Housing Bill - Help for First Time Home Buyers! - 07/25/08 01:04 PM
Two sections of the new housing bill will help First Time Home Buyers.  First, a $7500  Federal Tax Credit.  This is advertised as if $7500 is added to taxes paid for 2008 and will increase your refund.  While that is how it will work, it is actually an interest free loan that must be paid back over 10 years.  This is still quite a stimulus for a first time home buyer.(see how to use it now below).  The second way the Bill will help is that if the buyer closes late in the year and does not have  mortgage interest to itemize (tax savings from home … (20 comments)

Is Bank of American really pushing Predatory Loans? - 07/22/08 01:38 PM
Realtor Beware!
A Realtor recently attended a  Bank of America presentation.  The message that she received from BofA was suggesting that  - "If she wanted to loose a deal she should use a mortgage broker that had to comply with SB1167.  However, if she wanted to keep her deal she should send her client to Bank of America for their mortgage because they are EXEMPT from this law.  Since this Realtor realized that this advice was coming from the company that got in bed with Countrywide, she asked what this all means to her and her clients.
My response was that this law was put in place to protect … (4 comments)

gas price savings - 07/21/08 02:20 PM
How would you like to save $.08/gallon?
Consider this - All you need to do is pay $50 for a gas card to receive $51 worth of gas.  If your reaction was "so what", you should do the math.  $51 buys you 12.23 gallons @ $4.17/gal. (today's price).  Since you only pay $50 for the 12.23 gallons,  you are only paying $4.09/gallon. 
If you want to take advantage of this visit your neighborhood Marathon gas station. 
Have a great day from the featured Barrington Mortgage Broker.
 
PS, Buy the card before you pump and confirm that you can use the card immediately.  At the pump … (0 comments)

 
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Angelo Cusinato |CRMS, CMC|Mortgage Specialist

Barrington, IL

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Resource Plus Mortgage Corp.|Angelo Cusinato

Address: WILLIAMSBURG VILLAGE, 1600 COLONIAL PARKWAY, INVERNESS, IL, 60067

Office Phone: (847) 359-5300 x 223

Cell Phone: (847) 209-9458

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Why overpay for a home by overpaying for a mortgage? We put education at the top of the list for homebuyers & prepare them to get the right mortgage the first time and every time. Check our website at www.resourceplusmortgage.com for helpful information


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