A new mortgage entering the market: it will impact lending in a BIG way! - 02/21/11 06:42 PM
This new mortgage will affect every American looking to mortgage a home. And the impact will be felt by all of us.
Regulators are deciding the future of down payments. For those who have minimal down payments, FHA will become the norm. 

The new mortgage: QRM: Qualified Residential Mortgage has yet to be defined in detail, but, basically, it will be the new mortgage which will require a defined minimum down payment.  Some proponents are advocating as high as 30%.  If a borrower does not have this minimal down, there will be limited non-QRMs available at higher rates. 
Thus, there … (8 comments)

Open house agent at the WRONG house! OH NO! - 02/19/11 07:16 PM
Yes!  It is possible! An agent was filling in for an open house for a fellow agent who was out of town.  She went into the WRONG house on the street.  She entered the wrong home through the side door and made herself comfortable.  She laid out her open house flyers and her cards and went around the house to make sure everything looked good.  Thankfully, no one was home!  Imagine her surprise and that of the occupant whom she may have surprised if there was someone home!!!

When did she realize her mistake? She had an appointment with a … (11 comments)

 
Ann Sabbagh, President, Sr. Loan Officer (Seacoast Mortgage Corporation, RI, MA & CT) Rainmaker_large

Ann Sabbagh, President, Sr. Loan Officer

Pawtucket, RI

More about me…

Seacoast Mortgage Corporation, RI, MA & CT

Address: 267 NEWPORT AVENUE, PAWTUCKET, RI, 02861

Office Phone: (401) 475-1600 x 306

Cell Phone: (508) 243-1190

Email Me

Seacoast Mortgage: Your place for:RI loans, MA loans, CT loans, FL loans, commercial loans, residential loans, FHA, VA, USDA, 100% financing, FSBO (for sale by owner) assistance. Find a loan in RI, find a loan in MA, find a loan in CT,RI mortgages,CT mortgages,FL mortgages,MA mortgages. Do you qualify for a loan? At Seacoast Mortgage, we qualify you within your means. What you can afford is different than what you qualify for. Call us today!


Listings

Links

Archives

RSS 2.0 Feed for this blog