Real estate blog entries tagged with refinances

Blog entries tagged with "refinances":

refinances: Here's good news for homeowners with "problem" loans. - 06/06/08 01:06 AM

Hope Now, the private sector alliance of mortgage servicers, counselors, and investors that is working to help prevent foreclosures, announced today that mortgage servicers provided loan workouts to approximately 183,000 homeowners in April 2008, the highest monthly amount since the program was begun in July 2007. Since July 2007, the industry … (0 comments)

refinances: declining markets - 06/02/08 10:58 AM

I have been trying to help a nice older couple refinance their home located in Florida, but unfortunately the value has decreased so much that I am unable to help them at this time unless they pay almost $10,000 in closing costs. If they had that much extra money laying around … (0 comments)

refinances: Good news for bigger loans and refinances! - 05/11/08 11:42 AM

The Economic Stimulus passed in February allowed FNMA and FHLMC (FannieMae and FreddieMac) to purchase High Cost Area Conforming Jumbo (HCACJ) loans from lenders. Loans made between $417,000 and $729,600 started closing in March of this year, but no one was willing to buy them. FNMA had not yet created bundles … (0 comments)

refinances: STATED INVESTMENT PROPERTY REFINANCE.........HELP!!!! - 05/08/08 09:53 PM

OKAY MY FELLOW ACTIVE RAINERS, PUT YOUR BRAINS TOGETHER FOR THIS ONE! I REALLY NEED TO GET YOUR HELP ON THIS ONE! I HAVE A GUY THAT IS A SELF EMPLOYED LANDLORD/PROPERTY "FLIPPER" WHO SHOWS AN AVERAGE $12,000 IN INCOME AND IS A 696 FICO. THE GUY ONLY OWES $20,000 ON … (8 comments)

refinances: Are you Ready to Lock? - 05/05/08 04:55 PM

I typically wake up between 6.00 and 6:30 am every morning, download rates and then analyzed who I can help today. If I see any rate improvement that may benefit any of my clients, I call them immediately. This is an important service for my clients because the window of opportunity is … (1 comments)

refinances: All I need is a miracle!! - 04/17/08 09:18 AM

A few times over the past few months I have felt like I needed a miracle to keep going. The market was looking bad and it seemed like the only people looking to refinance their homes were completely upside down or 4*30 on their mortgage. And now spring is here and … (17 comments)

refinances: Pacific NW Tops the list when it comes to the best places to live and start a business. - 04/02/08 11:57 AM

Apparently, I am a list guy! I am blogging on 2 top 100 lists in the same day, but honestly this is interesting reading. I love the Pacific NW and now I have even more reasons to love it!
As a small business owner myself, I know the Pacific NW is … (0 comments)

refinances: Rate shopping? Use this as a tool to help do it right! - 03/04/08 12:39 PM

For those people that like to shop for the best rates, I have a tool to help you find not only a good rate, but a REAL rate and find out if you are working with a true mortgage professional or not. The link below is to a form that has … (7 comments)

refinances: Current VA Home Rates - 03/02/08 08:34 PM

Current VA home rates have lowered to 5.5% - APR 5.89%This is really good news for veteran borrowers who are looking for a VA home loan.A VA mortgage loan can assist many homeowners with a no down payment, and also for those that need a bad credit mortgage.VA home mortgages can assist a 1st time home buyer or 2nd time … (0 comments)

refinances: North Carolina FHA Mortgage Loans - 02/20/08 03:29 PM

North Carolina FHA mortgage applications have been rising with the new FHA loan limits.
The current FHA rates have been on the rise, but borrowers are still refinancing from their subprime ARMs.
Charlotte FHA Loan limits have risen to 230k, and may rise again to 271k within 30days.
Charlotte NC has been … (0 comments)

refinances: New Product Update! - 01/14/08 04:22 PM

VA Loans with a NO closing cost option; I pay all the non-allowable fees! Now up to $1.5 Million!
•·       MCC! Which can also be combined with VA
•·       Stated income products still available
•·       Commercial Loans: All property types!
•·       100% financing even for credit challenged borrowers with no points!
•·       FHA and Hawaiian Homelands … (3 comments)

refinances: Refinance Your Subprime Mortgage Tops AMG Blogs Report (Oct. 16, 07) - 10/16/07 03:32 PM

The mortgage market remains in flux. Refinancing a subprime loan into a regular conventional mortgage is the big topic here in the Phoenix, Arizona market. The Arizona Mortgage Guru addressed this issue with a practical six step guide on how to refinance a subprime mortgage. The refinance post received heavy traffic, so it's on … (0 comments)

refinances: Dispelling common myths about participating with FHA loans - 09/28/07 05:38 PM

Dispelling common myths about participating with FHA
Myth: Takes more time processingTruth: Takes no more time than a conventional loan Adds no additional or special requirements Uses TOTAL Scorecard/AUS approval allowing you to complete a loan in the amount of time it takes to get the appraisal Myth: More paperworkTruth: Requires … (0 comments)

refinances: FHA a nice way to separate yourself from your competition - 07/16/07 11:34 AM

With the chaos of the Sub Prime industry, we at Northern have found that FHA is a nice product that can help clients who used to, but no longer qualify for purchases or refinances. Though not easy to obtain nor cheap, the FHA license and product has been a fantastic way … (0 comments)

refinances: It’s All About Your Client - 07/16/07 09:10 AM

Consumers are savvy-they are spending time on the web researching available products; but at the same time, they are busy and they are relying on us, the experts, to provide them with the information they need to make solid financial decisions for the purchase of a home, financing for the first … (8 comments)

refinances: How can lenders advertise no closing cost refinances? - 05/23/07 01:26 PM

This was an earlier post that received so much attention, I decided to repost for those that may have missed it.
What's the real scoop on lenders advertising no closing costs refinances?
Have you heard these advertisements... mortgage broker's claiming "we make enough money on interest during the life of the loan" and … (8 comments)