Real estate blog entries tagged with changes in mortgage programs by MAUREEN STACCATO Associate Partner Massachusetts (KELLER WILLIAMS OF PIONEER VALLEY)

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changes in mortgage programs: Need a refi in Ma- help please! - 07/11/07 05:33 PM

Hi there lender pros!
I have someone who is looking to refi their home because they will be going adjustable in March. Here is the scenario that seems to be a problem.
BK- The BK is 19 months out. She had the BK but not the spouse and was able to get the mortgage only … (2 comments)

changes in mortgage programs: The NEHEMIAH program- first time with this program and need advice! - 07/02/07 09:25 AM

I have a buyer that just got an accepted offer on a property and they are in the NEHEMIAH program. It is a FHA program that can gift back 6% towards closing costs and down payment money. This is my first experience with this program so I am learning as we … (9 comments)

changes in mortgage programs: Predatory Lending- have we seen the last of it? - 06/20/07 03:58 PM

One of my neighbors has gotten themselves into a pickle because of predatory lending practices. The situation they are currently in has put great strain on their home-life and they are on the verge of loosing their home of 9 years.
I don't know if I am able to give the … (9 comments)

changes in mortgage programs: The changing mortgage programs why do you hurt me so? - 06/10/07 07:26 PM

Well in the past 3 weeks I have had 2 deals fall apart on a sale of a listing because during the process the mortgage programs had changed and the buyers no longer qualified. Such a pitty and frustration. As we all know the mortgage lenders have gotten tougher on their … (6 comments)

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