home finance: Reverse Mortgages Boom While the Rest of the Industry Swoons - 05/09/07 03:49 PM
The conventional home mortgage market may be down 25 to 30 percent-and subprime home loans may be disappearing-but one segment of the industry not only is growing fast, but is poised for a sustained boom: Reverse mortgages. Volume in Home Equity Conversion Mortgages (HECMs), the dominant form of reverse loans currently, … (0 comments)

home finance: Borrower's Guide | Lock or Not to Lock? - 01/14/07 10:10 PM
That's the question... There's no sure answer because either choice involves some risk. If you lock now and rates fall, you lose. If you don't lock now and rates rise, you also lose.
Alternatively--and here's the good news--you win by locking before rates rise and you also win by not locking … (3 comments)

home finance: Borrower's Guide | What You Can Say to Your Lender... - 01/14/07 09:59 PM
You've been pretty good about keeping your credit rating up. Always paid on time, every time. There may have been a late payment or two a few years back, but you never took anyone for their money. But today you got a phone call from your loan officer wanting "credit explanations" … (0 comments)

home finance: Borrower's Guide | Comparing Fees, Mortgages and Lenders - 01/12/07 10:50 PM
The mortgage lending procedure is, shall we say, not always a walk in the park... If you're a borrower, you likely face such commands as "document this," "apply here," "provide that," and "sign here and here and there." In the interim, lenders keep talking about fees... a fee for this and … (3 comments)

home finance: Borrower's Guide | Keeping Tabs on Your Credit... - 01/11/07 08:56 PM
Lenders typically look at three credit reports when reviewing mortgage applications, the purpose being that three reports may identify credit issues that a single report would miss... So what steps can you take to make your credit report stronger?
For a broader perspective carefully review and consider the following...
Are there entries which are … (2 comments)

 
Real Estate Agent: Wayne and Lynda Gomillion (Hagan & Hagan GMAC Real Estate)
Wayne and Lynda Gomillion
Pinehurst, NC
More about me…
Hagan & Hagan GMAC Real Estate

Office Phone: (800) 654-0602 Ext.: 233
Cell Phone: (910) 585-2400
Email Me
We’re a husband and wife team with over a decade of experience and offer a consumer friendly and consultative approach to our client’s real estate and relocation endeavors.

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find NC real estate agents and Pinehurst real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved