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

2012 

What Is A Mortgage Assumption?  A Mortgage Assumption is a feature that both FHA and VA Loans have.  The Assumption feature permits a Homeowner that has a FHA or VA mortgage to let Buyer who wants to purchase their home, to take over their monthly payments at the same term and interest rate that ...
09/06/2012
  September Is Registration Time For The Boy Scouts. I have written about the Boy Scouts in several blogs in the past and will continue to do so in the future.  The Boy Scouts have a special place in the life of my family.  Both of my sons are Eagle Scouts, and I was involved in Cub Scouts and B...
09/06/2012
I have on a number of occasions done mortgages for very young Borrowers, and Borrowers that are in their advanced years.  Usually when I am contacted by a very young, or older Borrower they ask Are There Age Limits For Borrowers?  The answer to their question is simple, there are no maximum age l...
09/04/2012
  Soccer has been a growing sport in Connecticut now for a number of years, and Wallingford Connecticut Youth Is Holding Soccer Registration right now.  Wallingford Connecticut Youth Soccer has grown to the point, that Wallingford not only has Fall Youth Soccer, but Youth Soccer in the Spring as...
09/04/2012
EPLS Reports What Are They And What Do They Do?  EPLS is a term that everyone should be familiar with if they are involved in Real Estate, but very few are familiar with it unless they are apart of the Mortgage Industry.  The term EPLS stands for "Excluded Parties List System", more commonly ref...
09/03/2012
With property values and interest rates being as low as they are, more and more people are beginning to think of Real Estate as a good investment again.  As a result a number of the Borrowers that I am talking to these days are looking to keep the property that they presently own, and purchase a ...
09/01/2012
Blue Moon Over Middletown, Connecticut.  A blue moon can truly be a moon that appears to be blueish in color, but the term "Blue Moon" is a term that refers to the second full moon within one month.  This month, August 2012 is such a month.  Two full moons in a month is not as rare as it might so...
08/31/2012
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