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Mortgage and Lending - Annie Mac Home Mortgage - NMLS ID 19375
RECENT BLOG POSTS
Riding the Rate See-Saw The last few weeks have seen some crazy movement in mortgage rates.  The economy shows signs of picking up steam with good earnings reports & sales figures coming in, as well as leading economic indicators pointing to more consumer spending & tame inflation.  the Fed has s...
12/15/2010
ENERGY EFFICIENT MORTGAGES- How do they work? An Energy Efficient Mortgage is a useful option for people buying or refinancing a home that is in need of upgrades such as new Central A/C, fuel efficient furnaces, insulation, new windows, etc. Some of the benefits include the ability to include the...
11/01/2010
This is some great advice & worthy of a re-blog!  Thanks Lenn! IS THAT ORIGINATION POINT ON YOUR HUD-1 DEDUCTIBLE?  READ THE IRS WEB SITE AND THE ANSWER IS PROBABLY YES, YES, YES. YOU'D BE SURPRISED HOW EASY THE IRS WEB PAGE IS TO READ.     Agents and loan officers sometimes advise buyers and se...
07/27/2010
From the Associated Press July 2, 2010 Tax credit extended for pending home sales NEW YORK -- Homebuyers worried about closing their house purchases by the tax credit cutoff can relax: The government has extended the deadline. Congress sent President Barack Obama a plan to give homebuyers an extr...
07/06/2010
There is an upcoming change to FHA loans.  FHA has decided to slightly increase the amount of the ‘up-front' mortgage insurance premium charged to buyers.  The old fee was 1.75% of the loan amount. Then new fee will be 2.25%, beginning with Case #'s assigned after Monday April 5th.  This fee is t...
03/10/2010
Local Lender offers help to Home Buyers, & Real Estate Professionals. Freedom Mortgage Corporation Wall Township, NJ Serving all of Ocean & Monmouth Counties Monmouth County Real Estate Agents & Home Buyers Take Notice! Freedom Mortgage Corporation, located at 1800 Route 34 North in Wall Twp, NJ ...
02/22/2010
Local Lender offers help to Home Buyers, & Real Estate Professionals. Freedom Mortgage Corporation Wall Township, NJ Monmouth County Real Estate Agents & Home Buyers Take Notice! Freedom Mortgage Corporation, located at 1800 Route 34 North in Wall Twp, NJ specializes in residential purchase loans...
02/22/2010
Freedom Mortgage Corporation Wall Township, NJ Monmouth County Real Estate Agents & Home Buyers Take Notice! Freedom Mortgage Corporation, located at 1800 Route 34 North in Wall Twp, NJ specializes in residential purchase loans, from pre-approval to closing.  Here are some things we offer: Free M...
02/22/2010
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   Seller ConcessionsAn often necessary & useful tool •What is a seller concession? A seller concession is an agreement between buyer & seller for the seller to pay some or all of the buyers closing costs, up to the percentage allowed by the lender. •Who benefits from a concession?   Both Buyer &...
12/02/2009
Paying ‘Points'- Good or Bad? •Discount points-  Used to reduce a borrowers interest rate. One point = 1% of the amount borrowed. Rule of thumb is 1 point reduces interest rate by approx .25% on a 30 year loan.  •*Can be deducted on income taxes- ( up front mortgage interest ) •Should a borrower ...
11/24/2009
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