lebanon 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)
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)
lebanon 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)
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. 
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