George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut - NMLS #65149
On Monday I wrote a blog titled How Debt-To Income Ratio Are Calculated in which members asked for some further clarification on what are the Debt-To-Income Ratios For The Major Loan Programs?  So I thought it would be good to write a separate blog to answer those questions in depth.With the crea...
We received the bulletin below today from one of our investors alerting us to a E-Mail Wire Transfer Payment Scam.  Please read the whole bulletin below to make sure this new scam does not apply to you.  If this scam does apply to you please act upon it quickly.I wish we had been alerted to this ...
  Wesleyan University in Middletown, CT is all set to Celebrate World Music Day Friday,  September 11th. at 2:00 p.m. in the Olin Library, North College, Center for the Arts, and Foss Hill.  World Music Day is inspired by Fete de la Musique, and this will be the fourth annual World Music Day Fes...
 Car enthusiast in upper Middlesex County have been in there glory this year with several car shows we have had.   We have had the Cromwell CT. 2015 Memorial Day Car Show, the Vinal Tech PFO's Anything Goes Motor Show, the 10th Annual E.J.K. Car Show At Xavier High School, and the Middletown, CT,...
Debt-To Income Ratios (DTI) play a significant role in qualifying for a mortgage.  Long gone are the days where a Borrower's DTI Ratios could be 67% and higher.  Today most loan products require a DTI Ratio of 45% or less.  One of the few exceptions is FHA which still allows DTI Ratios in the 50+...
 Summertime is here and that mean the 2015 Sunflower Maze At Lyman Orchards is ready for our enjoyment.  Lyman Orchards in Middlefield, CT does a fantastic job with the Sunflower Maze in the Summer, and the Corn Maze and Pumpkin Patch in the Fall.  Both of these events provide great fun for the w...
I don't know about other people, but my wife spends a fair amount of time each week taking care of her plants, and making sure they are always well water.  So when I see flowers from weeds on the side of the road like the ones in the pictures below, I am in awe of mother nature.These flowers have...
 Middletown, CT has several family events going on this weekend, and the Wadsworth Mansion Open Air Market & Festival Tomorrow, August 30th is a really special event to take the whole family to.  The 700 foot long lawn area leading up to the historic Wadsworth Mansion, in Middletown, CT will be ...
Even with all the negative changes impacting the ability of First Time Homebuyers to purchase a home, First Time Homebuyers Continue To Have Option To Purchase A Home.   There are still several mortgage program available to First Time Homebuyer that require little to no money down.  Today there a...
Most schools around the Country have already started the new school year.  So the impact schools have on a Buyer's decision of where to purchase a home has been on my mind, and how Schools Continue To Be A Major Considerations In Purchasing A Home.  The quality of schools in a town or city have a...

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