Virtually everyone has seen the commercial where a big dot com mortgage lender portrays how they have less paperwork than any of their competition. Likewise most people have some idea of the basic mortgage qualifications for Fannie and Freddie loans and FHA insurance. Skip forward. There are literally dozens of major banks who offer the…
Monthly Archives: March 2010
HAFA: 2 Guys, 2 Burgers and a Voice Recorder
I try to eat lunch every day. And earlier this week, I happened to bring a voice recorder with me and taped a conversation about the new HAFA program with a local Arizona short sale expert, Dean Ouellette. Justin: Hey, what do you think about the recently announced HAFA program? Dean: HAFA? It should be…
VA offers host of ways for vets to avoid foreclosure
VA loans have the lowest foreclosure rate of any product on the market, according to a winter announcement from the Department of Veterans Affairs. Part of that success is due to the loan counseling experts at the VA, who work tirelessly to keep veterans and their families from losing their homes. The VA has a…
Wanting A USDA Loan? Better Hurry. Maybe.
USDA loans have become a popular option to finance a home (when the property qualifies) because with a USDA loan, there is no mortgage insurance and no down payment requirement. Yes, you read that right – you can still get 100% financing when you finance an eligible property with a USDA loan. It seems that…
Renovation Financing: Would you invest $2,500, if in 6 month you would be handed $29,000?
I don’t know about you…But I would… That has been the average return on the additional closing costs associated with a renovation 203K loans that I have closed in the last quarter. By no means am I saying that buying a home is a can’t miss investment…but if you are in the market for a…
VA Loans and the Home Buyer Tax Credit for Veterans
The one thing I’ve always loved about VA loans is how every unique guideline is designed to benefit the veteran. More information regarding these benefits can be found on a related blog post here. Many of my colleagues who do home loans prefer not to do VA loans due to the complexity of the guidelines….
Choosing the RIGHT Realtor Before the Tax Credit Ends
As the First Time Home Buyer tax credit comes to an end, it seems as though home buyers are taking longer to find a home that suits their needs. One may call it an issue of supply and demand, however, most are calling it “My Realtor sucks!” Just like early 2007, real estate was booming…
Newest and Affordable Homes in Toronto West and Brampton
A4dalehomes.com has updated its MLS Listing, find the newest homes in Toronto west,Brampton,Mississauga,Etobicoke,Oakville on low rate finance. Get the suitable plan and home as per your budget. Click Here to Get Great Rates And A Speedy Approval From Lending Tree Without Any Hassels. Go to Source
Focused on first homes and renewals, Bello Mortgage helps you find the best loan
Mortgage Rates Fully Recovered from Recent Uptick. Energy Building in Benchmarks
Consumer mortgage borrowing costs improved a few basis points yesterday as prices of mortgage backed securities ticked higher, recapturing the price losses that occured late last week. As the price gains held through close, most lenders repriced better, lowering consumer borrowing costs by 0.125 to 0.25 discount points . It was another light day of…