Daniel Litvin's (gr8r8) Blog

President Obama's Making Home Affordable Program has helped hundreds of thousands home owners refinance their home and save money every month even though their homes had very little equity or their home was worth less then what was owed.  Current home owners that have little or no equity anymore ...

So what exactly is the FHA 203K loan and how can it help you?  The Section 203(k) program is HUD's primary program for the rehabilitation and repair of single family properties.  This loan can be used for repairing a home you wish to purchase or one you already own by refinancing your property.  ...

To the average borrower it may appear that the Rural Development loan that is ran by the USDA is currently not being offered, but it is!  It's a fact that RD ran out of money earlier this year, but there has been a 2.5 Billion dollar infusion of cash to tide this program over.  Some lenders are s...

While the country remains fixated on the problems of the overall housing market, many people are facing a much more personal issue - what to do with their own home when a change is needed. Whether it is the birth of a child, an elderly parent moving in, a job change, or just time for something di...

Mortgage rates again moved downward as European debt concerns continued to mount. In addition to Greece's issues, Spain saw its debt downgraded last week. All of this continues to drive a major international "flight-to-quality" with US treasuries seen as one of the safest places to stash money. E...

With ongoing changes in demographics, your "typical" home may need some remodeling to accommodate some of the changing housing requirements. Many families are choosing to have older parents live with them. While some homes may need changes to handle the physical needs of older occupants, many fam...

Ok, so you're a Realtor or loan officer with a client that just told you that they completed a short sale in the past year.  Your first thought is probably something along the lines of "See ya", "Good luck" or maybe at best "I'll put you in my tickle file and call back in two years".  The facts a...

RESPA, the 2010 GFE, MDIA, and general reform.  Yes it happened and it takes some understanding to be able to stay in the game and know what your doing, but isn't that the point a more educated mortgage lender?  I'm not saying that it's fun, but this is the world we now have to live in to stay in...

Earn 85% working from our beautiful Rochester location or from your home.  Independent Loan Officers who have registered with the State of Michigan or are in process of registering are eligible for this awesome opportunity.  Loan Officers should be 100% self sufficient, able to develop their own ...

I know I had previously stated that in ground pools were not allowable for homes purchased with the zero down home loan offered by Rural Housing, but I WAS WRONG!  After working with a borrower that found a house that did have an in ground pool, I called Rural Housing to confirm and they informed...