Aundrea Beach-Greco Mortgage Blog Great News – Mortgage Insurance is Tax-Deductible through 2011 January 7th, 2011 12:18 PM Great news for the New Year! The mortgage insurance tax-deductibility law has been extended through 2011.* Eligible borrowers with adjusted gross incomes up to $100,000 may be able to deduct 100% of the MI premiums paid in 2011. Deductions are phased out in 10% increments for borrowers with adjusted gross incomes between $100,000 and $109,000. For more details, please check out this great resource  Tax-Deductibility FAQs. If you have any questions, please contact us directly. Happy New Year and thank you for your continued support! Sincerely, Aundrea Beach-Greco The Beach-Greco Team Mortgage Advisor, CMP, CMPS Residential Mortgage Services Cell | 702. 326.7866 Fax | 702. 446.8646 Toll Free | 877. AUNDREA info@aundreabeach.com www.AundreaBeach.com| www.TailorMyMortgage.com * For eligible borrowers who are married, single or head-of-household. Based on borrower-paid premiums allocable to mortgage insurance certificates issued in 2007 – 2011. Borrowers should consult their tax advisors concerning applicability of this deduction to their circumstances under the Internal Revenue Code and the laws of any other jurisdiction. This information is not intended or written to be used, and it cannot be used, for the purpose of avoiding U.S. federal, state or local tax penalties. Posted by Aundrea Beach-Greco on January 7th, 2011 12:18 PMPost a Comment (0) Subscribe to this blog * Name: * Email Address: URL: Comment: Type the characters you see in this picture, click "Submit" when finished.   This helps us prevent automated programs from posting comments and sending spam. * Name: * Email Address: Address: City: State: Zip:   This helps us prevent automated programs from creating bogus contacts and adding them to your contacts database.

Recent Posts: April 2012: HARP 2.0 Update for NV New FHA rule will affect credit for homebuyers as of April 1st FHA 203(k) for Foreclosure Fix-Ups How Many Times Can You Refinance With The FHA Streamline Refinance? Gov't Aid for FHA Streamline Refinances! Changes to FHA MIP: Realtors and Current Buyers need to know! FHA changes to Mortgage Insurance as of 4/1/12 Foreign Nationals...Financing is available Documents That Help You Maximize Real Estate Tax Breaks FHA Mortgage Rates Remain Below 4%...For Now... Archive: September 2008 Tax issues related to Foreclosures, Short Sales, Repos Posted by Aundrea Beach-Greco on September 25th, 2008 5:51 PM $7500 Tax Credit for first time home buyers Posted by Aundrea Beach-Greco on September 15th, 2008 8:47 PM Can't Afford It - Can't Sell It - Can't Refinance It Posted by Aundrea Beach-Greco on September 14th, 2008 6:00 PM January 2012 Use your tax return refund as the down payment on a home Posted by Aundrea Beach-Greco on January 30th, 2012 12:01 PM Had a BK, FC or Short Sale? Own a home sooner than you think! Posted by Aundrea Beach-Greco on January 16th, 2012 8:17 PM HARP 2.0 Update...you may have to wait until March Posted by Aundrea Beach-Greco on January 13th, 2012 3:01 PM December 2011 Freddie Mac Predicts: Mortgage Rates to Stay Low in 2012 Posted by Aundrea Beach-Greco on December 28th, 2011 4:31 PM FHA Extends Flips Through 2012 Posted by Aundrea Beach-Greco on December 23rd, 2011 10:30 AM November 2011 Foreclosures still a problem in Vegas Posted by Aundrea Beach-Greco on November 22nd, 2011 5:50 PM Extension for FHA Jumbo Loan Limits Posted by Aundrea Beach-Greco on November 21st, 2011 10:35 AM HARP refi 2.0 Update Posted by Aundrea Beach-Greco on November 16th, 2011 3:36 PM FHA Mortgage Rates Hover Near All-time Lows Posted by Aundrea Beach-Greco on November 7th, 2011 11:24 AM October 2011 New HARP Refinance FAQ's & Updates Posted by Aundrea Beach-Greco on October 31st, 2011 2:21 PM New HARP refinance... are you underwater? Posted by Aundrea Beach-Greco on October 31st, 2011 12:30 PM VA Funding Fees have been lowered...Great News for our Veterans! Posted by Aundrea Beach-Greco on October 5th, 2011 12:09 PM FHA loan limits have decreased!! Make sure you are in the know.... Posted by Aundrea Beach-Greco on October 5th, 2011 12:01 PM June 2011 Hardest Hit Funds Now Available to Nevada Posted by Aundrea Beach-Greco on June 22nd, 2011 12:06 PM May 2011 Don't leave free money on the table Posted by Aundrea Beach-Greco on May 22nd, 2011 12:08 PM April 2011 Special Buyer Incentive Offer -- Ends Soon! Posted by Aundrea Beach-Greco on April 30th, 2011 5:18 PM FHA Monthly Mortgage Insurance Increase Takes Effect Today_4-18-11 Posted by Aundrea Beach-Greco on April 18th, 2011 8:03 PM Extension of the Home Affordable Refinance Program Posted by Aundrea Beach-Greco on April 11th, 2011 1:31 PM March 2011 Had a BK, Foreclosure or Short Sale? You can own a home sooner than you think... Posted by Aundrea Beach-Greco on March 17th, 2011 7:38 PM Jumbo Loans Available Up to $1Million : Fixed and Adjustable interest rates Posted by Aundrea Beach-Greco on March 11th, 2011 1:21 PM FHA 30 Yr Fixed with credit scores down to 620 FICO Posted by Aundrea Beach-Greco on March 10th, 2011 5:46 PM IRS Form 1099-A and 1099-C After Bankruptcy, What Do I Do? Posted by Aundrea Beach-Greco on March 1st, 2011 5:58 PM February 2011 Las Vegas Depreciation Map and Stats Posted by Aundrea Beach-Greco on February 18th, 2011 6:48 PM Why use Aundrea Beach-Greco and RMS...Here's why... Posted by Aundrea Beach-Greco on February 18th, 2011 6:22 PM FHA News Alert - Annual MIP Increases Posted by Aundrea Beach-Greco on February 17th, 2011 3:08 PM Buy and finance a Fannie Mae REO - it's Easy! Posted by Aundrea Beach-Greco on February 6th, 2011 10:42 AM January 2011 FHA EXTENDS 'ANTI-FLIPPING WAIVER' TO HELP STABLIZE HOUSING MARKET Posted by Aundrea Beach-Greco on January 31st, 2011 6:39 PM Annual Economic & Mortgage Forecast 2011: What to Expect and Why! Posted by Aundrea Beach-Greco on January 20th, 2011 1:54 PM Treasury Drops Short Sale Requirements for HAFA Posted by Aundrea Beach-Greco on January 12th, 2011 3:02 PM Great News – Mortgage Insurance is Tax-Deductible through 2011 Posted by Aundrea Beach-Greco on January 7th, 2011 12:18 PM November 2010 Give Your Kids a Chance Posted by Aundrea Beach-Greco on November 30th, 2010 1:43 PM October 2010 The Foreclosure Moratorium: What It Means to You Posted by Aundrea Beach-Greco on October 27th, 2010 5:39 PM Myths Could Hurt Your Credit Score Posted by Aundrea Beach-Greco on October 6th, 2010 12:16 PM September 2010 FHA MIP Changes Now Official Posted by Aundrea Beach-Greco on September 3rd, 2010 4:47 PM August 2010 Save Money: Interest Rates Are at Historic Lows! Posted by Aundrea Beach-Greco on August 26th, 2010 1:48 PM July 2010 APPROVED: homebuyer tax credit extension Posted by Aundrea Beach-Greco on July 6th, 2010 11:28 PM June 2010 Ways To Reduce Your Debt Stress! Posted by Aundrea Beach-Greco on June 26th, 2010 10:14 AM Why aren't you working with us? Posted by Aundrea Beach-Greco on June 20th, 2010 10:51 AM Homebuyer Tax Credit is Extended!! Posted by Aundrea Beach-Greco on June 17th, 2010 8:06 AM Others Are Acting Quickly…Don't Miss This Opportunity Posted by Aundrea Beach-Greco on June 2nd, 2010 5:07 PM May 2010 Great News for Buyers with a Short Sale! Posted by Aundrea Beach-Greco on May 21st, 2010 11:57 PM News Flash: Buying Flip Homes - Don't Wait 90 Days! Posted by Aundrea Beach-Greco on May 21st, 2010 8:04 AM Military personnel qualify for the tax credit through 2011! Posted by Aundrea Beach-Greco on May 2nd, 2010 1:00 PM April 2010 The Homebuyer Tax Credit Ends Soon Posted by Aundrea Beach-Greco on April 23rd, 2010 11:23 PM February 2010 How interest rates move and what you need to know Posted by Aundrea Beach-Greco on February 9th, 2010 11:34 AM January 2010 Those Who Wait to Buy a Home Until this Spring... Will Pay Thousands More!! Read why... Posted by Aundrea Beach-Greco on January 27th, 2010 1:21 PM FHA 90-Day Seasoning Waiver Expanded Posted by Aundrea Beach-Greco on January 18th, 2010 12:55 PM Special Report: Detailed Mortgage Forecast for 2010 Posted by Aundrea Beach-Greco on January 13th, 2010 10:34 AM December 2009 Nevadans: Steps to challenging your property taxes Posted by Aundrea Beach-Greco on December 15th, 2009 7:20 PM 2009 Year End Tax Tips Posted by Aundrea Beach-Greco on December 6th, 2009 3:16 PM November 2009 $8,000 homebuyers tax credit extended Posted by Aundrea Beach-Greco on November 6th, 2009 7:18 PM October 2009 Q&A: The Home Buyer Tax Credit Extension Posted by Aundrea Beach-Greco on October 29th, 2009 8:24 PM Don't let FHA changes slow you down! Posted by Aundrea Beach-Greco on October 19th, 2009 3:25 PM $8000 buyer tax credit may be extended... Posted by Aundrea Beach-Greco on October 3rd, 2009 7:35 PM August 2009 Important Fraud Alert!! Lowering your property taxes Posted by Aundrea Beach-Greco on August 25th, 2009 12:47 PM Will Homeowners and Buyers Lose $45,000? Posted by Aundrea Beach-Greco on August 13th, 2009 4:43 PM July 2009 $8000 tax credit likely to extend to 2011 Posted by Aundrea Beach-Greco on July 12th, 2009 11:42 AM This Just In: Refinance at 125% of Market Value Posted by Aundrea Beach-Greco on July 9th, 2009 9:53 AM June 2009 Top 3 Bailout Strategies for Real Estate Investors Posted by Aundrea Beach-Greco on June 9th, 2009 11:45 AM May 2009 Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #5 – Tenants are Better Protected in the Event of Their Landlord’s Foreclosure Posted by Aundrea Beach-Greco on May 26th, 2009 7:02 PM Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #4 – Borrowers Must be Notified When Ownership of Their Mortgage Changes Posted by Aundrea Beach-Greco on May 26th, 2009 7:01 PM Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #3 – $250,000 FDIC Insurance Limit Extended to December 31, 2013 Posted by Aundrea Beach-Greco on May 26th, 2009 7:00 PM Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #2 – New and Improved FHA Hope for Homeowners Program Posted by Aundrea Beach-Greco on May 26th, 2009 6:58 PM Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #1 – Loan Modifications and Short Sales Should Get Easier Posted by Aundrea Beach-Greco on May 26th, 2009 10:22 AM Tax strategies using the $8000 tax credit this year... Posted by Aundrea Beach-Greco on May 3rd, 2009 8:42 AM April 2009 Mortgage rates "close to bottoming out" Posted by Aundrea Beach-Greco on April 3rd, 2009 12:45 AM March 2009 What the "Making Home Affordable" program means to YOU! Posted by Aundrea Beach-Greco on March 5th, 2009 11:56 AM February 2009 Are you eligible??... Obama Unveils Homeowner Affordability and Stability Plan Posted by Aundrea Beach-Greco on February 20th, 2009 2:58 PM Economic Stimulus Plan Benefits the Housing and Mortgage Industries_2.17.09 Posted by Aundrea Beach-Greco on February 17th, 2009 3:36 PM Special Tax Break for Seniors! Posted by Aundrea Beach-Greco on February 17th, 2009 3:30 PM Senate OKs $15,000 tax break for homebuyers Posted by Aundrea Beach-Greco on February 6th, 2009 11:10 AM January 2009 Mortgage Market Forecast for 2009 Posted by Aundrea Beach-Greco on January 15th, 2009 11:42 AM December 2008 Credit Scores In For A Change Posted by Aundrea Beach-Greco on December 14th, 2008 10:32 AM November 2008 REMINDER: New FHA Guidelines take effect 1-1-09 (NV) Posted by Aundrea Beach-Greco on November 30th, 2008 8:42 PM New Conforming Loan Limits Posted by Aundrea Beach-Greco on November 9th, 2008 2:29 PM SPECIAL REPORT: Save Your Credit, Save Your Life! Posted by Aundrea Beach-Greco on November 5th, 2008 9:50 AM October 2008 Watch out!!! Is your Home Equity protected from general creditor claims? Posted by Aundrea Beach-Greco on October 24th, 2008 9:08 AM HUD's HOPE for Homeowners Program Posted by Aundrea Beach-Greco on October 17th, 2008 10:41 AM FHA Secure Program... Delinquent homeowners have choices... Posted by Aundrea Beach-Greco on October 14th, 2008 10:10 AM How you can finance up to $35K for repairs on your home... Posted by Aundrea Beach-Greco on October 14th, 2008 8:57 AM What you need to know about the Rescue Plan Posted by Aundrea Beach-Greco on October 6th, 2008 9:13 AM January 2012 (3) December 2011 (2) November 2011 (4) October 2011 (4) June 2011 (1) May 2011 (1) April 2011 (3) March 2011 (4) February 2011 (4) January 2011 (4) November 2010 (1) October 2010 (2) September 2010 (1) August 2010 (1) July 2010 (1) June 2010 (4) May 2010 (3) April 2010 (1) February 2010 (1) January 2010 (3) December 2009 (2) November 2009 (1) October 2009 (3) August 2009 (2) July 2009 (2) June 2009 (1) May 2009 (6) April 2009 (1) March 2009 (1) February 2009 (4) January 2009 (1) December 2008 (1) November 2008 (3) October 2008 (5) September 2008 (3) My Favorite Blogs: Sites That Link to This Blog:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Doctors, lawyers, even beauticians adhere to strict education requirements and licensing.  Do you want someone who is not bound to certain mortgage licensing standards looking at your credit and finances? Consult a CMPS™!

Certified Mortgage Planning Specialist, CMPS™ represent a new professional category in the mortgage sector: one that arose as a response to legitimate criticisms of the mortgage banking industry.

Mortgage Planners must have regional mortgage licensing, undergo structured training, and pass a battery of tests in order to be certified by private Certified Mortgage Planning institutions. They must also pursue and document ongoing training regarding the mortgage banking industry, the markets that impact home finance products, the role of interfacing with financial services professionals, and the methods, means, and ethics associated with advising consumers on home mortgages.

Certified Mortgage Planners work in concert with other finance professionals, including Realtors, CFPs, CPAs, Insurance Agents and Attorneys to ensure that consumer home finance products are in alignment with market trends, both current and historic. The deliverable of a Certified Mortgage Planner is a "Mortgage Plan" designed to maximize home equity and improve cash flow while wisely managing debt. CMPS professionals are committed, qualified and equipped to implement mortgage, cash flow and real estate equity management strategies that help consumers: Build and conserve wealth, Become debt free sooner, and Achieve financial freedom.

NV AGENT LICENSE #24392 - NMLS # 333739
We do business in NV, CA, OR, AZ, UT, NM, TX

Lending for over 15 years...and still going strong!