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investment property: Your Home Loan Application- Series 1 – Property Information and Purpose of Loan - 12/13/08 12:04 PM
 

When I initially speak with someone interested in a residential mortgage most of the time the first question I am asked is either (1) what are your rates. Or (2) what do I need to do to qualify for a loan?
The purpose of this series is to address the steps in completing a mortgage loan application for qualifying purposes. I will make one quick statement on rates. The question is not what are my rates, but what is your, the customers, rate. Home loan rates are dependent on many factors such as your loan profile, the type of … (2 comments)

investment property: Fannie Mae’s Buy and Bail Policy—What a World We Live In - 11/26/08 01:45 PM
When I first heard of the buy and bail concept, a few weeks (or was it months, time flies when your having fun) ago, I must confess the first thought that flashed through my mind was "who would do that"?
 That initial thought lasted about three seconds before I transitioned to, "Oh yeah, I can see that happening". With declining property values, even people with otherwise good credit as saying "get me out of here". They are purchasing a new property at today's market value and then letting the home that they are underwater on go into foreclosure. What a world … (5 comments)

 

Jay Williams, Mortgage Loan Officer Getting You The Right Loan

Greenville, NC

More about me…

Greenville, NC

Address: 218 E. Arlington Blvd, Greenville, NC, 27858

Office Phone: (252) 493-4802

Cell Phone: (910) 527-1809

Email Me

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