RECENT BLOG POSTS
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President Obama unveiled his plan to help stabilize the housing market and keep millions of borrowers in their homes.The Homeowner Affordability and Stability Plan includes two initiatives to help struggling homeowners. One is a refinancing program for homeowners with less than 20% equity in thei...
02/25/2009
STAY AWAY FROM FAST CREDIT REPAIR AND LOOK INTO REFINANCING INTO AN FHA LOAN! If you’re looking to repair your credit due to consumer lates your best option may be through an FHA loan. Getting an FHA loan will allow you to pay off the bad debt and allow you to build credit back up by paying o...
12/19/2008
Nothing! Plain and simple - well not so simple, but.... The pure and simple fact is, rates are not our issue. The issue is the banks, lenders and investors - and their guidelines. As long as the guidelines stay as tight as they are currently low rates don't matter! They're great to hear about and...
12/16/2008
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From Wikipedia, the free encyclopedia The terms annual percentage rate (APR), nominal APR, and effective APR[1] describe the interest rate for a whole year (annualized), rather than just a monthly fee/rate, as applied on a loan, mortgage, credit card, etc. Those terms have formal, legal definiti...
12/09/2008
As of October 2008 you are eligible to refinance your sub prime mortgage into a VA guarantee loan up to $729,000 and 100% LTV. For more information pleae feel free to contact me.
12/08/2008
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Hello I thought I'd post a link for you (the consumer) on tips of how to avoid foreclosure - its from HUD. I hope you find it informative! http://www.hud.gov/foreclosure/index.cfm
12/08/2008
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Something that has been bugging me lately is appraisals. It would seem to me that in times like the one we're in now we would underwrite and determine "value" a different way. We've always use comps to determine "values" but when neighbor B and neighbor D looses their home to a short sale or fore...
12/06/2008
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If you're like me you've found the internet to be a great place to network! But what if you found that one of your strongest networking tools is NOW infected?? Facebook users beware - VIRUS ATTACKS! Facebook Worm Comes From Infected Friends The Koobface worm has surfaced in a new form and is agai...
12/05/2008
Did you know that you can purchase a home that has been damaged and recieve up to $35,000 addtional for repairs!??Through FHA - a program called 203K Rehab Loan will allow you to purchase a home that is in foreclosure and has been damaged, whether it's minor or serious. It will allow you to borr...
12/05/2008
