Butler County Missouri - Bond Money available in your county - USDA available 100% product - 09/28/08 09:54 PM
Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! (edit/delete)
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do a FHA, VA or RD … (0 comments)

Bollinger County Missouri - Missouri Bond Loans, MHDC and USDA loans availalbe in your county - 09/28/08 09:50 PM
Bollinger County 
 Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! (edit/delete)
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do a FHA, VA … (0 comments)

Barry County Missouri - Bond Money program allows for down payment assistance even if your clients have purchase a home before!!! - 09/28/08 09:48 PM
Barry County is included.
Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! (edit/delete)
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do a … (0 comments)

Andrew County is included in the Missouri Bond Money program changes - Bond money available even for people who have owned a home before until the end of 2009 - 09/28/08 09:45 PM
Andrew County is included

Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! (edit/delete)
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do … (0 comments)

Get Approved for your home loan before you shop for your home! Prequalified for a mortgage, obtain preapproval, getting pre-approved for a mortgage - 09/28/08 09:34 PM
Obtaining a pre-approval for a home loan is essential in this market especially if you happen to find a really great priced home that requires you to act fast to give you the best chance at making you the buyer of that home.  The amount of inventory we have on the market right now makes for great opportunities to be purchasing a home and lately we have seen an increase in the amount of buyers that are out there.
A true pre-approval will be issued upon review of the loan application that can be turned in to us 3 ways, online, … (0 comments)

The importance of a loan pre qualification letter, Preapproval letter and how that works for you- Loan Officer Darren Stewart - 09/27/08 10:52 PM
The pre-approval letter or pre-qualification letter is something that is usually asked for in our area when a offer is made on a home and financing is involved. Once application is received normally we can have this to our clients within 24 hours of application and in some cases the same day.
We do more than just review the file we actually put it through our automated underwriting process, on all loans including government loans to make sure that we are good and there are no surprises.
When it is written a copy is provided to you so that it can … (0 comments)

Increase sales for your builders by utilizing the USDA program on their existing inventory- USDA Rural Development loans - Darren Stewart, Loan Officer, Rural Development Loans- OakStar Bank - 09/27/08 03:25 PM
Over the past decade we have seen some great times in this industry, many of us have developed great relationships with friends and clients, the market can be a challenge and having knowledge of everything that is availalbe on the market now is essential for each and every one of us. Having said that utilizing the USDA Rural Development product can really assist a builder who may have a few houses on the market in a rural area of the United States.
If the homes your builder has listed with you are in rural areas, there is a chance that we … (0 comments)

USDA - Rural Development - Seminar for Realtors - USDA - New Construction - OakStar Bank - 09/20/08 11:07 PM
We are having another seminar for realtors where our topic will be the USDA rural development loan.  Our topics will include
USDA Rural Development - rules guidelines quick overview
New Construction guidelines and Thermal requirements- talking to builders you work with about the program
An Appraiser will be coming by to give you an update on the market and what they are seeing
A representative from the local USDA office will also be there to answer questions
Missouri Bond Money changes and how that effects you and the impact of the changes -
We had close to 40 realtors attend last … (1 comments)

Builder Inventory built up ? Utilizing the USDA program to clear inventory and qualifying the home for 100% financing. Rural Development Loans to market homes. - 09/14/08 03:53 PM
Are you currently working with a builder who has some new homes in inventory that he/she needs sold as soon as possible, if your located in a rural part of the United States, utilizing the USDA Rural Development loan and 100% financing may be away to get that inventory sold faster for your builder.
There are some requirements that USDA / RD will have in order to comply and make sure that the home is eligible to be financed on the USDA program but once these things are done you have opened up a market for the homes where clients can … (0 comments)

Rural Development Loans- USDA Guarantee Loans- Missouri Home Loans- Darren Stewart OakStar Bank - 09/14/08 03:44 PM
USDA / Rural Developement Loans are one of the only remaining 100% loan options that are left in todays current market with the exception of the VA loan program.  Both programs are awesome in reducing your clients monthly expense by having their guarantee's replace the need for mortgage insurance, immediately decreasing the clients monthly payment by an average of about $50 to $75 depending upon purchase price.   This may also help them buy a higher priced home or allow them to get a larger home that they previously would not have qualified for since the MI insurance premium is not needed … (1 comments)

Springfield Missouri Open Houses - Find a Home - Missouri Home Loans- Qualifying for a mortgage - the importance of a preapproval letter Darren Stewart OakStar Bank - 09/14/08 03:12 PM
Today is an awesome day in the Ozarks its also an awesome day to be looking for your home, their are many open houses this weekend and if you happen to be needing to obtain a preapproval letter we can provide one to you.
The pre-approval letter is important - its crucial that your agent and the sellers agent know exactly where you stand financially as far as your ability to buy a home. Obtaining a pre-approval letter can also assist you when it comes to contract negotiations and obtaining the home at the price that you would like to pay … (0 comments)

Market Update - USDA Loans, Bond Loans - Rates, appraisals - 09/08/08 10:04 PM
OakStar Bank will be having two very short seminars September 17, 2008 and September 24, 2008 for realtors in the area that would like to have a market update in lending, review of USDA new construction requirements, update on bond issues, along with questions for an appraiser, seating is limited but you can call my assistant Becky at 417 447 9555 to reserve your spot for any of the 2 short meetings.
We will be covering the same information and will go from about 9 till 10:30 with a continental breakfast served at 8:30.
Meeting will be held at 1020 E … (0 comments)

Mortgage Market - where has your loan officer gone? - 09/05/08 10:16 PM
The mortgage market has changed and many times we see people shuffle - this can be a harrowing thing if you happen to be in the middle of a home purchase or refinance.  
We provide stability with our Home Lending Team we have over 160 years combined lending experience and we have one location at 1020 E Battlefield in Springfield, Missouri- some consider that a weakness but if you have a computer at home or a cell phone we are just a phone call or online application away to provide you a mortgage whether your down the street or on the … (1 comments)

Stone County - Missouri Loans - Missouri Loan officer - MHDC Bond Money availability - 09/05/08 10:04 PM
Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! (edit/delete)
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do a FHA, VA or RD … (0 comments)

Webster County, Missouri Loans- MHDC Bond Money- regardless of whether your a first time home buyer - 09/05/08 10:02 PM
Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! (edit/delete)
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do a FHA, VA or RD … (0 comments)

Taney County, Missouri Loans - MHDC Bond Money - regardless if your a first time home buyer- - 09/05/08 10:00 PM
Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! (edit/delete)
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do a FHA, VA or RD … (0 comments)

Chrstian County - Missouri - Loan Information - Bond Money - without having to be a first time home buyer - 09/05/08 09:59 PM
Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! (edit/delete)
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do a FHA, VA or RD … (0 comments)

Missouri Bond Loan Example - Greene County, Christian County, Webster County, Taney County, Stone County - 09/05/08 09:57 PM
Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! (edit/delete)
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do a FHA, VA or RD … (0 comments)

Down Payment Assistance - Missouri Bond Loans- How the bond program works in Missouri ! - 09/05/08 09:55 PM
MHDC is able to have down payment assistance to persons buying a home with the MHDC Bond program regardless of whether or not you are a first time home buyer in some specifice counties in Missouri. This is fantastic news because these counties are now classified as a targeted area since we had some flooding in Missouri. 
How the program works - MHDC Cash Assistance Program Example
You have a client buying a $100,000 home - we can do a FHA, VA or RD loan that would allow them to minimize their down payment and combine with the MHDC cash assistance … (6 comments)

Missouri Bond Loans - Major announcement !!!!!!!!!!!!!!!!! CASH assistance available in Missouri!!!!!!!!!!!!!!!!! - 09/05/08 03:47 PM
 
 With the passing of the economic recovery act there has been a major announcement by Missouri Housing Development commission that allows for bond money financing and cash assistance to clients buying a home that allows for an expanded bond program in MO whether or not your a first time home buyer.
NO REQUIREMENT TO BE A FIRST-TIME HOMEBUYER!
HOUSEHOLD INCOME LIMITS HAVE BEEN INCREASED!
PURCHASE PRICE LIMITS HAVE BEEN INCREASED!
Affected counties include Andrew, Barry, Bollinger, Butler, Callaway,
Cape Girardeau, Carter, Cass, Clark, Christian, Gasconade, Gentry, Greene, Howard,
Holt, Iron, Jasper, Jefferson, Johnson, Laclede, Lewis, Lincoln, Linn, Livingston,
Madison, Maries, … (3 comments)

Rural Development Loans - Missouri - RD Loans, USDA - 100% Loan Programs - Missouri - RD Loans - - 09/04/08 10:03 PM
Rural Development Loans - are a great solution for your clients if they  happen to be financing a home in a rural or non metropolitan statistical area, it allows for 100% home loan financing which has a RD Funding fee and no monthly PMI insurance. The Rural Development Guarantee program has income limits based on the size of the family living in the household.
To find out more about utilizing this program to assist your sellers and buyers please feel free to contact us 417 447 7927.
 
Darren Stewart
OakStar Bank
 
… (1 comments)

USDA Rural Development Loans- RD Loans - 100% financing - Rural Development- USDA Loans Every state - 09/03/08 03:15 PM
The USDA Rural development loan is one of the best loan programs and only 100% loan programs that are available today.  This program allows the client to purchase a home with no down payment and it allows the seller to pay closing costs, which helps the minimize the cash outlay at closing.  This borrower pays a RD fee however there is NO monthly mortgage insurance on the loan which is a fantastic savings over the life of the loan and further minimizes the monthly payment.
We are licensed to do these Nationally no matter which state you are in, we just … (0 comments)

September is off with a bang - 4 applications and leads today - with more coming in tomorrow - business is picking up - Loan Officer- Mortgage Loan officer- FHA Loans Missouri VA Loans Missouri - 09/02/08 10:37 PM
September is starting out with a huge bang as 4 applications have come in over the holiday weekend and 2 contracts have been accepted, I really appreciate my business partners who worked over the weekend and going in to lock a couple of loans yesterday on labor day was awesome to put a kick start to September.  I also want to say that I made a new contact/business partner here on Active Rain we spoke in depth yesterday and that was awesome!
Active Rain is a great source for business and I appreciate everyone on the network, we are still locking … (0 comments)