Roger's Blog

I know everyone who didn't lock in a 4.5% is probably kicking themselves.  Rates have moved up since the inauguration, now their in the high 5'sand some lenders are posting FHA rates close to 7%.  In spite of the hype, I think very few people locked in at 4.5%.  Some weren't ready and some got gr...

In response to the growing number of "buy and bail" scenarios, lenders have implemented new rules when someone wants to call their old home a "rental" and use the rent income to qualify for a new one.  If you can qualify for both payments with your income, then the following doesn't apply. First,...

I get this question every day.  Considering a couple of years ago, we could get someone a zero down loan without much more than a name and a 580 fico score, it can be very frustrating.   Right now, there are still a few options available for zero down loans.                VA loans are available ...

I've been trying to wrap my head around the changes 2009 will bring.  Numerous changes for borrowers and mortgage originators.  Some of The changes are: If a loan is considered a "higher priced mortgage loan", based on a FHLMC published average prime offer rate more than 1.5% over this published ...

Well its been an interesting year for those of us who have survived 2008.  I am an optimistic person and never thought that the market would crash like it did.  Oh, well, its time to get busy making 2009 a better year than 2008. I put together my action plan for the year.  It have many of the sam...