Darren Stewart's (darrenstewart) Blog

Services for Real Estate Pros - Mortgage Investment Services Corporation



We have been told that MHDC has targeted the end of April as the next time for release of more funds for Bond Money for first time home buyers, the last issue in February ran out approximately second week of March.  With 100% programs being eliminated the demand for bond funds is high for first t...
I have received word that Missouri Housing is targeting the end of April for the next release of bond money to first time home buyers, we expect the demand for this program to increase significantly since the landscape of 100% programs that were once available have changed. Remember under this pr...
The first issue of bond money for the state of Missouri has been utilized, they now are taking applications and clients are going on waiting lists for the next issue, target areas still  have the opportunity to utilize the program. I will post here when I find out the when the next issue will be ...
There have been some major changes announced that are taking effect almost immediately, basically this stems from changes involving every Mortgage Insurance Company announcing that they will no longer insure loans up to 100%.  The maximum loan that a client can have is now 97% and have mortgage i...
Thanks for your patience this weekend, our servers are all working and we are back online. We will be testing systems on Sunday so that we are fully functional by 7:30 Monday morning, we have a great building, a great team and a great environment, If you have any questions on what we can do for y...
I wanted to let everyone know that this Friday March 14, 2008 at 4pm our server will go off line for the weekend it will be temporary while the technology is transferred to our new building located at 1020 E Battlefield Springfield Mo 65807.  We are going to assume that our faxes and email may be...
Lately many of you may have seen the demand in FHA Loan requests or the requests for FHA financing begin to increase. Many of you with listings will start hearing the question can this house be financed FHA?  I wanted to take a moment and give some reasons why you will be seeing a resurgence in t...
Thanks to all of you who helped make February a record breaking month for us on the OakStar Team, we were able to beat our highest month of closings and thank you for the continued business, I am unbelievably blessed to have a network of people that really work well together and send each other b...

Darren Stewart

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