Gabe Libutti McLean Mortgage Corporation

Is a reverse mortgage right for you? Sure, it's an easy source of extra income. But there are risks. On the face of it, a reverse mortgage sounds like a no-lose deal for older homeowners. A lender gives you what amounts to a cash advance on your home equity -- no minimum income or credit score re...

New home sales blast past expectations More people are buying: Sales of new homes hit their highest level since last September. Sales of newly constructed homes leaped unexpectedly in July to hit their highest level since last September. New homes sold at an annualized rate of 433,000 during the ...

Property taxes: How to beat 'em Getting overcharged? Appeal your property tax bill the smart way. You know that your home's value has tanked. So why doesn't the blasted tax man? Home prices fell 27% from the 2006 peak to the end of 2008, according to the S&P/Case-Shiller Index, while the amount m...

Act fast! Homebuyer tax credit ends soon There's barely three months left before the $8,000 tax credit for first-time buyers ends -- and it can take that long to close on your new home. NEW YORK (CNNMoney.com) -- Use any metaphor you want: the ticking clock, sands running through the hourglass or...

How I got a $200,000 credit line You'll need to demonstrate more than solid financials to get a bank behind your business. Sharon Brown, president of EOSS Environmental and Occupational Safety Services Founded: 1995 Headquarters: Red Bank, N.J. Employees: 23 Revenue: $2.7 million Startup stories:...

Third largest bank failure of 2009 announced Texas-based Guaranty Bank is bought by Spanish bank. Regulators also seize institutions in Alabama and Georgia, bringing this year's tally to 81. NEW YORK (CNNMoney.com) -- Guaranty Bank was closed by federal regulators Friday in the third largest bank...

FHA 203k Program HUD’s Section 203(k) loan is one of many FHA programs that make mortgage credit available to borrowers when buying or refinancing a house that is need of repair or modernization. Unlike conventional rehab programs, the 203k has the same relaxed credit and income qualifying and l...

Existing homes selling fast - record fast The volume of home re-sales has been on the upswing for four consecutive months. NEW YORK (CNNMoney.com) -- Sales of existing homes rose in July for the fourth consecutive month, lending support to economists who argue a recovery is near. Sales of previou...

Why American Home Bank! Below are a couple reasons I chose AHB, most importantly I think the reasons below will help improve your business as well! Company Factors Licensed in 50 States. Federally Chartered Bank. Portfolio Lending! Products Factors I look forward to working with you again and sho...

Homes still affordable - really affordable The bright side of the housing bust: Homebuying has not been this affordable in a generation. NEW YORK (CNNMoney.com) -- Homes continue to be more affordable than they have been in nearly two decades. The typical American family, making the nation's medi...