Real estate blog entries tagged with mortgage by Dave Rosenmarkle (Highland Realty)

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mortgage: Who Will Provide Mortgage Relief for American Veterans Wounded in Iraq and Afghanistan? - 04/23/09 05:57 PM

Clearly, everyone who has trouble making mortgage payments does not deserve a bail-out. But figuring out who does is proving to be tricky. So while the Obama administration scrambles to check the surge of middle-class foreclosures, many Americans will continue to complain that not enough is being done, that they have … (0 comments)

mortgage: VA Loans – Ugh & Arrghh! - 10/06/06 04:54 PM

I hate VA loans, except when higher income debt ratios are needed or when the purchaser has credit issues that make getting approved conventionally less likely.
Can anyone out there give me better reasons to encourage a purchaser to use his VA eligibility for the 1st or even worse, the … (7 comments)

mortgage: A Fixed-Rate Solution to Equity Line Uncertainty - 09/23/06 05:05 AM

There was an interesting article in the Post today about options for reducing payments and making home equity line payoff more predictable. With the slowly, but steadily increasing interest rates, particularly for home equity loans, some folks are getting nervous about payemts on $70,000 to $100,000 and more lines of credit. … (2 comments)

mortgage: Qualifying for a Reverse Mortgage - 09/18/06 04:41 AM

An elderly past client of mine has a life estate on her home. After she dies, the property will go to her son. She wanted to take out a reverse mortgage to help with expenses. Can she do it? No. To obtain a senior citizen reverse mortgage, the homeowner must be … (0 comments)

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