lancaster pa mortgage rates: Looking For An Advantage In The Home Market? Get Pre-Approved - 06/04/09 09:41 AM
Central PA Homebuyers often forget one of the most important steps in the home buying process: arming themselves with a pre-approved mortgage loan before they begin their house hunting.
A pre-approved mortgage loan is a lender’s commitment to lend to the homebuyer, with specifications on the exact loan amount. To get pre-approved, homebuyers need to provide personal financial information -- such as income, debts and assets -- to a lender. Applications are usually approved with certain caveats. However, with the lender committing to the loan amount and interest rate up front, buyers can have confidence that adequate financing is in … (0 comments)

lancaster pa mortgage rates: Home National Mortgage Is Growing! Need Mortage Advisors... - 04/10/09 08:27 AM
Mortgage Advisors needed: $50k to $250k. Self starters needed with strong financial understanding and great social skills. Work in one of Central Pa's fastest growing companies. Flexible schedule but many hours required including evenings and weekends. Send your resume and/or letter of interest to rfelpel@homenat.com or fax to 717.735.8274, Home National Mortgage Company Licensed by PA Dept of Banking, EOE … (0 comments)

lancaster pa mortgage rates: How To Get Your First-Time Homebuyer $8,000 Up Front, Before You Buy! - 03/11/09 08:16 AM
 
Home National Mortgage Company and Coldwell Banker Select Professionals have discovered a way for homebuyers to get their tax credit refund of up to $8000.00 before they buy a home!
 
How does it work? Get Pre-Approved through Home National Mortgage Company and become a client of Coldwell Banker Select Professionals and we will align you with one of our preferred accountants to get your tax credit prior to buying a home as long as you meet qualification requirements.
 
Benefits of the program:
Get money to use for down payment and closing costs before settlement on a home! Get … (0 comments)

lancaster pa mortgage rates: Outlook for the Mortgage Market and Real Estate Market in 2009 - 01/13/09 02:30 AM
Lancaster PA- Most people I talk to sure are glad 2008 is over and we are no different. We saw more financial chaos in the United States in 2008 than any other single year that can be remembered. It was a year that left us wondering if there will ever be blue skies again.
I believe that our financial system is paying the price for years of greedy risk taking mostly by Wall Street players and poor oversight from regulators and lawmakers. The era of "Greed is good" as Gordon Gekko said in the 1987 movie Wall Street has now come … (0 comments)

lancaster pa mortgage rates: Home National Mortgage Announces New Loan Officer - 01/12/09 03:08 AM
Central PA, (January 9, 2009) - Home National Mortgage proudly announced the affiliation of Ray Smith as a loan officer this week.
Ray is a graduate of Dickinson College (BA Policy Studies Management) and the Pennsylvania State University (Master's of Public Administration).  For the last two years, Ray has worked as a caseworker for the U.S. Senate.  He was heavily involved in helping constituents who were victims of the Wesley Snyder Mortgage Ponzi scheme. In addition, Ray is an active member of the community, serving in many professional organizations. Ray is proud to join the mortgage lending industry as an ethical, … (0 comments)

lancaster pa mortgage rates: Lancaster PA Mortgage Rates Drop Today - Under 6%! - 11/25/08 02:17 AM
The Fed announced programs today that are aimed at bringing mortgage interest rates down and spurring home sales and refinances. The Fed says it will purchase up to $600 Billion of mortgage backed debt. The Fed will first buy $100 billion of debt directly from Fannie Mae and Freddie Mac, second the Fed will buy up to $500 Billion of bonds backed by Fannie, Freddie and Ginnie Mae!
What does this mean? Mortgage rates move up and down based on investor purchasing and selling of mortgage backed securities(MBS). When there is demand for MBS, meaning there are buyers of theses securities, … (0 comments)

lancaster pa mortgage rates: Lancaster PA Mortgage News - The 2008 Law Highlights - 08/07/08 04:59 AM
Last week, President Bush signed a $300 Billion rescue plan into law called the "Housing and Economic Recovery Act of 2008". There are more than 700 pages to the bill and I wanted to give you the highlights -  however, more information will follow as the bill becomes fully enacted.  If you are looking at homes for sale in Lancaster or invest in Lancaster PA real estate using a mortgage, you need to understand how this legislation affects you.
Tax Credits - First time homebuyers are receiving an awesome incentive to buy a home. If you haven't owned a home in … (0 comments)

 

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