Loan Information
Renovation Loan helps when buying a home in need of repair.
This FHA loan is a good answer when buying a home that needs repairs.
The following article was written by Steve Haney from Keeping Current Matters.
The FHA 203(k) Renovation loan, available as a purchase or refinance, established in 1978 by the US Congress to revitalize our nation’s housing stock was ahead of its time by about [...]
Loan Modification
Top Five Myths About Loan Modification
•MYTH #1: My bank wants me out of my house. My bank wants my home.
•Banks and other lending institutions do not want to foreclose. They earn more money if you can make your payments. When they foreclose, they not only lose your monthly payments, but they also have the expense [...]
Weekly Business Meeting 7-24-08
The meeting kicked off with asking the agents what affirmations they made today. Many responded with I will sell this house, I will close…etc. Great affirmations however, what was wrong with them? The group knew what Sheila was looking for. Sheila always stresses it’s important when making affirmations to say things as if they are [...]
MORTGAGE APPLICATIONS UP IN VOLUME
According to the mortgage Bankers Association’s weekly application survey, the volume of mortgage applications rose 10.9 percent during the week ending June 6. Refinance application increased 8.4. Purchase application increased 12.8 percent. 39.8 percent of the total applications were from applications for refinancing. Even though interest rates have increased, there was still an increase in [...]
