Mortgage Matt Blog

Rural Housing Preservation and Stabilization Act of 2010 (Introduced in House) HR 5017 IH 111th CONGRESS 2d Session H. R. 5017 To ensure the availability of loan guarantees for rural homeowners. IN THE HOUSE OF REPRESENTATIVES April 14, 2010 Mr. KANJORSKI (for himself, Mr. HODES, Mr. WILSON of Oh...

Simple! Help us get the program refunded and continue funding independent from appropriations for the life of the program. How, you ask? Again, Simple but it will take a few moments of your time and a couple of long distance minutes on next month's phone bill. The bill in question is HR 5017, or ...

Many of you may have read that the USDA will exhaust funds allocated for the Guaranteed Rural Housing Loan Program some time on Thursday May 12th. In response, Icon Mortgage Lending is pleased to announce that we will continue to close all RD loans just as if it were "business as usual".This anno...

Just a quick update for everybody, that our satellite web sites are now up and running. www.lapeerruralloans.com www.livingstonruralloans.com www.brightonruralloans.com www.howellruralloans.colm All of these websites are finished and are already gaining a lot of recognition from local buyers. I p...

A great blob by my buddy Jeff Davis.I feel that as a Realtor I have a duty to keep everyone informed about the world of real estate.  I find that the more I teach my clients the better they are at making decisions on what to do and what not to do.  I talked with a friend of mine and he was saying...

Check out some Quality Short Sale info from my buddy Jeff Davis.Short Sale Basics I have put together just some Short Sale basics because I have found that there are many people out there that are very unclear and are unsure about what a Short Sale really is and how they work. If you would like m...

 Occasionally, frustrations build as a file in processing begins to struggle a bit and the question may occur to you, "Why are these things arising now, when they seem like they should have been settled so long ago?" And as a good professional it will probably lead you to the next question, "What...

First Time Home Buyer Tax Credit as Down Payment or: Dirty Deeds Done Dirt Cheap  I think this is an important discussion to have so I am going to post this blog a few days in a row to make sure it gets out. There is a lot of confusion concerning the First Time Home Buyer Tax Credit especially no...

First Time Home Buyer: Conforming at a glance   The following was a general overview of the Conforming loan programs such as those offered by Fannie Mae or Freddie Mac and a guide to figure out if this is the loan program for you.   Availability: Available in all areas.   Type of Homes they finan...

First Time Home Buyer: Rural Development at a glance   The following was a general overview of the Rural Development loan program and a guide to figure out if this is the loan program for you.   Availability: Available outside of high-density urban areas. For a more detailed area of qualificatio...