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Where do prices really stand? - 100% financing - Loan mod prospect #1 question

span lang="EN">Meltdown 101: Where do home prices really stand?
Is the historic U.S. housing market crash close to being over, or is the end still far, far away? Good read.

Home Buyer Tax Credit could expand
A first-time home buyer tax credit of up to $8,000 has helped to move housing inventory during an otherwise sluggish real estate cycle. Now both legislators and the business community are hoping to build on the incentive's success by expanding it. Read more

100% financing not available? - Wrong!
USDA financing (which we offer) allows for 100% financing PLUS seller concession closing cost. There is an upfront funding fee, but NO PMI, There are geographic and income restrictions, but it is amazing how many areas qualify. Here's the beef.

Should I pay my mortgage?
This seems to be #1 question for people considering loan modification. Unfortunately there are several answers and which is correct for you depends on the Circumstances. Attorney Richard Zaretsky addresses the common scenarios in this article. For loan modification help go here.

Reverse mortgages for home purchases
The feds issued new guidelines at the start of 2009 that would allow older borrowers to use reverse mortgages to buy a principal residence. But few lenders were ready to offer this option — until fairly recently. (We do - P). Read more

Rates mixed
For the week ending June 25th the 30-year fixed averaged 5.42% with an average 0.7% fees and points, up from last week when it averaged 5.38%. This time last year it averaged 6.45%. Freddie Mac rate surveys.

Available
- Same day loan decision (no ifs or buts)
- 30-day closes (45-days for FHA)
- Condo (conversion) financing services. Information

- FHA loans down to 560 Fico

- 50-70% LTV stated income loans (600-700 Fico needed)

- 95% LTV Fannie Mae condo loans

- Loans for non-residents

- Rehab and construction loans

- Non-warrantable property

- Reverse mortgages

- Jumbo loans at near conforming rates

- Commercial loans

Contact me for excellent service.

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"Every horse thinks its own pack heaviest"
Thomas Fuller (1608-1661)