A Guide to the Pennsylvania Mortgage Market
A Guide to the Pennsylvania Mortgage Market
ARCHIVED BLOG POSTS
2011
Closing Costs for VA Mortgages in Pennsylvania and the rest of the nation differ somewhat from the closing costs associated with other types of mortgage financing. The Department of Veterans Affairs only allows the Veteran to pay certain costs known as Allowable Closing Costs. The VA has res...
09/24/2011
1
Comments
VA Mortgages have many advantages over other types of mortgage financing. No downpayment, reduced costs and low interest rates make these loans worth a look for any veteran. Lenders are able to offer these enticements to borrowers because VA mortgages are guaranteed by the United States Depar...
09/24/2011
UPDATE : These Funding Fees are now taking effect November 18th, 2011. Read about it here Good news for those seeking a VA Mortgage in Pennsylvania and the rest of the nation. Per the recently passed Public Law 112-026, VA Funding Fees are set to decrease. The below chart was emailed to m...
09/13/2011
New USDA Mortgages in Pennsylvania and the rest of the nation will so be affected by upcoming changes to the USDA Guarantee Fee and the addition of monthly Mortgage Insurance. These changes were announced a few months back and the will become effective with all new USDA mortgages approved on ...
09/11/2011
2
Comments
Using a 100% USDA mortgage is a great way to finance the purchase of your next home in Pennsylvania. These are great loans for those who qualify and the USDA loan remains as one of the true no down payment programs out there. Benefits of a USDA Rural Development loan include: ...
09/11/2011
2
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Qualifying for a Mortgage after a Bankruptcy is possible but requires borrowers to have re-established positive credit. Different types of mortgages have some differences in guidelines. Here is a breakdown of the rules by financing type... Conventional : Chapter 7 requires 4 years since discha...
09/04/2011
Rainmaker
651,443
651,443
Keith Landis
Pennsylvania - "Your Pennsylvania Mortgage Source"