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virginia mortgage: Mortgage rates FHA, VA , JUMBO, Conforming fixed rates from 4.5%! - 09/18/09 11:41 AM
Friday, September 18, 2009
**SPECIAL** FHA JUMBO STREAMLINES from 4.5% with $3,000 closing cost credit
4.5% mortgage rates , low closing cost
Mortgage rates: Virginia, Maryland, DCUpdated 12:20 am 9/18/09All rates listed below are BASE rates on a 30 day lock. Factors such as credit score, loan to value, occupancy, cash out, loan purpose, property state and lock period can change these rates for better or for worse. Please contact me today for a custom rate quote.Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage … (0 comments)

virginia mortgage: ARM is not a dirty word - 05/18/09 11:29 AM

In case you have been in a cave for the past 2 years,  the adjustable rate mortgage (ARM) has been unjustly blamed for the housing crisis. Here is the public perception of the ARM:
Borrowers were sold these new exotic Adjustable rates without the terms being disclosed, then they adjusted and the borrower could not longer make the payment and lost their home.
Is this true? partially. BUT , The ARM was not a new program, the ARM is not exotic or unusual, in fact the ARM is a great option for the right borrower. If you have over 20% … (0 comments)

virginia mortgage: Why the No Cost mortgage is a HIGHER cost mortgage - 04/29/09 03:15 PM
No closing cost mortgages have long been an attractive option for homeowners. When done correctly, they can indeed be a very good deal. I receive regular inquiries about these loans and my advice in this market is always the same: If you are planning on owning your property longer than 3 years, than it is probably MORE beneficial for you to obtain a mortgage with reasonable cost, than a mortgage with no closing cost. In all likely hood, it would probably be beneficial to pay points and get the LOWEST rate possible. The only time I recommend no cost refinances is for a … (2 comments)

 
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Choice Finance®

Rockville, MD

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Choice Finance Corporation

Address: Rockville, MD

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