Have you thought about purchasing a home recently but decided not to even bother

trying because you cannot afford to put down three percent?

Well, that's ok because you don't                                 

need to have three percent to put down... 

For now... This could change any time so act quickly!

Ever heard of FHA Plus? Essentially, what FHA Plus means for you is that you can purchase a home and finance between 101.5% - 103% depending on your credit score.

If your credit score is between 620 and 679, if your income qualifications meet a set criteria you qualify for 101.5% and if your credit score is 680 and you meet the remaining qualifications you qualify for 103% of the purchase price!

FHA Plus is a combination of the infamous FHA home loan and VHDA (Virginia Housing Development Authority) which is a second mortgage for up to 5% and as little as 3%.

Call me for additional details or to apply and I will be happy to help you get to the closing table and walk away with the to your new home!

You may have less than perfect credit or you may have limited funds to work with but that should not stop you from purchasing your home and saving money over rent while building up equity for yourself instead of your landlord. There are governement subsidized programs available for people wishing to purchase a home that just need a little help.

FHA and USDA Rural (depending on the location) are two great programs that can help you get into a home with little to nothing down and at extremely competitive rates. If you are a veteran or currently enlisted military service member you may be qualified to finance your entire transaction with nothing down if you are struggling with a downpayment.

I would love to help you by answering any questions that you may have about the loan process and getting to work for you. Please feel free to contact me with any questions that you may have and I look forward to working with you!

Best Regards,

Christopher Ohlsen

Mortgage Advisor

757-470-5900 Ext. 305 (Office)

518-335-8791 (Cell)

cohlsen@envoymtg.com

www.vabeachmortgage.com

Mrchristophero (AIM)

Hello Everyone,

If you or your spouse are in the military you have probably experienced someone trying to take advantage of you. I know this first hand because I am the spouse of a soldier; My wife is in the army. Some businesses offer military discounts but too many businesses treat you unfarily once they realize that you are in the military. Its as if they feel that people in the military must be made of money!

My wife and I both work and we do ok but we are far from rich and it really gets under my skin when people start trying to upsell, cross sell, and over sell us when they find out that we are a military family! If anything it should be the exact opposite; I am very proud of my wife's commitment and service to this country. I am also proud to call myself a free American and I am given that right from the proud men and women who serve our armed forces.

I do a lot of VA purchase loans and I strive to treat the men and women who make this country great with the respect that they derserve. I will not try to upsell you, cross sell you, or over sell you; I will underpromise and over deliver. I want you to walk away from the closing table feeling like you got a fair shake and that you were respected throughout the transaction.

Also, if you serve this great nation of ours in the armed forces I will discount $300 from my own personal fee as my thank you to you.

If you are in the military and you would like to purchase a home or if you have any questions at all about the loan process I will be happy to assist you. Until we speak, take care!

Best Wishes,

Christopher Ohlsen

Mortgage Advisor

757-470-5900 Ext. 305

518-335-8791 (Cell)

cohlsen@envoymtg.com

Mrchristopher (AIM)

Hello Everyone,

As many of you know I originated mortgage loans in NY for quite a while. However, This is my first post since taking a break in order to further my education. I just want to let you all know that I am currently living in Virginia and working for a mortgage bank in Virginia Beach; Envoy Mortgage.

I will be blogging and making many more posts in the following days to come; I just wanted to take this opportunity to break the ice and get my feet wetting in the blogging world once again.

Thank you all for reading-commenting.

OK, NOW THAT THE FEDERAL GOVERNMENT IS BACKING JUST ABOUT EVERY MORTGAGE LOAN PRODUCT KNOW TO MAN WHY IS IT THAT MY CLIENTS STILL NEED TO PAY FOR AN ADDITIONAL INSURANCE AGAINST DEFAULT?

The Federal Government is now guaranteeing the performance of Fannie & Freddie... If borrowers default, thats ok. The originating lender, servicing lender, or purchaser of that debt will not lose a thing because Uncle Sam's hand is firmly in place to help steady the imbalance.

So, why do our clients all have to pay an additional premium to a company that is essentially doing nothing. It like the loans are now doubly insured!!

Of course I imagine that the PMI companies will help the government recoup some of their loss... But ultimately it is our tax money insuring these loans.

Yesterdays bailout puts us one step closer to socialism...

This bailout was not really required because Fannie & Freddie both had the required capital reserves. They lost around 17 billion... but WaMu lost 19 billion. Losing money is not a prerequisite for taking control over a company; if it were the government would've seized many more companies by now.

in the short term this will be good for mortgage interest rates and ultimately the housing market. In the long term this is going to wreak havoc on our financial system and economy as a whole. The FED is going to start printing money to cover losses and to make cash infusions, the value of our dollar once again is going to plummet, and investors are going to turn to oil again as a hedge against inflation. The cost of gasonline will soar and we will be in the same type of mess that we are in now except that it will be deeper and take longer to recover from.

I got a pretty website that I thought would really produce a lot of business for me. I thought that the fact that there are 18 lead capture forms on each page that it would naturally collect a lot of leads. I was sold on the site by the things that the sales rep told me; most of which ended up not being true.

I purchased my site from Superior Internet Solutions around 4 months ago and so far it has collected around 7 leads total. Not terrible I guess but I was expecting more. I thought that I would be able to tweak the site... but I do not have access to the HTML as I was told i would. All that I can do is add information to the pre-existing architecture of the site but I cannot actually modify the architecture.

The site is real pretty and I have added a ton of information in an attempt to make it a Plattsburgh real estate authority. My goal is to drive traffic to the sites but so far I have not had much success with regard to that.

My ability to modify the site is restricted... So if any of you have some suggestions on how to drive traffic to a site like this please let me know. Thanks for reading!

Its been awhile since I have last blogged here on ActiveRain. I love this community and I miss coming here to share my thoughts and ideas about the business and to see what other people are doing to remain successful in these hard times. Of course with everything hitting this industry right now there is no shortage of topics to wirte about.

I have not been here in a little while because I have not had any spare time to sit down and post a blog... I have been working like crazy and I have had some personal issues that I have been dealing with while not at work.

Anyway, I just wanted to come here and say hello; let everyone know that I am still alive and sticking this business cycle out; an ice breaker. I will be back shortly to write some more blogs on the industry and my experiences.

Thank you all for the help that you have given me in the past and I look forward to many more great discussions here in the rain

Tru-Close Financial is an absolutely amazing company and I am proud to be a member of the team. I am a sales rep for Tru-Close and it is pretty interesting how that played out. I am excited because this is a company that I can endorse whole heartedly and in good conscience.

It all started when I began working with Tru-Close for my own title orders. I was absolutely astounded with the level of service that this company provides. They are the most responsive company that I have ever worked with in any industry period.

I was super impressed with the fact that someone always answers the phone and that I am almost never placed on hold. The couple of times that I was placed on hold it was never more than a minute (no kidding, one minute!). They have excellent pricing and they get title on refinance transactions back in 24 hours and 48 hours for purchase transactions.

I was so impressed with the level of service that this company provides that I began recommending them to other people in the business as well. I sent a couple of referrals over just because I am genuinely impressed with this company.

A couple of days after sending a referral over I got a call from Jason Sheppard who is a fellow Active Rainer and the owner of Tru-Close. He asked me if I would be interested in being put on the payroll as a sales rep for the company! This was an easy decision to make because I was already telling people how great they were and I was already going out of my way to send referral business to the company.

I asked him "where do I sign" and he got me all set up. Now I am still working in the mortgage industry as a mortgage originator and while I do not get paid on my own title orders in order to stay compliant with RESPA I send all of my own personal title work to Tru-Close! Even though I do not get paid on my own title orders I send my business to these guys simply because they are the best in the business!

I feel great about joining the team because I do not have to sell in order to make sales, I simply offer my gods honest opinion about the company to people and it sells itself.

Another great thing about this company if you are a loan originator is that they have a fantastic lead generation program that will definitely help you expand your pipeline and close more loans.

So, if you need a phenomenal title company to work with that not only gets what you need done fast and efficiently but can also increase your bottom line give me a call today and while you have me on the phone ask me about the lead generation program.

Christopher Ohlsen

Mortgage Advisor

1-518-907-4665

1-518-335-8791 (cell)