Mortgage Market News Week In Review June 28, 2010 Dana Bain Premiere Mortgage - 06/30/10 06:07 PM
http://www.bainmortgage.com/MortgageMarketWeekInReview

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What is a Super Conforming Loan & What are the Loan Limits Per County: - 06/30/10 05:40 PM
 
Super Conforming Loan Limits:
  
Premiere Mortgage Services Inc. www.BainMortgage.com  Dana Bain & Robin Bain  cover all of MA & NH  800-480-0545  978-422-2311
  
A super conforming mortgage loan is a term coined by Fannie Mae and Freddie Mac for mortgages in certain parts of the country that are more expensive areas to live. Fannie and Freddie have a mortgage limit of $417,000 in most parts of the country, and anything above that figure they will not buy because it is considered a jumbo loan. Because of the appreciation in home values, certain areas can now apply for loans up … (0 comments)

The Aftermath of The Home Valuation Code of Conduct. - 06/22/10 08:41 PM
 
1) NAMB conservatively estimates (breakdown below) that the HVCC is costing consumers over 2.8 BILLION dollars a year in extra fees, created by long delays (extended lock-in fees) and higher appraisal costs.
2) Unregulated Appraisal Management Companies (AMCs), who have been the subject of several misconduct investigations, are the centerpiece of the HVCC. The original Cuomo investigation involved a federally chartered bank and an AMC.
3) AMCs are driving honest appraisers and mortgage brokers from business, eliminating competition, increasing costs to consumers and reducing state revenue. The HVCC is causing significant delays in real estate transactions, hurting real estate agents, … (0 comments)

Mortgage Market Wk In Review June 21, 2010 Dana Bain Premiere Mortgage - 06/21/10 05:44 PM
 http://www.bainmortgage.com/MortgageMarketWeekInReview

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Congress Frank wants to get rid of the most important mortgage product in America. - 06/18/10 01:53 PM
Please take note to this urgent message that could potentially be devastating to the housing market and the small business of thousand of mortgage professionals.   Fred Glicks article is right on track see links below
 
Congressman Barney Frank Wants to Eliminate Zero Point Mortgages 
Zero Point mortgages will be eliminated! Cost of Home Ownership will increase. Consumers will need more up front funds, resulting in substantially fewer buyers.
Low and Moderate income buyers, especially those in minority communities, will be excluded from Home Ownership!
Tens of thousands of small business mortgage companies will go out of business, as they won't … (2 comments)

Mortgage Market News Week In Review June 14th, 2010 Dana Bain Premiere Mortgage - 06/14/10 02:41 PM
 http://www.bainmortgage.com/MortgageMarketWeekInReview

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Mortgage Calculators. Try these great mortgage calculators. Dana Bain Premiere Mortgage Services Inc. 978-422-2311 - 06/14/10 02:20 PM
 
http://www.bainmortgage.com/MortgageCalculators
 

 
 
 http://www.bainmortgage.com/MortgageCalculators
 
 
 
 
 
 
Dana K. Bain
President
 
MLO 18693
 
www.PremiereMortgageServicesInc.com
www.BainMortgage.com
 
 
11 Malvern Hill Road
Sterling, MA 01564
Phone:  (978) 422-2311
Toll Free:  (800) 480-0545
Fax: (978) 422-2313
 
MA Lic. No. MB1205
Licensed by the State of NH Banking Dept. Lic. No. 5430-MBR
 
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Here are the top 10 do's and don'ts when looking to secure a mortgage. - 06/09/10 06:27 PM
 Here are the top 10 do's and don'ts when looking to secure a mortgage.
Keep in mind the actual lender will pull their own credit report at closing, and if your credit scores have dropped, you may no longer qualify for the rate that was underwritten and the final approval may come back with a higher rate. Unfortunately, all lenders qualify you by your credit score as to which criteria you fit and every loan has different criteria attached. The loan to value, the debt to ratio and so on etc. This is what borrowers do not understand, and they think … (4 comments)

Mortgage Rates MA & NH -- Premiere Mortgage Dana Bain June 9, 2010 - 06/09/10 11:23 AM
http://www.bainmortgage.com/RateSheet
Also check out these great mortgage calculators.
http://www.bainmortgage.com/MortgageCalculators

 
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Mortgage Calculators. Try these great mortgage calculators. Dana Bain Premiere Mortgage Services Inc. 978-422-2311 - 06/06/10 05:05 PM
 

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Mortgage News June 7th, 2010-- Dana Bain Premiere Mortgage 978-422-2311 - 06/04/10 04:01 PM
http://www.bainmortgage.com/MortgageMarketWeekInReview

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Mortgage News May 31st, 2010 Dana Bain Premiere Mortgage - 06/02/10 02:36 PM
http://www.bainmortgage.com/MortgageMarketWeekInReview

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