If your looking for a Foreclosures or Short Sale and are going to finance the purchase please make sure your mortgage broker has the right loan product for you. There are several loan products that do not allow the financing of foreclosures or short sales.
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A great loan product for people having a hard time comining up with a down payment and No Private Mortgage Insurance monthly fee. 100% Loan Great Rates No down payment required Lower credit scores accepted Primary Residence only no mobile homes No private
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WALNUT CREEK, Calif. – Feb. 14, 2008 – The second-largest U.S. mortgage insurer announced Monday it would no longer insure homebuyers with less than 10 percent down in California and other “distressed markets” to protect the company
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Are you having trouble keeping up with your mortgage payments? Have you received a notice from your lender asking you to contact them? Don't ignore the letters from your lender, contact your lender immediately! Contact a HUD-approved Housing Counseling
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I showed a buyer a house of mine a few days ago. They were working with a mortgage broker out of Miami and he told the buyers they were all approved for a loan. Knowing what type of loan program they wanted and knowing what the guidelines are for that
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Monthly Average Commitment Rate And Points On 30-Year Fixed-Rate Mortgages Since 1971 © 2007 Freddie Mac 2007 2006 2005 2004 2003 Rate Pts Rate Pts Rate Pts Rate Pts Rate Pts January 6.22 0.4 6.15 0.5 5.71 0.7 5.71 0.7 5.92 0.6 February 6.29 0.4
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The best interest rates are given to people with good credit scores, credit history, and who provide full documentation of their income and assets. If you have a great credit score, but choose a No Doc loan your interest rate will be higher than a person
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