Indiana USDA Home Loan Professional

Effective February 01, 2010 FHA will no longer offer spot approval on Condominiums.  All current condominium that are presently approved will not be approved effective February 01, 2010, except those approved after October 01, 2008.  Present condo's will need to be approved under the new options...

Consumers have long benefited from the use of the Yield Spread Premium to offset some or all of their closing costs.  The Proposed rule revising Regulation Z, specifically Docket Number R-1366 would eliminate the ability to pay for closing costs using Yield Spread Premium.  This would increase t...

Through the benefit of tax deductibility of mortgage interest and property taxes the amount you pay to own a home ends up being a lot less. Savings can be approximately $200 on a $180,000 loan.  You can also start the savings earlier than the end of the year. (continue)

There are Six items that you must know on your journey to homeownership. To help in realizing the dream of owning your own home you should schedule a "Pre-Approval" Consultation with Jeremiah Wean at Lakewood Lending Group, LLC. I will answer all your questions and concerns about: 1. Credit.... ...

The U.S. Department of Agriculture (USDA) offers a guaranteed home loan program that helps people who want to buy homes in rural communities find lenders. The USDA will work with all qualified borrowers looking for homes in rural communities – not just first time homebuyers. The program requires...

          It's Time to Get OFF the Fence!                                Picture by: Dan Barak      Two very big considerations that would lead me to say it is time to buy right now.  First Time Home Buyer Credit - Lesser of $8,000 or 10% of purchase price - this amount reduces after a Modified ...

Below are the easily repeatable steps on how to create a hyperlink for your blog that will allow someone else to share your blog on Twitter with your personal description. You need to ensure that your entire message is within 140 characters.  The easiest way to do this is by typing it in on Twitt...

Learn why now is the perfect time to buy!     Don't miss out on this excellent opportunity to get your questions answered.  Hurry the $8,000 tax credit ends December 01, 2009; and the Federal Reserve is scheduled to stop buying Mortgage Backed Securities December 31, 2009 (which could lead to rat...

  The National Association of Mortgage Brokers recently sent out a call to action in attempt to get the industries voice heard.    I want to make the mortgage brokers that are not in the association know, as well as appraisers, Real Estate Brokers, Consumers, and Title Agents know what they can ...

Effective July 01, 2009 - HEA 1374 - requires that money for a purchase or refinance be "Good Funds." Among the requirements:Closing Agents must deposit all funds received in connection with a real estate transaction into an escrow account unless all the parties involved agree to another arrangem...