PM Rate Lock Advice and Mortgage Market Update California Rates 10-07-09, 1:15 PM PT For 30 Year Fixed to $417,000Rate 4.500% Point 1.000, APR 4.643%APR Based on $350,000 Loan at 80% LTVAbove Rates can be locked for 30 days.Call for Quotes on FHA and VA loans With Detailed Good Faith Estimates.No...

10/07/2009

Rate Lock Advice and Mortgage Market Update

4 Comments

Rate Lock Advice and Mortgage Market Update California Rates 10-07-09, 10:00 AM PT For 30 Year Fixed to $417,000Rate 4.500% Point 1.000, APR 4.643%APR Based on $350,000 Loan at 80% LTVAbove Rates can be locked for 30 days.Call for Quotes on FHA and VA loans With Detailed Good Faith Estimates....

10/07/2009

FICO Scores less than 620 - FHA and VA Loans

11 Comments

FICO Scores less than 620 - FHA and VA Loans I have one California investor who is accepting FHA and VA loans for borrowers with less middle FICO Score less than 620. Obviously they are very busy and underwriting is taking 2 weeks with the whole process taking 45 to 60 days. FICOS UNDER 620: The...

10/07/2009

Rate Lock Advice and Mortgage Market Update

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Rate Lock Advice and Mortgage Market Update October 6, 2009, 11:10 AM ET IS THE FDIC KILLING SHORT SALESTo Profit Billionaire George Soros and His Merry Band of Financial Thugs(Gosh LIberal MoveOn.com George and your high priced attorneys this is only MY humble Opinion)Read about MY Unlikely Hero...

10/06/2009

Rate Lock Advice and Mortgage Market Update

2 Comments

10/06/2009

Rate Lock Advice and Mortgage Market Update

3 Comments

Rate Lock Advice and Mortgage Market Update October 5, 2009, 1:30 PM ET IS THE FDIC KILLING SHORT SALESTo Profit Billionaire George Soros and His Merry Band of Financial Thugs(Gosh LIberal MoveOn.com George and your high priced attorneys this is only MY humble Opinion)Read about MY Unlikely Hero ...

10/05/2009

Rate Lock Advice and Mortgage Market Update

1 Comments

Rate Lock Advice and Mortgage Market Update October 5, 2009, 9:10 AM ET IS THE FDIC KILLING SHORT SALESTo Profit Billionaire George Soros and His Merry Band of Financial Thugs(Gosh LIberal MoveOn.com George and your high priced attorneys this is only MY humble Opinion)Read about MY Unlikely Hero ...

10/05/2009

The Week That Was and Links To Interesting Stuff

3 Comments

Saturday Update October 3, 2009, Who'd a thunk 30 year rates would be at 4.500% with reasonable points. Even after rates increased Friday afternoon, two of my wholesalers still allowed me to post 4.500% and 1.125 point, APR 4.658%. I do not believe I have ever posted a 30 year fixed rate this l...

10/03/2009

PM Rate Lock Advisory and Market Update

2 Comments

Rate Lock Advice and Mortgage Market Update October 2, 2009, 4:30 PM ET IS THE FDIC KILLING SHORT SALESTo Profit Billionaire George Soros and His Merry Band of Financial Thugs(Gosh LIberal MoveOn.com George and your high priced attorneys this is only MY humble Opinion)Read about MY Unlikely Hero ...

10/02/2009

Rate Lock Advice and Mortgage Market Update

1 Comments

Rate Lock Advice and Mortgage Market Update October 2, 2009, 7:30 AM ET IS THE FDIC KILLING SHORT SALESTo Profit Billionaire George Soros and His Merry Band of Financial Thugs(Gosh LIberal MoveOn.com George and your high priced attorneys this is only MY humble Opinion)Read about MY Unlikely Hero ...

10/02/2009