Erica's Blog

There are only two 100% financing options still available, one is Rural Housing and the other is VA. Rural Housing has certain areas that are eligible and has income limits depending on the amount of people in the household. Every county is different as well as every state.  You can check the pro...

I found this article in the news paper today. What a great article for us Lenders and Realtors to let the market know buying is the better deal! Buying vs. renting For more people, scales tip toward buying a home By ALEX VEIGA AP Real Estate Writer     For Aaron Carter, a musician who was struggl...

It's a brand new week and we have some programs to help get your clients into that dream home!!!   Loan Program & Guideline Updates FHA 3.5% down (can be a gift from relative) Minimum 530 credit score Upfront Mortgage Insurance required Monthly Mortgage Insurance required PRIMARY  RESIDENCE ONLY ...

It's surprising how many consumers make the same credit scoring mistakes over and over again. In an effort to educate consumers on credit and credit scoring, we've compiled 5 common credit scoring mistakes into a list that defines each mistake and explains why they are bad and how to avoid them: ...

I did a little research on Gulf Power's website because my energy bill was OUTRAGEOUS this month! Here are some simple ways to save money and still have that perfectly comfortable temperature inside your home. Here's what I learned:   Q. What is the most efficient thermostat setting for air cond...

Regardless if you are feeling the pinch from the worldwide economic downturn, we could all use some genuine and easy to implement energy saving ideas. We all know to lower the thermostat when we sleep at night and to install low flow shower heads, but we may not realize just how much the followin...

What are the benefits of RURAL HOUSING? 102% Financing NO Mortgage Insurance 30-Year FIXED rate NO loan limits Closing costs can be financed UNLIMITED SELLER CONTRIBUTIONS! NO Reserves required! CAN get up to their EMD money back at closing   What about repairs? Repairs can be financed but must ...

   Here are a few Q&A's about the Energy Efficient Mortgage. I just finished the NAR GREEN Designation class. I took even though I am not a REALTOR, I sure learned alot! Q: How does the EEM benefit the borrower? A: The EEM benefits the borrower in several ways. First, the estimated energy savings...

Has anyone ever asked you the question, "What Shade of GREEN are you?"" If they did, do you know what you would say? That all depends on what you are trying to achieve. Are you recycling, not littering, planting trees, driving an "smart car", or upgrading your home to be more energy efficient? If...

Are you looking to refinance? What about purchasing that new home you have had your eye on? If so, it is the perfect time to take advantage of the all time low rates! The article below was in today's paper the Northwest Florida Daily News. Call me if you have any questions! Mortgage rates fall WA...