Seth Jacobs's (lakewood) Blog

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Mortgage and Lending - Reliant Mortgage Company
RECENT BLOG POSTS
The very popular $8,000 mortgage tax credit for first-time Maine home buyers (and $6,500 for repeat buyers) is due to expire June 30. And if you haven’t already signed a contract, you’ve missed the boat – all contracts must have been signed by April 30 and the loans have to close by the end of Ju...
06/22/2010
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Maine Government News Call 2-1-1 to Learn About Flood Recovery Options and Report Flood Damages April 1, 2010 Maine Emergency Management Agency AUGUSTA, MAINE -- Maine Emergency Management Agency (MEMA) is recommending that anyone who suffered home damage as a result of the flooding events over t...
04/01/2010
    The USDA Rural Development Loan is a congressional funded program. Due to the fact they are obviously showing interest in other issues at this time, we must contact them immediately explaining (and reminding them of) the obvious impacts.  We have an obligation as tax paying citizens to voice ...
04/01/2010
With the recent Sub Prime Mortgage meltdown, FHA is now the big player nationwide. FHA loans came into existence in the 1930’s during the Great Depression in order to allow lower income Americans to borrow money for the purchase of a home. The government program was intended to provide banks wit...
03/29/2010
Decoding Your Credit Report Gain a better understanding of the factors that determine your eligibility for a loan.The importance of financial responsibility is oftentimes overlooked in a materialistic nation comprised of excessive credit card offers, stretched lines of credit and the weakening d...
02/26/2009
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Home Auctions  Going Once… Going Twice…Home Auctions Quickly Get Foreclosed Homes Off the MarketAny seasoned salesperson can tell you that waiting for a buyer to make the first move is an ineffective marketing tactic, especially when pertaining to the real estate industry. Instead of sitting bac...
02/25/2009
Mortgage Terminology to Know Before Locking into a Loan Whether you are a new home buyer or looking to refinance a loan that you are already locked into, consumers agree that mortgage and loan terminology can often be confusing and sometimes overwhelming. Along with having to shop for a lender, c...
02/23/2009
Home prices have dropped and mortgage rates are the lowest in decades, but is it the best time for you to purchase a home?Lower home prices, due in part to the declining median price of homes, are motivating many potential home buyers to take action.  If you're one of the many potential homebuye...
02/12/2009
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      VA Loans   Why a VA Loan? The more you know about our home loan program, the more you will realize how little "red tape" there really is in getting a VA loan. These loans are often made without any down payment at all, and frequently offer lower interest rates than ordinarily available wit...
02/04/2009
  Money MakeoverResolve to Get Your Credit Back on Track As 2009 rolls forward and the monthly billing statements flood our mailboxes, we clearly begin to see the financial repercussions of the holiday season. With the total amount of consumer debt in the United States at nearly $2.6 trillion do...
01/26/2009
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Seth Jacobs

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