George Souto Mortgage Loan Originator

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Mortgage and Lending - George Souto NMLS #65149 - NMLS #65149

ARCHIVED BLOG POSTS

2009 

17 Comments
The new Tax Credit has created a great new opportunity for all First Time Home Buyers, but it has created an even bigger opportunity for who are able to qualify for a CHFA Loan.  The previous Tax Credit was not available for mortgage loans that were funded/backed by Tax Exempt Bonds.  But the ne...
02/27/2009

15 Comments
Ever since the passage of the New Stimulus Package, we have been anxiously awaiting FHA to formally announce their new higher Loan Limits.  This finally happened yesterday when FHA published Mortgagee letter 2009-07 which included the 2009 TEMPORARY FHA loan limits which will be the same as the 2...
02/26/2009

9 Comments
This past Friday, we at McCue Mortgage had the pleasure of having Linda Davis as our guest speaker, at our monthly Sales Meeting.  Linda shared her knowledge of the many websites that she is familiar with, that we can use to expand our business, and reach out to today's Buyers/Borrowers.  Linda o...
02/24/2009

44 Comments
Earlier today I received an update from the President of McCue Mortgage, Bill McCue, on the Stimulus package that the House and Senate have come to agreement on, and expected to be signed by President Oboma some time today. This update was mainly on the Tax Credit which has been in place for almo...
02/16/2009

33 Comments
As some of you might know by now, the House passed a stimulus bill last week. In my opinion the two key provisions of the House bill is the restoration of 2008 loan limit sand new tax credit. The Senate has not yet passed the entire Stimulus Bill but passed an expansion of the tax credit proposal...
02/06/2009
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