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  • Ocala Florida Foreclosures and Ocala Florida Short Sales Financing Tip

    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.   Make sure you tell your mortgage broker that you are ...
    Posted to All About Mortgages (Weblog) by 294558 on March 23, 2008
  • 100% Financing Ocala Florida, No Private Mortgage Insurance, Great Rates!!

    A great loan product for people having a hard time comining up with a down paymentand 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 mortgage insuranceNo pre-pay ...
    Posted to All About Mortgages (Weblog) by 294558 on February 19, 2008
  • Buyers in for down payment shock for mortgages

    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 from a tsunami of anticipated losses in the housing market. PMI Group Inc., a Walnut ...
    Posted to All About Mortgages (Weblog) by 294558 on February 14, 2008
  • Tips For Avoiding Foreclosure

     Are you having trouble keeping up with your mortgage payments? Have youreceived 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 AgencyToll FREE (800) 569-4287If you are unable to make your mortgage payment:1. ...
    Posted to All About Mortgages (Weblog) by 294558 on February 8, 2008
  • Buyers Beware of Mortgage Brokers trying to get you to commit Fraud.

    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 loan program I asked them a few questions.   The plan to buy the home was ...
    Posted to All About Mortgages (Weblog) by 294558 on August 28, 2007
  • 30-Year Fixed-Rate Mortgages Since 1971

    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 ...
    Posted to All About Mortgages (Weblog) by 294558 on July 4, 2007
  • Florida Buyers Filling out a Mortgage Application

    Dawn Rupersburg First Choice Mortgage Loans Inc. of Ocala Florida will be happy to do a free mortgage pre-approval for buyers in the state of Florida.  You can fill out the (Secure) mortgage application by clicking here:  Loan Application   Click on the Loan Application button on top and pick Dawn ...
    Posted to All About Mortgages (Weblog) by 294558 on June 23, 2007
  • The Borrower Pre-approval process for getting a loan?

    A pre-approval is always subject to the borrower's actual ability to meet all conditions specified by an underwriter, including a satisfactory property appraisal and clear title search.   First Choice Mortgage Loans Inc of Ocala obtains a full credit report, loan application, plus income and asset documentation and gets actual ...
    Posted to All About Mortgages (Weblog) by 294558 on June 23, 2007