Do great rates and great service fail to impress you? Well you are not alone. We are in a time where you need to find out who can create value with their services and ideas. And what I mean by value is, attracting customers.

Here are a few loans of value over the last few years:

100% purchase, non-owner, stated income, interest only
1% pay option ARM
100% cash out refinance
100% Jumbo Loans

There is great debate on whether these are good loans, but few can argue these loan did attract customers for Realtors, Builders, and Mortgage Companies.

What are the next generation of loans to attract customers? The loans of 2008!

3-2-1 buy-down
PITI Abatement
FHA/VA
My Community
Credit Repair

One might say that 2008 is the year of government backed mortgages. All the loans high lighted above are directly tied to the government through Fannie Mae, Freddie Mac or FHA/VA. Unfortunately the line is drawn right at $417,000. I hope they raise this number soon!
I will continue my education on the "the loans of 2008" in a series of blogs that describe the idea, guidelines, benefits and selling feature of each loan.  Please let me know if you have any questions on these programs.

Thanks,

Nick Porter

www.LawEnforcement1st.com

Community First Financial, LLC

7575 E Redfield Rd, Suite 235

Scottsdale, AZ  85260

480-305-8900  Ext: 308

541-231-3040  Cell

480-718-8802  Fax