




 

Entertainment and Recreation Mag
FULL PAGE ADVERTISERS

!-WANT_TO_PURCHASE_ MINERALS_&_OTHER_OIL_&_GAS _INTERESTS.pdf
0-A-Lawson.pdf
0-D-Baker.pdf
0-RL-Browning-Endless-Cash-System.pdf
0-S-DADA-The-Millionaires Club-Lotto-Tickets.pdf
00-A-Moore.pdf
00-E-Bynum.pdf
00-H-Clay.pdf
00-JC-Patton-Mail-Lists.pdf
00-Monique's Mail.pdf
00-R-Peterson.pdf
00-r-vandergrift.pdf
00-wrights.pdf
1-J-Hurley-Free-Money-Making-Downline-for-Life.pdf
1-M-Golden-Make-Money-Simple-Cash-Payment-Plan.pdf
1-R-Bacha-The- Perpetual-Wheel-of-Fortune.pdf
2-D-Foley.pdf
20-J-Hurley.pdf
20-JCPatton-Mail-Lists.pdf
20-Robert-Peterson.pdf
20-T-E-Abraham-The-Wealth-Union.pdf
3-D-R-Deegan-Cash-Retirementt-Plan.pdf
3-J-Hurley-Time-Freedom-Rings.pdf
5-L-Valentine.pdf
5-L-Valentine2.pdf
5-S-Ford-The-Largest-Permanent-Matrix.pdf
5-T-Abraham-The-Wealth-Union.pdf
6-McCray.pdf
7-D&A-enterprises-P&M.pdf
7-D-Deegan.pdf
8-180-Niche-package-offer-THE DOUGLAS MILLIKEN COMPANY.pdf
8-CR-Ellard.pdf
8-E-Molina.pdf
8-L-Valentine.pdf
99-JC-Patton-Opportunity-Seekers-Names.pdf
99-JC-Patton-Silver-Eagle_Pro.pdf
A-BRADLEY.pdf
D&A-enterprises.pdf
Gerard-Jeanty-1.pdf
Gerard-Jeanty-2.pdf
K-SCHECHTER.pdf
R-DEL-PILAR.pdf
Rabbi-Rev-Earl-Kelly.pdf
T-Johnson.pdf
Your-2016-ADSHEET-DIRECTORY1.pdf

 

WANT TO PURCHASE
MINERALS AND OTHER
OIL/GAS INTERESTS.

Send details to:
P.O. Box 13557
Denver, CO 80201


Current Issue of 05/23/2017


173


THE MAILBOX MAGIC!

Receive AD with YOU in #1. Start by Mailing $10 to Each Member. You will be in #2 & #4 in your recruit's Ads.
1. Cergine Cator
1327 NE 125 St.
N.Miami,FL 33138
2. Gerard Jeanty
12035 NE 2nd. Ave 3315
N.Miami,FL 33138
3. Akiko Frazier
98-838B Kaonohi St.
Aiea, HI 96701
4.Gerard Jeanty
12035 NE 2nd. Ave 3315
N.Miami, FL 33138

141


PRETTY BABY!

Hand & Body Lotion
Bath & Shower Gel Products
Made For A Smooth, Touchable You!
8 Oz. Set $29.00
WHITE SWAN
PO Box 303
Randallstown, MD 21133
Who's Baby Are You?

13


THE MAILBOX MAGIC!

Receive AD with YOU in #1. Start by Mailing $10 to Each Member. You will be in #2 & #4 in your recruit's Ads.
1. Cergine Cator
1327 NE 125 St.
N.Miami,FL 33138
2. Gerard Jeanty
12035 NE 2nd. Ave 3315
N.Miami,FL 33138
3. Akiko Frazier
98-838B Kaonohi St.
Aiea, HI 96701
4.Gerard Jeanty
12035 NE 2nd. Ave 3315
N.Miami, FL 33138

141


COOK LIKE A MASTER CHEF!

Your Friends Will Be Amazed When You Prepare And Serve These Delicious, Mouth-Watering, Easy -To-Prepare Recipes!!
YOU'LL DISCOVER SOME OF THE WORLD'S BEST RECIPES!
www.sensationalrecipesgalore.com
NICK REED ENTERPRISES
6403 Julie Street
San Diego, California 92115

92


FREE CATALOG OF THE BEST SELF-DEFENSE PRODUCTS!

HIDDEN CAMERAS, Mace, Pepper Spray, Stealth Surveillance Systems, Child Internet Safety and Many More Unique, Great Self-Defense Gadgets!
PLEASE SEND ONLY $3.00 TO COVER THE COST OF HANDLING & SHIPPING
Nick Reed Enterprises
6403 Julie Street
San Diego, California 92115
www.totalpersonalprotection.com
RETURN THIS AD WITH YOUR REQUEST

91


GAS & CASH EXPLOSION!
Never Pay For Gas Again!

Get a $25 Pre-Paid Gas Card
Just For Joining!
Receive Unlimited
$25 Gas Cards + $15 Cash!
For your master copies, your first $25 Gas Card, and to begin receiving Unlimited Gas Card & Cash Earnings, Send This AD + One-time payment of $75 to the Monitor:
DAVID BOWKER
1002 9th Ave. New Brighton, PA 15066
Referred By: Gerard Jeanty, ID#1180
Select 2 choices of Gas Cards:
Exxon BP Gulf Sunoco Shell Marathon CitGo

121


ON-LINE SHOPPING MALLS!

Do you shop at Wal-Mart, Target, Walgreen's, K-Mart, Radio Shack? How would you like to receive cash back, plus free entries in the $1,000,000 sweepstakes or join our affiliates program and receive 90% commission sales. Just go to: www.myedgeco.com/savings/jg6478
89


PRETTY BABY!

Hand & Body Lotion
Bath & Shower Gel Products
Made For A Smooth, Touchable You!
8 Oz. Set $29.00
WHITE SWAN
PO Box 303
Randallstown, MD 21133
Who's Baby Are You?

13


NEED EXTRA MONEY?

Write For FREE INFO On Earning
BIG BUCKS AT HOME!
And I Will Mail It To You ASAP.
Send S.A.S.E. To:
BRIAN ARENDELL
PO Box 20783
Portland, OR 97294

29


14 BEER RECIPES

Ingredients - Directions
Only $10.00 Cash or Money Order. Three more Beer Recipes Free.
WRIGHT'S CO.
P.O. BOX 1886
HORSHAM PA 19044
http://wrightsco.com

109


THE $500.00 A DAY PLAN


129


FOUNTAIN OF YOUTH DISCOVERED!
Along With Ways To Make Money Fast!

Imagine living to be 100,
looking half your age, disease free.
No more sickness, doctors,
medicine, hospital bills.
Prevent colds, flu, diabetes,
cancers, high blood pressure
and more.
My report reveals the secrets.
Plus, a Free bonus report.
Send $5 to:
BOYD CORBETT
HC 66, BOX 361
SPENCERVILLE, OK 74760

39



80


23 POPULAR FAST FOOD RESTAURANT DISCOUNT CARD



126


GET PAID "$500" OVER AND OVER
AGAIN FOR "DOING NOTHING"

Free Details! Return this ad with a Self Addressed Stamped Envelope to:
SAM's CODE# 521
2112 Hollywood Dr. #2A2
Jackson, TN 38305

71


BIG MAIL WANTED LISTINGS!

Your Name & Address Listed
Worldwide To Receive Tons Of Big Mail,
Business & Money Making Offers,
Dealerships, Free Special Mailing List.
You Also Get Free Reports To Get
You Started On Earning A Monthly Income.
Send This Ad, Your Info & $7 and 2 F/C Stamps To:
EDDIE NELSON
3312 - 20th. AVE.SO.
SAINT PETERSBURG, FL 33712

45


'REVUKIC'
MONTHLY INTERNATIONAL PUBLICITY MAGAZINE!

FOR: Penpals, Collectors, Romance, Marriage, Visits, Business, Cost Cash I, US$ or the Equivalent in Your National Currency!
Send:
Name&Address
MR/MS/MRS/Birthday
Language/Hobbies/Occupation/Nationality/Message
Plus I US$ Note or equiv. and details to:
LIAM O'SHEA
8 Peter Street,Clonmel
CO.Tipperary, Ireland

51


14 BEER RECIPES



114




75


FREE CASH!

Send me $3 for details on how you can get lots of it!
JACKSON
1259 EAST 58th. STREET
LOS ANGELES, CA 90011

125


WANT TO PURCHASE
MINERALS AND OTHER
OIL/GAS INTERESTS.

Send details to:
P.O. Box 13557
Denver, CO 80201

0


HATE MAIL!

The reason for Hate Mail and How To Respond.
Improve your customer service skills. Report with Reprint Rights $3.00
WRIGHT'S CO
PO BOX 1886
HORSHAM, PA 19044
http://wrightsco.com

133


ULTIMATE HOME PUBLISHING CD

Over 30,000 reports, MB of software,
thousands of postal & e-mail addresses
and much more!
For your own
"Ultimate Home & Internet Publishing Portfolio CD"
with unlimited duplication
and resell rights + a sales circular,
Rush only $39.95 by check or M.O. to:
HAROLD BOSI
PO Box 35-188
Elmwood Park, IL 60707

26




    


images_article



images_horiz_220x90



images_horiz_468x60



images_horiz_728x90



ad_images_mini



images_square

images_vert


Entertainment and Recreation Mag

Entertainment and Recreation Mag - COPYRIGHT © - ALL RIGHTS RESERVED