Real estate blog entries tagged with 2nd home by Sue Botelho-USDA Rural Housing Mortgage Pro (Waterstone Mortgage Corporation)

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Home : Blogs : Sue Botelho-USDA Rural Housing Mortgage Pro : Sue's Blog : Tag "2nd home"

2nd home: Fannie Mae LOOSENED a guideline - a Step In the Right Direction! - 02/10/09 06:56 AM

Over the last 18 months, since August, 2007, mortgage guidelines have been tightening due to the conditions of the industry. It seemed that every day since then we have gotten updates from Fannie Mae, HUD, Freddie Mac and our individual investors that made mortgage lending a little tougher, albeit still possible and not as hard as the news media states.
However, on Friday, I received an email from a fellow mortgage lender in the Tampa area with an attachment from Fannie Mae. A while back, both Fannie and Freddie tightened up lending for buyers of 2nd homes and investment properties to … (0 comments)

2nd home: Florida Real Estate Financing Woes...... - 09/29/08 07:13 PM

Today was NOT the best day in my little corner of the world! I had been out of the office since last Tuesday attending the Florida Association of Realtors convention in Orlando and was back and fired up and ready to hit the streets running!
We are a correspondent lender and sell a large percentage of our loans to JP Morgan Chase. This afternoon, I received a bulletin from JP Morgan Chase stating the following changes for Florida: They are no longer financing condos AT ALL; they will no longer finance 2nd homes or investment properties, they will no longer … (2 comments)

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Sue Botelho-USDA Rural Housing Mortgage Pro

Fort Walton Beach, FL

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Waterstone Mortgage Corporation

Address: 2 Park Circle, Suite A, Ft. Walton Beach, FL, 32548

Office Phone: (850) 362-6901 x 2

Cell Phone: (850) 797-7946

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