November 6th, 2013 by admin
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According to the Federal Reserve more lenders loosened their standards last quarter than in any quarter over the last 5 years. That’s good news for home buyers. Last month we reported Fannie Mae and Freddie Mac will be ending their 3% down payment programs. This one of our most popular loans so it’s unfortunate that…
October 30th, 2013 by admin
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Qualifying for a Mortgage is Easier Than You Think In today’s recovering housing market there are some powerful myths about the state of mortgage lending. The biggest of which is “it’s so hard to get a mortgage these days.” That thinking couldn’t be further from the truth. The fact is getting a mortgage is…
October 25th, 2013 by admin
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Tips for a Smooth Loan Closing – Here are some important Do’s and Don’ts you’ll want to follow during the loan process because you’re not in the clear once you get the initial Pre-Approval Letter or even an Underwriter Approval on your loan. You must maintain your qualified status until the closing. I can’t stress…