Henry D's (arrakis) Blog

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Mortgage and Lending - NMLS #209419

ARCHIVED BLOG POSTS

2008 

When it comes to 100% financing many people think that carrying a second mortgage (if you can get it to 100%) or to get down payment assistance to eliminate that pesky down payment.  However there is a very simple and I might add elegant solution.   That is the VA Loan.  One thing the VA Loan lac...
06/17/2008
There is a saying "Good Credit is like Money in the bank" and today that is the operative phrase today. With the Fed poised to raise rates, lenders tightening their requirements and risk pricing adjustments being added at every turn it is becoming every borrower's responsibility to not only know ...
06/16/2008
Getting that conventional Loan that you want for your new home just got Tougher in today's Market.  Today FNMA (Fannie Mae) rolled out version 7 of the their Automated Underwriting System (AUS).  Although not a surprise the biggest change is that if you've had a foreclosure in the past five.... Y...
06/02/2008
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Henry D

Nationwide Construction, Rehab,Conv & VA/FHA/USDA
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