Lawrence's Blog

What is a reverse mortgage?You must be 62 yeas of age or older, this includes your spouse.  In addition there should be at least 40 to 50% equity built up in your home, a reverse mortgage will allow you to borrow against the equity in your home. Rather than continuing to make monthly mortgage pay...

Like the memorable scene from the film Jaws - borrowers, investors and homebuyers fled the mortgage oceans in 2007, some earlier. Judging by the past week it seems the water looks safe again. We certainly hope it is. One thing the new year calendar year should bring is better loans in the mortgag...

We get a lot of questions about these - you may want to bookmark this post 2008 Loan Limits2008 Conforming Loan Limits News Release 2008 Single-Family Mortgage Loan LimitsSingle-Family Mortgage Loan Limits effective January 1, 2008: First mortgagesOne-family loans: $417,000Two-family loans: $533,...

A 12 Step Guide To Show You What Exactly Goes Into Closing A Home Loan  1.  Speak with a loan officer to get pre-qualified. Know your options and feel comfortable with them.2.   Get pre-approved for the loan3.  If you like my rates and options, make an appointment to come sign your loan applicati...

1. HER DIARY: Tonight I thought he was really acting weird.  We had made plans to meet at a bar to have a drink.  I was shopping with some of my girlfriends all day long, so I thought he was upset at the fact that I was a bit late, but he made no comment. The conversation between us wasn't flowin...

10 Foods You NeedAdd these health-boosting items to your grocery list By Kathleen Zelman, MPH, RD/LDWebMD Weight Loss Clinic - Expert Column Every day, researchers report the cutting-edge findings of their latest nutrition study. The media dutifully report on the news -- and consumers just shake ...

An original bill to modernize and update the National Housing Act and enable the Federal Housing Administration to more effectively reach underserved borrowers, and for other purposes.Other Bill TitlesOfficial: An original bill to modernize and update the National Housing Act and enable the Feder...

MEMO FROM GOD:To:                       YOUDate:                   TODAYFrom:                  THE BOSSSubject:               YOURSELFReference:           LIFEI am God.  Today I will be handling all of your problems.  Please remember that I do not need your help.  If life happens to deliver a sit...

ATTORNEY'S ADVICE -- NO CHARGERead this and make a copy for your files in case you need to refer to it someday.  Maybe we should all take some of this advice.A corporate attorney sent the following out to the employees in his company.1.  The next time you order cheques have only your initials (in...