homebuyers: CHANGES!!!!!!!!!!
- 09/09/10 09:01 AM
Seems like every time I turn around these days they are changes after changes. New programs, guidelines changes, underwriting, investors want this and not this. Do we want people in houses???? The American Dream is gone. You have to jump though hoop these days to get a loan done no matter who you are and how much you have. The interest rates are great but not many canget into a home with all this tough underwriting. From one extreme to another!!!!!! Please dont vote for OBAMA we have had enough change for the BAD!!! … (2 comments)
homebuyers: Rates to go up today!!!!
- 09/03/10 03:11 AM
Look for rates to go up a little today with market reports that came out! Rates are still great!!!! People dont realize the average past history of rates are about 6.5% and we are way below that average!! Hope this cold spell and windy weather dont scare those home buyers out there. They better move now before it gets worst. Everyone make it a great day out there. … (3 comments)
homebuyers: ZERO DOWN LOANS IN MINNESOTA!!! YES WE HAVE THEM!
- 08/31/10 06:04 AM
USDA LOAN PROGRAM WILL GET YOU INTO A HOME WITH ZERO DOWN! Basic requirements of the USDA loan program: 100% financing, 30-yr fixed, NO PMI Single family homes only Must have at least a 680 credit score, and no more than a 45% debt-to-income ratio Up to 3% seller paid closing costs Has to be in a rural area (That does not mean its out in the country in every case) Home Buyer Class Required Must be first-time buyer (or not owned a home in the past 3-years) FOR MOR INFORMATION CONTACT MY OFFICE!
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homebuyers: Rates in the 3's for a 30 year fix!!!!! Never seen that before!!!
- 08/26/10 07:57 AM
I got my rate sheet yesterday and my bottom rate on a 30 year fix conventional loan was 3.875 with a 1% discount point. That is the first time I ever seen a rate in the 3's for a 30 year fix. Will rates go lower??? Who knows but money is cheap right now to loan. Just got to find those buyers to use this cheap money. If your renting right now and have a good credit score and a down payment now is the time to make a move into a home. How long can this last!!! Good luck to all … (1 comments)
homebuyers: Traffic at open houses????
- 08/23/10 08:42 AM
WAS TALKING TO A REALTOR THAT HAD 3 OPEN HOUSES LAST WEEKEND AND ON ONE HOME HAD NOBODY SHOW UP AND THE OTHER 2 TWO COUPLES AT BOTH. WHERE ARE THOSE BUYERS??? IS THIS COMMON WITH ALL OPEN HOUSES OUT THERE AT THIS TIME. IN THE PAST I REMEMBER WHEN YOU WOULD HAVE LIKE 20 PEOPLE COMING THOUGH THOSE HOUSES AGENTS WOULD TELL ME. WHAT ARE YOUR THOUGHTS OR OPINIONS ABOUT OPEN HOUSES AND THE TRAFFIC YOUR GETTING THOUGH. THANKS FOR YOUR OPIONS AND COMMENTS!!!! … (3 comments)
homebuyers: MINNESOTA CONNECTIONS!!!!!!!!
- 08/10/10 06:18 AM
IM LOOKING FOR REAL ESTATE AGENTS TO WORK WITH THAT WANTS A LOAN OFFICER WITH OVER 20 YEARS OF EXPERIENCE AND CARES ABOUT HIS CLIENTS. GREAT COMMUNICATIONS AND WILL GET THE LOAN DONE FOR YOU. I DO GIVE REAL ESTATE AGENTS REFERRALS FROM TIME TO TIME ALSO FROM MY HUGE DATABASE OF PAST CLIENTS. IF YOUR LOOKING TO MAKE IT HAPPEN, GIVE ME A CALL. WE ARE ONE OF THE LARGEST PRIVATELY-HELD MORTGAGE COMPANIES IN THE UNITED STATES STARTED IN 1994. LOOKING FORWARD HEARING FROM YOU! THANKS!
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homebuyers: Housing crisis, 15 million homeowners are upside down!
- 08/05/10 03:42 AM
Three years into the housing crisis, nearly 15 million homeowners owe more than their homes are worth, and an estimated one in four mortgage defaults is voluntary. Those figuires are scary, what would happen if those homeowners started to walk away from their homes like so many have. A plan has to be put into place and not with the help of the govenment, that would just makes everything worse.
Shawn Olson Gateway Funding Diversified Mortgage
651-451-2744 … (3 comments)
homebuyers: WOW!! MORTGAGE RATES ARE SO LOW!!!!!!!!!!!
- 07/22/10 05:49 AM
I PULLED UP RATES TODAY AND I CAN DO A 30 YEAR FIX CONVENTIONAL AT 4.25!!! TALKING TO REALTORS THERE NOT MANY BUYERS OUT THERE TO TAKE ADVANTAGE OF THESE GREAT RATES AND LOW HOME PRICES. EVERYONE SHOULD GET THE WORD OUT THAT NOW IS THE TIME TO MAKE A MOVE FOR THOSE 1ST TIME HOMEBUYERS OR IF YOU ARE RENTING. YOU CAN BUY A HOME CHEAPER THAN RENTING AND WITH A TAX BENEFIT. BEST OF LUCK TO ALL IN THIS CRAZY MARKET AND MAKE IT A GREAT DAY! SHAWN OLSON
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homebuyers: Rates are the Lowest ever!!!!!!!!!! REFINANCE NOW!
- 07/07/10 09:21 AM
The mortgage industry have gone though many changes and more changes, but where the rates are today it is time to refinance out there. I think alot of people just dont know how great the rates are. You could save thousands over a year period on your payments! Please give me a cal today and I will go over a no cost quote for you. Let my 20 plus years in the industry benefit you! Call 651-230-1313 or email at solson@gateway-funding.com. Thanks, Shawn Olson
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homebuyers: WANTED!! Real Estate agents in Minnesota
- 01/28/10 02:21 AM
Im looking to team up with Real Estate Agents in Minnesota to do your purchase business. I have over 20 years in the lending business and will get your loan done and on time. Communication is key with all parties involved in the purchase process with all the recent changes in the industry. Gateway Funding is one of the largest private Bankers in the country. Feel free to contact me at 651-230-1313 or email me at solson@gateway-funding.com. My website is www.olsonhomeloans.com Lets make this spring and 2010 a great one!
Best Regards,
Shawn Olson … (0 comments)
homebuyers: The $8000 Tax Credit or $6500 Tax Credit
- 01/11/10 03:15 AM
THE $8000 TAX CREDIT IS FOR FIRST TIME HOMEBUYERS, MUST HAVE BINDING SALES CONTRACT SIGNED BY APRIL 30 2010 AND CLOSE BY JUNE 30TH. THE $6500 TAX CREDIT IS FOR IF YOU OWNED AND LIVED FOR AT LEAST FIVE CONSECUTIVE YEARS OUT OF THE LAST 8 YEARS. SEE YOR TAX ACCOUNTANT FOR MORE DETAIL INFORMATION. THIS IS A GREAT INCENTIVE TO BUY A HOUSE NOW. … (0 comments)
Seems like every time I turn around these days they are changes after changes. New programs, guidelines changes, underwriting, investors want this and not this. Do we want people in houses???? The American Dream is gone. You have to jump though hoop these days to get a loan done no matter who you are and how much you have. The interest rates are great but not many canget into a home with all this tough underwriting. From one extreme to another!!!!!! Please dont vote for OBAMA we have had enough change for the BAD!!!
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