George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages - NMLS #65149

ARCHIVED BLOG POSTS

2011 

Mortgage Fraud On The Risedue to more and more Borrowers not telling the truth when they are applying for a Mortgage.  Borrowers are lying about their intent to occupy the property that they are applying for a Mortgage on, and about the income they make.  As a result occupancy fraud has risen as ...
06/06/2011
The Middlesex Chamber of Commerce will be having a Business After Work.  Date: 6/13/2011 Time: 5:00 PM TO 7:00 PM Courtyard By Marriott Cromwell 4 Sebethe Drive Cromwell, CT 06416 I try to attend as many of these Business After Work event as possible, because I have always found them to be a grea...
06/05/2011
To quickly recap this VA Mortgage Seriers, we have covered so far the VA Condo Approval Process, an overview of the VA Mortgage Loan Program, VA Mortgage Funding Fee. and How To Obtain A Certificate Of Eligibility.  Next I will explain how Residual Income is calculated. Residual Income also known...
06/04/2011
To recap this series on VA Mortgages so far I have covered the VA Condo Approval Process, an overview of the VA Mortgage Loan Program, and VA Mortgage Funding Fee.  Next we will look at How To Obtain A Certificate Of Eligibility. There are several ways to obtain a Certificate of Eligibility.  The...
06/03/2011
So far in this series on VA Mortgages I have covered the VA Condo Approval Process, and an overview of the VA Mortgage Loan Program.  Next we will look at a component of the VA Mortgage Loan Program that is some times misunderstood, the VA Mortgage Funding Fee. VA Mortgages have a Funding Fee whi...
06/02/2011
Last week I posted the first blog in this VA Loan series.  As I stated last week, in most cases I would start off by giving the highlights of the program as an introduction to the series of blogs that I plan to do, but in this case I start off by addressing the Condo Market first. My reason for d...
06/01/2011