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Mortgage and Lending - Strategic Mortgage - NMLS#160440-
RECENT BLOG POSTS
Even as interest rates have stared to move up, historically speaking , home loan interest rates are still very low. Traditional 30 year fixed loans are still in the 4’s for an interest rate and 15 and 10 year fixed loans now in the 3’s. This has meant increased afforability for new homeowners and...
08/20/2013
For many homeowners who took a variable rate interest loan in the past decade, the gamble has paid off.  However, those days are soon to be over as interest rates have started a steady climb higher.   On most variable rate loans, the interest rate will be fixed for a certain number of years, most...
08/20/2013
Home prices in Arizona have seen a steady and somewhat rapid rise over the past 24 months. Arizona itself was a state which during the housing boom and bust of the mid 2000’s was one of the worse and first hit states for home values. However, as is often the case, the areas that are hurt first ar...
08/20/2013
Historically, when thinking of lower down payments for the purchase or refinance of a single home loan, many would think of the FHA home loan. And with only a 3.5% down payment needed for an FHA loan, it still remains a low down payment option for the purchase of a home and a higher loan to value...
07/24/2013
Qualified active duty military and veterans from the armed forces and national guard have always had access to one of the best loan programs available when purchasing or refinancing a home, the Veterans Administration Home Loan, more commonly referred to as a VA loan.        These loans have ofte...
07/24/2013
In today's mortgage marketplace, many home loan products that seem to go away for some time are making a strong come back, but in ways that makes sense. Home loans for second homes or in other words, vacations homes and home loans for investment properties are available and viable in today's mort...
05/31/2013
Now, more than ever, having a strong credit score is imperative for mortgage financing whether you are you looking to purchase or refinance a home.    With a conventional home loan, the higher your credit score is, the lower the interest rate you will receive.  Even with programs such as FHA and ...
05/31/2013
What To Do If You Have An ARM Mortgage   Right now there are mortgage borrowers with adjustable rate mortgages (ARMs) on which the rate has adjusted within recent years are currently enjoying extremely low interest rates.   This is a reflection of the unusually low levels of the rate indexes used...
05/17/2013
As we have discussed over the past few years, the HARP refinance program is a rare Government sponsored program, in that it actually has helped many homeowners in refinancing their homes. For those who are upside down in their homes, it has allowed them to refinance into a new conventional loan w...
04/15/2013
The HARP refinance program a is a great option for homeowners who are upside down to refinance and take advantage of today's historically low interest rates. However, for homeowners who are not upside down on their homes, the HARP program also can offer benefits as well, that a conventional home ...
03/26/2013
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Bill Kamboukos

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