ARCHIVED BLOG POSTS

2009 

In April of 2008 FHA expanded the maximum loan limit up to $729,000. This covered much of Maryland, and all of DC and Northern Virginia. Other counties, such as Howard County and Anne Arundel County received bumps up to $560,000. Borrowers were able to borrower up to 97% of the value of their hom...
08/26/2009
From early March until May 27th we were enjoying record low interest rates. When I say low, I mean REALLY low. I was writing loans as low as 4.375% 30 yr fixed with ZERO points. Despite all of this, I had clients that refused to lock as they waited for 4% or even lower. Those clients got burned a...
08/17/2009
It is imperative to compare apples to apples when shopping for your mortgage. Just because one broker offers you the lowest rate, it does not necessarily mean that they are offering you the best deal. To find out what the best option is for you, you must compare Good Faith Estimates side by side....
08/11/2009
Most folks think that 100% financing is a thing of the past, these people are not educated in USDA mortgages. USDA is offers 100% mortgage financing on home in rural areas up to $417,000. The good news is, you do not have to move to Nebraska to take advantage of this great program. Almost all of ...
08/10/2009
Rainer
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