fha rates: You would not consult a stripper if you had the flu, do not consult a realtor about your mortgage - 12/03/09 01:57 AM
So you want to buy a house, what is the first thing you do (after trolling for hours on MLS listings sites )? You contact a realtor. The realtor is very happy to take your call and advises you to get pre-approved. Conveniently they just happen to have someone that comes "highly recommended and specializes in (fill in the blank, whatever you need is there specialty)" . You will call this person (which you should do) and they will pre-approve you for your loan, and send you off to buy a home! We all love one stop shopping and you have … (4 comments)

fha rates: Today's mortgage rates 11/30/09 from 4.375% fixed! - 11/30/09 02:08 AM
TODAY'S MORTGAGE RATES : MD, VA & DCUpdated 10:40 am 11/30/09All rates listed below are BASE rates on a 30 day lock. Factors such as credit score, loan to value, occupancy, cash out, loan purpose, property state and lock period can change these rates for better or for worse. Please contact me today for a custom rate quote.Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage (ARM) Rates from 3.25% call for details30 yr fixed rate mortgage below $417,0004.375% 1 point4.5% .5 points4.75% NO POINTS 4.875% … (0 comments)

fha rates: Mortgage rates headed into unchartered waters; this is very good! - 11/30/09 12:03 AM
Those pundits and arm chair quarterbacks out there who were predicting mortgage rates below 4.5% are either really good or really lucky. The truth is, it does not matter. As of 8:40 on Monday 11/30/2009 we appear headed to opening rates at 4.375% or lower with 1 point upfront.
To overuse a phrase that is already grossly overused, this is a perfect storm. Home values have stabilized and in many markets like Montgomery County, MD ; home values have started to rise in some pockets. This makes it an ideal time to refinance or purchase, especially if you have a JUMBO … (2 comments)

fha rates: How long does it take to close a mortgage refinance? - 11/05/09 06:08 AM
How long does the mortgage refinance process take?                     
It is important to have proper expectations as to how long it will take to settle on your refinance. There are many factors that can affect the time that is will take to close. Please read on for a basic time line for a traditional FHA , Fannie Mae and Jumbo refinances.
Step 1: Identify a broker/lender that you trust to handle your loan transaction. Do not be fooled by "low cost/hidden fee" internet chop shops. It is important that you do not lose sight of the fact that your mortgage is your LARGEST … (1 comments)

fha rates: Today's mortgage rates :FHA, Fannie, Jumbo. MD, VA, DC - 11/05/09 02:24 AM
IMPORTANT FHA GUIDELINE CHANGES TAKE EFFECT ON 11/18
TODAY'S MORTGAGE RATES : MD, VA & DCUpdated 10:45 am 11/5/09All rates listed below are BASE rates on a 30 day lock. Factors such as credit score, loan to value, occupancy, cash out, loan purpose, property state and lock period can change these rates for better or for worse. Please contact me today for a custom rate quote.Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage (ARM) Rates from 3.5% call or email for details30 yr fixed rate … (0 comments)

fha rates: Mortgage rates from 4.5%, No Cost refinances available! - 11/02/09 05:51 AM
TODAY'S MORTGAGE RATES : MD, VA & DCUpdated 11:15 am 11/02/09
IMPORTANT FHA GUIDELINE CHANGES TAKE EFFECT ON 11/18
All rates listed below are BASE rates on a 30 day lock. Factors such as credit score, loan to value, occupancy, cash out, loan purpose, property state and lock period can change these rates for better or for worse. Please contact me today for a custom rate quote.Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage (ARM) Rates from 3.5% please call or email for a … (0 comments)

fha rates: Today's mortgage rates Maryland, Virginia, Washington DC - 10/29/09 03:29 AM
TODAY'S MORTGAGE RATES : Maryland, Virginia & Washington D.C.Updated 11:15 am 10/29/09All rates listed below are BASE rates on a 30 day lock. Factors such as credit score, loan to value, occupancy, cash out, loan purpose, property state and lock period can change these rates for better or for worse. Please contact me today for a custom rate quote.Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage (ARM) Rates from 3.5% CALL OR EMAIL FOR A QUOTE30 yr fixed rate mortgage below $417,0004.375% 2.625 points4.5% 2 … (0 comments)

fha rates: Attention: All FHA homeowners, FHA streamline refinance guidelines are changing. - 10/06/09 02:01 AM
If you currently have an FHA loan, please read the following.
On September 18th 2009, HUD issued new guidelines for FHA streamline refinances. While I agree with the spirit of the new guidelines, the result will be that FHA streamline refinances without appraisals will be more costly. The new guideline will apply to all transaction with an FHA case number issued on or after 11/18/2009.
Why will the new guidelines make an FHA streamline more expensive?
Under the new FHA streamline guidelines, the maximum loan amount will be your outstanding principal balance MINUS your upfront mortgage insurance premium refund. Under the old guidelines, … (1 comments)

fha rates: Today's rates from 4.375% Maryland, Virginia, DC - 10/01/09 03:19 AM
4.5% mortgages today Maryland, Virginia, DCUpdated 10:45 am 10/1/09Work with a local mortgage lender that you can trust. Choice Finance has been serving the DC metro area for 14 years. Stop by our local Rockville, Md office today to visit us!Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage (ARM) Rates5 yr FHA ARM from 3.5%5 yr Conforming ARM from 3.5%5 yr Jumbo ARM from 3.5%30 yr fixed rate mortgage below $417,0004.375% 1.875 points
4.5% 1.5 points
4.625% 1 point
4.75% .5 points
4.875% … (0 comments)

fha rates: 4.5% mortgage rates! Maryland, Virginia, Washington DC. - 09/24/09 03:16 AM
Today's mortgage rates Maryland, Virginia, DC  Updated 11 am 9/24/09Work with a LOCAL morgtage lender that values your business. Choice Finance has been serving the DC metro area for 14 years. We are large enough to offer everything a national lender can, but small enough to care. We value your business and the business that you will refer to us.
FHA JUMBO STREAMLINE SPECIAL 5/1 ARM 4.25% No Points or 4.5% NO COST! Contact Josh Burley today 301.881.8900 x125 visit www.joshburley.net for more detailsAll rates listed below are BASE rates on a 30 day lock. Factors such as credit score, … (0 comments)

fha rates: How much is title insurance? How much is recordation tax? and other closing cost FAQ's - 09/21/09 06:22 AM
How do I get low closing cost? What is title insurance? How much is Recordation tax?When choosing your lender, you need to look for more than just the lowest interest rate. The cost to attain a particular rate is of equal importance. A while back I wrote an article about how to identify junk fees and eliminate them. Now I want to address the rest of your Good Faith Estimate. These items will include Attorney's fees, title insurance and all applicable taxes; such as recordation tax and transfer tax and prepaid expenses (escrows).I cannot stress more that YOU can determine these … (0 comments)

fha rates: Today's mortgage rates: FHA , VA, Conforming and Jumbo from 3.5% - 09/17/09 05:16 AM
Visit www.joshburley.net for more details
All rates listed below are BASE rates on a 30 day lock. Factors such as credit score, loan to value, occupancy, cash out, loan purpose, property state and lock period can change these rates for better or for worse. Please contact me today for a custom rate quote.Please call for 10,15,20,25 and 40 year quotes. We also offer ARMS, Interest Only and Super Jumbo mortgages up to $2 millionAdjustable Rate Mortgage (ARM) Rates5 yr FHA ARM from 3.75%5 yr Conforming ARM from 3.5%5 yr Jumbo ARM from 4%30 yr fixed rate mortgage below $417,0004.5% mortgage 2.375 … (0 comments)

fha rates: NOW is the time to streamline your FHA mortgage! - 09/16/09 07:24 AM
We just experienced a huge mortgage rate rally! We have returned to levels unseen since May. Remember the ship that you missed? it just came back into port! Do not miss it again. This is a great time to take advantage of an FHA streamline refinance. What do you need to qualify?
A CURRENT FHA mortgage with no 30 day late payments in the past 24 months A 620 credit score (go to www.choicefinance.net/apply to receive a FREE credit report) THAT IS IT! NO income required , NO appraisal require , NO Assets required.
If you have an FHA loan, call me … (0 comments)

fha rates: FHA JUMBO streamlines 4.5% NO COST- WOW! - 08/26/09 07:12 AM
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 home, this was necessary due to the decline in values. In the 17 months since the limits have been raised, the economy has further deteriorated and jobs have been lost making these high payments increasingly hard to handle. FHA mortgage holders then inquired about streamline refinancing, but many … (0 comments)

 
Choice Finance® (Choice Finance Corporation)

Choice Finance®

Rockville, MD

More about me…

Choice Finance Corporation

Address: Rockville, MD

Office: (301) 881-8900

Answers to the most popular questions for those looking to purchase or refinance.


Links

Archives

RSS 2.0 Feed for this blog