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

2013 

The Connecticut Housing Finace Authorty (CHFA) is a excellent Mortgage Program, especially for First Time Homebuyers who do not have enough money for a downpayment and/or closing cost.  We at McCue Mortgage have been the largest Lender, and Servicer of CHFA Mortgages for many years, and are reco...
03/12/2013
Spring Might Be Around The Corner.  We have gotten hit with over 48" of snow between our last two snow storms, which makes you think that Spring will never come.  But then a ray of hope appears, and mother nature begins to tease with visions of Spring, such was this weekend. On Friday we got abou...
03/11/2013
For the last few years Seller Paid Closing Costs have been a part of most of the Mortgage Loans that I do, and with the upcoming changes to FHA, I would expect that Seller Paid Closing Costs Will Continue To Be An Even More FAQ.  The upcoming changes to the FHA Mortgage Insurance Premium (MIP), a...
03/10/2013
Right now Buyers are out looking for house more so than I have seen in recent years.  This is a good sign for the Housing Market, but unfortunately many of those Buyers are not in a position to purchase, because their credit.  When I break this news to them, they always ask, How Can I Improve My ...
03/09/2013
I do not like to shovel snow and we only got 12" compared to the 36"+ that we got last month, but even I have to admit some snow storms are gorgeous.  The storm we had this past Friday night into mid day yesterday, was one of those snow storms that you think you are looking at an artist's canvas....
03/08/2013
My neighbors, the Graves Family are producing Maple Syrup again this year, and Pure Connecticut Maple Syrup is among the best Maple Syrup that I have had.  The first sign that they had started the production of Maple Syrup this, year was this weekend when I notice the buckets hanging from the map...
03/07/2013
The Russell Library In Middletown, CT Book Sale were very well attended in 2012, so the Russell Library is continuing their monthly book sales in 2013.  Usually the Russell Library does not provide much notice for the monthly book sales, so I decided to be proactive this year and announce the Ru...
03/06/2013
I read an article today that stated Homebuyers Maybe Starting To Feel The Market Slip Away From Them. I found that interesting especially after the blog I wrote yesterday "There Can Be A Cost By Waiting To Purchase".  It isn't often that something comes along this quickly to support a blog that I...
03/05/2013
The National Association of Mortgage Brokers (NAMB) Government Affairs Division has announced the 2013 NAMB Legislative & Regulatory Conference, which will be held in Washington, DC.  Even though this Conference is targeted towards the Lending Industry, I think that the topics would be of intere...
03/05/2013
Yesterday I wrote a blog titled "Do you think the Interest Rate Is Going To Go Down?"  That question is one that I get asked a lot from Borrowers at time of application, when they need to decide to "Lock" or "Float" the Interest Rate.  I also get asked the same question when I am Pre-Approving Bo...
03/04/2013
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