new american mortgage: We Need Active Rain Votes! - 03/14/10 12:35 PM
Voting Starts now until March 31, 2010 and New American Mortgage AND Keller Williams needs your vote for a local contest here locally "best of" hampton roads. You don't have to be from our area to vote.
We need everyone to text in your votes for New American Mortgage for each city AND online voting!
Can forward on to all of your clients, partners and online social media sites!
New American Mortgage Text codes
Text CZW to 21333 for Chesapeake
Text CZX to 21333 for Norfolk
Text CZY to 21333 for Portsmouth
Text CZZ to 21333 for Suffolk
Text DAA … (2 comments)
|
new american mortgage: Sold Home In 1 week On Facebook! - 08/28/09 02:51 PM
Ok realtors don't hate me - I am just trying to show the power of social media and social networking.
One of the managers here at New American Mortgage who put his house up for sale last Tuesday For Sale By Owner for $299,500. He received a full price offer in 1 week by placing it on facebook.
They sold the home to a friend of a friend who had seen the photos on Facebook and bought it! They are scheduled to close in 1 week!
So this is to all the skeptical out there....facebook and social networking WORKS!
… (13 comments)
|
new american mortgage: HRRA Hoorah - 08/25/09 08:18 PM
Have you purchased your ticket for the HRRA Hoorah yet?
(HRRA is the Hampton Roads Realtors Association)
September 24, 2009
4-8 pm
638 Independence Pkwy
Chesapeake, VA 23320
Tickets are only $25
This is going to be a fun afternoon of networking, food, music and chili cook off!
New American Mortgage is going to sponsor the drinks at the event. Make sure you stop by and say hi if you are planning on attending!
… (1 comments)
|
new american mortgage: Thank You for Coming Home Today! - 07/21/09 08:32 PM
Whew it has been a whirlwind the past few months and I can't complain. I started with New American Mortgage in the beginning of March and had more successes in the past few months I think than in my whole career as a mortgage consultant in the past 6 years. I am so greatful for the quick success but sad for the amount of time it has taken me from my young and growing family.
As most of you know I have a 4 yr old and a 1 yr old little boys. I have spent many evenings lately working and … (16 comments)
|
new american mortgage: Understanding Your Monthly Payment - 07/15/09 10:43 AM
UNDERSTANDING YOUR MONTHLY PAYMENT
So are you ready to be a homeowner?
One thing to consider in preparing for this huge step is the added expense. I am not trying to scare you but there is more than your mortgage payment to be prepared for.
As a renter you pay your rent $1000 a month and probably utilities.
As a homeowner you pay PITI. ( Principle, Interest, Taxes and Insurance)
Principle -the amount you owe to the lender - loan amount paid out over a period of time ( usually 30 yrs)
Interest -the cost of … (7 comments)
|
new american mortgage: 3 Ways To Increase The Power Of Your Business Card - 07/12/09 09:38 PM
3 Ways To Increase The Power Of Your Business Card
I had the great pleasure of meeting with Nikki Curry of Mind Body Image who gave me some great tips this weekend on branding your business card.
I do alot of networking and get a ton of business cards for future referrals and growing my business. It is so hard sometimes that when you have a stack of business cards how on earth are you going to remember them later down the road? I thought that these tips were simple and very helpful for everyone.
A call to action on … (61 comments)
|
new american mortgage: YPN HRRA Meetup was a success! - 07/10/09 01:38 PM
I wanted to thank the girls at HRRA YPN that invited me out to speak at last months meeting. It was a great success I believe with 55 participants. I had the great opportunity to speak to them on social networking - Twitter, Facebook and Linkedin for their business.
HRRA YPN is Hampton Roads Realtors Association Young Professionals Network.
See what you missed! I hope you can make the next one!
If you are an agent looking to find out more about this topic because you weren't able to make it contact me at New American … (1 comments)
|
new american mortgage: Our Team Is Still Growing....Welcome Linda Snellinger! - 07/08/09 03:08 PM
I wanted to announce that we officially have a new team member Linda Snellinger to our New American Mortgage Team.
Linda brings to our team 26 years of experience specializing in Conventional, FHA, VA & VHDA mortgage loan products skilled in processing and underwriting. She has also licensed to do loans in Virginia and North Carolina. Linda helps to provide a friendly and stress free transaction with her exceptional serivce - where experience counts.
She has really proven to be a great asset to our team!
I am so lucky to be working at New American Mortgage where they really … (6 comments)
|
new american mortgage: Video On Twitter - 05/28/09 09:13 PM
I absolutely love video...I just don't like seeing myself on video. I am a bit self conscious on the way I come across. But I know video is the thing to do. So I started with just a simple video as an introduction on my twitter page.
BubbleTweet
It isn't automatically played when someone visits your twitter profile page unless you use the URL that is provided once you upload your video. But I think it is a cool little tool to add something different!
So give me your honest opinion of my new twitter profile page!
As … (23 comments)
|
new american mortgage: Using A Reverse Mortgage To Purchase A Home - 05/06/09 03:49 PM
USING A REVERSE MORTGAGE TO PURCHASE A HOME
New Program Available Criteria : Homeowner must be 62 years or older and plan to live in the home as their primary residence No credit or income verification NO mortgage payments EVER! Program is age-sensitive. The older a borrower is, the less equity required. An Example of how it works
Sales Price: $400,000
At age 65, borrower makes an equity down payment of $163,000(40%)
At age 75, borrower makes and equity down payment of $130,000 (32%)
The remainder of the loan is financed through a reverse mortgage. *Above figures … (2 comments)
|
new american mortgage: Introduction of the #1 Virginia Beach Mortgage Team - 05/05/09 04:09 PM
Who said mortgage is a bad business to be in is wrong! I have been busier than ever with referrals, leads to my website, and social networking that I barely have time to blog anymore. But you can't keep me away from blogging for long.
In order for me to grow my mortgage business and still offer the same quality of customer service I had to add to my team. I would like to introduce Paul Murdock - the newest addition to the New American Mortgage Team.
I feel honored to be working with Paul and think that we are … (4 comments)
|
new american mortgage: No Appraisal Needed - VA Refinance - 04/29/09 02:01 PM
I am here to tell you that even though house values may have dropped recently in areas that you can still refinance. If you have a VA loan ( Veterans Administration Mortgage) you are eligible to refinance and lower your payment with no appraisal needed.
Here are some of the benefits :
NO appraisal needed No income verification No asset verification The process is simple.
You must be current on your VA mortgage. We do the rest! That means if you owe $250,000 on your mortgage and homes in your area are $240,000 then it is ok! We can still lower … (6 comments)
|
new american mortgage: Are You Recognizeable? - 04/13/09 10:24 PM
Taken 2 years ago Taken a couple of weeks ago
I am just wondering from those that know me if I look the same as my profile picture that was taken 2 years ago. I had 2 recent experiences lately that got me thinking about this and the power of having a complete profile on your social networking sites and blogs.
1. I was leaving an office building during the day and passed a lady who turned around and stopped me and said - "Are you Naoma?" I am usually pretty good with faces and … (11 comments)
|
new american mortgage: You Don't Have To Be A "First Time Homebuyer" To Be a First Time Homebuyer - 03/31/09 10:21 AM
YOU DON'T HAVE TO BE A "FIRST TIME HOMEBUYER" TO BE A FIRST TIME HOMEBUYER.
WHAT??
That's right! What is the definition of a first time homebuyer according to VHDA?
Eligible borrowers can not have owned a home for the previous three years.
Same goes with receiving the $8,000 first time homeowner tax credit. You can apply for and receive as long as you have not owned a primary residence within the past 3 years.
That means even though you may have owned a home before you are eligible to apply for the "First Time Homebuyer" … (6 comments)
|
new american mortgage: FHA Cash Out Refinance 85% - 03/26/09 11:35 AM
This is to let you know that according to Mortgagee Letter 2009-08 that effective April 1, 2009 you will be limited to a maximum of 85% cash out. So if you are looking to get the 95% cash out limit you will need to get your FHA case # prior to April 1, 2009. So you will only have a few days left if you are needing to go the 95% limit.
Here are the new guidelines summarized for the 85% FHA Cash Out Limits :
Combined Loan To Value = max 85% Must have owned the property at … (0 comments)
|
new american mortgage: VHDA - FHA Plus - 03/20/09 04:47 PM
The VHDA FHA Plus program is still available for first time homebuyers to purchase with no money down.
You need to qualify for a FHA loan and VHDA offers a 5% 2nd to assist with downpayment and closing costs. Both the 1st and the 2nd are the same rate.
Qualifications :
First Time Homebuyer ( not owned a property as primary residence in 3 years) 3 years tax returns Complete VHDA's Homebuyer class There are other programs available to assist with first time homebuyers and at New American Mortgage we will be able to assist you with the homebuying … (4 comments)
|
new american mortgage: 8000 First-time Homebuyer Credit - 03/19/09 02:50 PM
I know alot of people have already explained this but I still get daily questions on this new topic.
All First Time Homebuyers who purchase a home in 2009 are eligible for the $8,000 First Time Homebuyer Credit.
Qualifications:
A First Time Homebuyer is defined as you or your spouse have not owned a primary residence in 3 years.
You are a US Citizen
You do not have income does not exceed $75,000 ($150,000 if married filing jointly)
Benefit:
You do not have to pay back the $8,000 First Time Homebuyer Credit
How do you claim?
Fill out the … (11 comments)
|
new american mortgage: A Call To Action Please - We Need Your Help! - 03/18/09 09:13 AM
Every year the HamptonRoads area has the "Best of" for each city that residents get to acknowledge their favorite local businesses.
This year we are looking for your help in support of The Best Mortgage Company and The Best Reverse Mortgage Company at New American Mortgage.
I will make it really simple for all to vote.
Text to “74568” and enter the code (message) “5121913” for Best Mortgage Company
Text to “74568” and enter the code “5206913” for Best Reverse Mortgage Company
You can also vote online at HamtonRoads.com. This really means alot to us here at New American Mortgage!
… (4 comments)
|
new american mortgage: Virginia Real Estate Tax Information - 03/17/09 11:27 AM
Here is a list of the Virginia Tax assessments as of March 17, 2009. Let me know if I forgot any. Most the the cities and counties now have online access to your tax assessment information and have included the websites if you click on each city.
City/County Phone # Tax Rate Per $100 When Due Misc Information
Chesapeake (757) 382-6281 $1.04 06/05 & 12/05 $1.06 mosquito dist
Charles City (804) 829-9220 $0.82 06/05 & 12/05
Gloucester (804) 693-3451 $0.61 06/05 & 12/05
Hampton (757) 727-8311 $1.04 06/06 & 12/05
Henrico (804) 501-4678 $0.87 06/05 & 12/05
Isle … (4 comments)
|
new american mortgage: Home Affordable Refinance - Fannie Mae's DU Refi Plus - 03/11/09 09:58 AM
Beginning the weekend of May 2, 2009 according the President Obama the goal of the Home Affordable Refinance is to "provide access to low-cost refinancing for responsible homeowners suffering from falling home prices."
The good news is that you do not have to go to your current servicer for help!
Here are some of the highlights that I took from this program :
1. Refinance must be a Fannie Mae loan to a Fannie Mae loan
2. Allow up to 105% LTV ( No maximum CLTV )
3. No minimum credit score
4. May not require a full appraisal
5. … (12 comments)
|
;)
;)
;)
