PMI is following Fannies lead
Fannie decided they were hurting the market and reversed their position slightly- agreeing to do 5% down in a declining market. BUT, and it was a big but, the ...
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Mortgage and Lending |
RAINER 4,487 |
| lynn christensen | ||
| location_on Merrimack, NH | ||
| web lynn christensen's (lynnchristensen) Blog | ||
Get to Know lynn christensen
I am a long time NH resident who loves the state and my job.
I am a former engineer who got tired after many years in the business and went looking for something different. I found it in the mortgage business. I have been originating loans for over 20 years now with lenders, banks and brokers.
I work with many agents that I have developed a relationship with over the years and my former customers provide a continuous supply of referrals for me as well.
Our rates are good, our fees are low, our commitment to service is good and I return phone calls promptly.
Call me and see how I can help.
fannie mae is on board
Fannie is finally reacting to the market. They have been pulling back from doing loans in markets that they determine are "declining in value" Making it very ...
rate roller coaster
While friends are bemoaning their losses in the investment market, I am smiling and watching the mortgage rates drop to the lowest they have been in many years. ...
Certifications
I originate loans across the spectrum. I am very knowledgeable with FHA and VA loans. Yes, there is more paperwork, but they are not hard to do and they work well for that segment of the population. Both were out of vogue for many years but are becoming increasingly popular.
If you are looking in an area that is eligible, Rural Housing still does 100% financing.
Credit challenged borrowers have fewer options since the sub-prime problems, but there are still some available. I work with many who are challenged, to correct their credit and help them establish a plan to bring their score up so that they will be in a position to purchase with a conventional loan at standard rates.
I have successfully helped corporate relocating buyers for many years. I understand their special circumstances while in transition and thru my involvement in local organizations can provide a wealth of local knowledge.