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purchase: Your Payment isn't what it seems . . . Thanks Uncle Sam - 12/08/09 02:53 PM

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purchase: The Journey to Homeownership - 12/08/09 02:07 PM

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purchase: The Benefits of a USDA Guaranteed Loan to Purchase a Home - 11/16/09 12:27 PM

U.S. Department of Agriculture Home Loan Benefits There are a number of benefits of using a USDA guaranteed loan to purchase your rural home, including: · Borrowers can finance up to 100% of the appraised home value, and are not required to put a down payment on the home. The USDA guaranteed mortgage program is one of the few 100% financing options for home loans available. · Borrowers can receive gifts or grants and use it toward closing costs. · The US government guaranty's the loans which means lenders can offer lower interest rates on 30 year fixed home loans. … (2 comments)

purchase: Don't Let This Opportunity Pass You By - 07/16/09 04:42 PM

 
 
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purchase: Indiana's Good Fund's Law - Don't get caught off guard - 06/08/09 10:50 AM
Effective July 01, 2009 - HEA 1374 - requires that money for a purchase or refinance be "Good Funds."
Among the requirements:
Closing Agents must deposit all funds received in connection with a real estate transaction into an escrow account unless all the parties involved agree to another arrangement.All funds in the amount of $10,000 or more, in the aggregate, received from any party to a real estate transaction must be wired, irrevocably credited to the closing agent's escrow account.  Checks for $10,000 ore more are prohibited.  This is to guarantee that funds are immediately available.Funds less than $10,000 in aggregate, received from … (2 comments)

 
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Jeremiah Wean (NMLS#132221)

Indianapolis, IN

More about me…

Lakewood Lending Group, LLC (NMLS#132141)

Address: 10218 Windward Pass, Fishers, IN, 46037

Office Phone: (317) 401-9700 x 101

Email Me



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