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Mortgage and Lending - HomeBridge Financial Services (NJ) - NMLS 248937
Mortgages are available in all shapes and sizes, no money and low down payment plans are still available, and dont forget to get qualified prior to shopping to be sure you are looking in the right price range.
RECENT BLOG POSTS
 I discussed Covid 19 appraisal issues in my previous blogs about Conventional and VA appraisals  here: https://activerain.com/droplet/5mMF and here: https://activerain.com/droplet/5mMD  for FHA as well: https://activerain.com/droplet/5mPx The USDA just came out with Guidance on Appraisals and Em...
04/03/2020
  I discussed Covid 19 appraisal issues in my previous blogs about Conventional andd VA appraisals  here: https://activerain.com/droplet/5mMF and here: https://activerain.com/droplet/5mMD We now have guidance for FHA as well: FHA  Mortgagee letter 2020-05 provides guidance regarding:  Appraisal R...
04/01/2020
 Have you ever heard the phrase: "If it sounds too good to be true it probably is."  Or: "There is no such thing as a free lunch" ?All the talk of Mortgage relief or 90 day mortgage forgiveness  today can be put under the above umbrella. It is not a handout.  It is not a freebie. It is not a gran...
03/31/2020
 The VA just issued appraisal guidelines in response to the Covid-19 Epidemic.For the most part the guidelines are similar to the changes we have seen on the conventional side. To the best of my knowledge, this is the first time the VA has allowed appraisals without an interior inspection.For Vac...
03/31/2020
 I don't know what your thoughts are but here are a few things I never want to hear again once this is all over:Social Distancing, PPE are at the top of the list, but there are so many others. Enough of that, lets move on to the focus of this post. Even with NJ being shut down for all but "essent...
03/30/2020
With all the talk of last weekend's Fed move- here is the history - you can see we spent close to 8 years at today's Fed's Funds level, so it isn't anything new. What we have today that did not exist in 2008 is a lack of an appetite in the markets for ANY investment. The only thing experiencing a...
03/20/2020
Looking to buy or refinance? It is time to hop on a mortgage!Unprecedented, that is the only word that sums up what we have been experiencing in the markets the past week or so.  Interest rates are in territory that we have NEVER experienced. For the first time EVER FNMA 2.0s traded last week. Ef...
03/10/2020
 I have lost count of the number of times I have been asked if a retired person could get a 30-year loan.You are NEVER too old to get a mortgage. For a residential mortgage the only reason your age is on a mortgage application is to prove you are at least 18 and can legally sign the application. ...
02/25/2020
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   For anyone in the mortgage world this one will make you laugh.  No matter how many times we ask for all pages of a bank statement there are so many that don't understand the meaning of the word "all".  Even if they are blank pages, advertising, balance pages- we need them.  If the statement sa...
02/12/2020
 Call me for all your residential lending needs! Robert Rauf Mortgage Loan Originator NMLS# 248937http://www.homebridge.com/RobertRauf or my blog: http://activerain.com/blogs/rrauf Office: (732)908-4868  Cell (732)740-0175 RRauf@HomeBridge.com www.RobertRauf.com  Since 1987 I have been helping my...
01/31/2020
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