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Mortgage Points Of Interest

Mortgage Points Of Interest

As you may be aware the mortgage and real estate market is really in a boom state despite the weather. There is an increase in interest and activity and more purchase contracts coming in. On the flip side interest rates are on the rise, especilly with con

Feb 21, 2015 |

HELPING  POTENTIAL BUYERS AND BORROWERS

HELPING POTENTIAL BUYERS AND BORROWERS

Let us help the buyers and borrowers by allowing us to talk with them to discuss loan programs,their best loan options, credit concerns,rates and payments, the loan process, etc. our phone is available 24/7, so let us do the work and help with the answers

Feb 07, 2015 |

GETTING PRIOR CLIENTS TO UPGRADE

GETTING PRIOR CLIENTS TO UPGRADE

have you considered that with interest rates being so low, that you could contact your prior clients and inform them of how much more home they could get for the same payment they are paying now? Interest rates are down about 1%+ for most of your prior cl

Jan 30, 2015 |

MORTGAGE INSURANCE EXPLAINED

MORTGAGE INSURANCE EXPLAINED

Mortgage insurance is required on all FHA loans and on Conventional loans where there is less than 20% equity. This covers the Lender's risks. FHA charges the client with two forms of mortgage insurance. There is a 1.750% upfront mortga

Jan 24, 2015 |

CREDIT SCORES AND POTENTIAL BUYERS

CREDIT SCORES AND POTENTIAL BUYERS

Credit scores can make or break a deal, BUT perhaps not as much as you have been led to believe.Yes, most lenders want a 640 score or better for their Conventioanl,FHA,USDA,or VA approvals,BUT there are lenders that will approve the buyer with less attrac

Jan 17, 2015 |

VERY IMPORTANT MORTGAGE ANNOUNCEMENTS

VERY IMPORTANT MORTGAGE ANNOUNCEMENTS

THERE ARE 3 IMPORTANT ANNOUNCEMENTS THAT WILL EFFECT YOU: 1) THE WHITE HOUSE IS PREPARING TO DO AN EXECUTIVE ORDER TO CUT FHA PREMIUMS BY 50 BASIS POINTS (this will allow less fees for a FHA loan and allow more buyers), 2) USDA IS CHANGING THEIR ELIGIBILI

Jan 09, 2015 |