lake norman home mortgages: HomePath® Mortgage Financing drom Gabe Libutti at Dover Mortgage Company! - 05/26/10 04:25 AM
Homepath Mortgage Financing at its finest!
 
Program Highlights include:
 
•1)      Up to 97% LTV for primary residences.
•2)      Up to 90% LTV for second homes and investment properties.
•3)      660 minimum fico.
•4)      No appraisal needed....the contract sales price is used.
•5)      No mortgage insurance required, regardless of the LTV.
•6)      15, 20 and 30 year fixed products as well as 3, 5, 7, and 10 yr Arms. The interest only feature will not be available at this time.
•7)      Secondary financing is allowed.
•8)      Properties must be designated as eligible for HomePath financing by Fannie Mae on the … (0 comments)

lake norman home mortgages: Still Closing FHA Purchases in less than 3 weeks! Gabe Libutti from Dover Mortgage Company! - 05/25/10 08:00 AM
Treasury rates' 'amazing' slide continues
NEW YORK (CNNMoney.com) -- Treasury prices rallied Tuesday and yields touched recent lows as confidence in the global economy sank and investors flocked to the safety of the bond market.
The overall fear in the marketplace has fueled Treasury prices and significantly pressured yields over the past month. While the 10-year yield was about 4% a month ago, it is now hovering near 3%, signaling a plunge in risk appetite.Treasurys are viewed as low-risk investments since they are backed by the U.S. government, and are therefore particularly attractive during times of economic uncertainty.
"It really is … (0 comments)

lake norman home mortgages: Dont look a gift horse in the mouth! Any offer from a qualified buyer is a good offer! - 05/06/10 08:49 AM
A transfer in 2005 landed Air Force major Richard Hallbeck, his wife, and two kids in Southern California smack in the middle of the real estate bubble. Home prices in the area had doubled in the past five years and were still climbing. So the Hallbecks swallowed hard and bought an $845,000 four-bedroom in a suburb of Long Beach.
The $3,800 monthly payment was high but affordable on two incomes. (Laurie, now 37, worked as a claims adjuster.) And they figured the market was so strong that when they had to move again, they'd at least break even. "Our house actually … (0 comments)

lake norman home mortgages: USDA 100% Financing Nationwide from Gabriel Libutti! - 02/05/10 02:57 AM
Are you looking to purchase a home in a rural community, but wondering where to begin looking for help with a home mortgage? Good news! The U.S. Dept. of Agriculture (USDA) has developed a home loan guaranty program that can help you find a lender and obtain a home loan mortgage. The USDA Rural Development program offers partnered lenders a guaranty on loans provided to qualified borrowers for housing in rural communities. With the help of this program, you can be living in a home with little or no money down!
A USDA Rural Development home loan offers qualified borrowers a … (1 comments)

lake norman home mortgages: 96.5% ltv Construction Lending Nationwide with 620 Credit Score! - 11/03/09 04:48 AM
Home renovations on sale Materials costs are plunging, and contractors are begging for work. Suddenly that long-postponed remodel is looking like a smart idea. (Money Magazine) -- If you're struggling to see a silver lining in the beaten-down real estate market, consider this one: It may be a rotten moment to sell your house, but if you've postponed a much needed renovation project on your home - replacing a rotting deck, repairing a leaky roof or updating an antiquated bathroom - now just might be the best time in years to tackle that task. The reason: Costs are starting to drop … (3 comments)

lake norman home mortgages: 96.5% ltv Construction Lending Nationwide with 620 Credit Score! - 10/28/09 06:23 AM
Surprise drop in new home sales Sales of newly constructed homes fell 3.6% in September, after five months of gains, according to a government report. NEW YORK (CNNMoney.com) -- Sales of newly built homes fell unexpectedly in September after rising for five straight months, according to government figures released Wednesday. The Commerce Department said new home sales fell 3.6% to a seasonally-adjusted annual rate of 402,000 last month, from a downwardly revised rate of 417,000 in August. It was the first time new home sales declined since March. Economists surveyed by Briefing.com had expected September new home sales to rise to … (0 comments)

lake norman home mortgages: 96.5% Construction to Perm-203 K Alternative from Gabriel Libutti and American Home Bank - 10/28/09 06:11 AM
Foreclosures: 'Worst three months of all time' Despite signs of broader economic recovery, number of foreclosure filings hit a record high in the third quarter - a sign the plague is still spreading. NEW YORK (CNNMoney.com) -- Despite concerted government-led and lender-supported efforts to prevent foreclosures, the number of filings hit a record high in the third quarter, according to a report issued Thursday. "They were the worst three months of all time," said Rick Sharga, spokesman for RealtyTrac, an online marketer of foreclosed homes. During that time, 937,840 homes received a foreclosure letter -- whether a default notice, auction notice … (0 comments)

lake norman home mortgages: Mortgage Rates at Historical Lows! Gabriel Libutti from American Home Bank! - 10/13/09 05:39 AM
Mortgages under 5% are back in bloom With one of the key measures below the benchmark for the second week in a row, would-be home buyers face the best rates since the spring. NEW YORK (CNNMoney.com) -- The possibility of securing a mortgage rate below 5% has greatly improved in recent weeks, in a positive sign for would-be home buyers. Home mortgage rates fell for the sixth straight week, according to two key measures, with one of them pointing to a sub-5% rate for the 30-year fixed loan for the second week in a row. Freddie Mac's (FRE, Fortune 500) weekly … (0 comments)

lake norman home mortgages: Renovation Loans Nationwide! Sell those scratch and dent properties with this amazing product! - 10/02/09 12:25 AM
Home sales contracts in 7-month rally Realtors' index rises 6.4% in August for 7th straight gain as tax credit deadline boosts activity. Homebuyers signed more sales contracts in August than in any month this year, boosted by the looming expiration of a homebuyers' tax credit, according to an industry report released Thursday. The August Pending Home Sales Index from the National Association of Realtors (NAR) surged 6.4%, the seventh straight month-over-month improvement in the indicator. The increase far exceeded economists' expectations -- a panel of analysts surveyed by Briefing.com had forecast a 1% rise. Pending home sales rose 3.2% in July. … (0 comments)

lake norman home mortgages: FHA Construction Loans with a 620 credit score up to a 96.5% LTV! Exclusively from Gabriel Libutti at American Home Bank! - 10/02/09 12:20 AM
Manhattan home prices flattening After substantial drops over the past year, Big Apple prices stabilized during the third quarter. NEW YORK (CNNMoney.com) -- The cost of entry onto crowded Manhattan island, one of the most expensive real estate markets in the nation, may have gotten a little steeper in the past three months. Or not. Reports released Friday by four of the city's biggest real estate agencies showed very different results. By one calculation, the median price of a home rose 1.7% to $850,000 in the past three months; but another expert said it declined by 1.8% to $791,000. Jonathan Miller … (0 comments)

lake norman home mortgages: Renovation Loans up to 95% Nationwide! By Gabriel Libutti at American Home Bank! - 10/01/09 09:21 AM
Home sales contracts in 7-month rally Realtors' index rises 6.4% in August for 7th straight gain as tax credit deadline boosts activity. NEW YORK (CNNMoney.com) -- Homebuyers signed more sales contracts in August than in any month this year, boosted by the looming expiration of a homebuyers' tax credit, according to an industry report released Thursday. The August Pending Home Sales Index from the National Association of Realtors (NAR) surged 6.4%, the seventh straight month-over-month improvement in the indicator. The increase far exceeded economists' expectations -- a panel of analysts surveyed by Briefing.com had forecast a 1% rise. Pending home sales … (0 comments)

lake norman home mortgages: Construction and Renovation Lending at its Finest! 96.5% with a 620 Credit Score! - 10/01/09 09:14 AM
Foreclosure blight: The cleanup crawls along Washington put up billions to save blighted areas by buying abandoned homes. But states and cities are having trouble getting properties away from banks. The city of Orlando is one of many localities struggling to rehab homes. Lured back to prime neighborhoods Thanks to sinking home prices, these 5 homebuyers were able to score deals in areas they couldn't previously afford. View photos Quick Vote When will you know that an economic recovery is underway? When the Dow tops 10,000When GDP turns positiveWhen job growth resumesIt's already started or View results NEW YORK (CNNMoney.com) -- … (0 comments)

lake norman home mortgages: 96.5% LTV Construction to Perm FHA Loan Nationwide! Exclusively from Gabriel Libutti! - 10/01/09 09:08 AM
Home prices gain for 3rd straight month Case-Shiller index shows 1.6% gain in July, a sign that recovery may be in motion. Climbing in July Price trends improved for all 20 cities in the S&P/Case-Shiller Home Price index. City Year-over-year change Change from June Minneapolis -17.3% 4.6% San Francisco -17.9% 3.3% Chicago -14.2% 2.7% San Diego -12.3% 2.5% Atlanta -11.8% 2.3% Washington, D.C. -9.8% 1.8% Los Angeles -14.9% 1.8% Phoenix -28.5% 1.8% Cleveland -1.3% 1.5% Denver -2.9% 1.5% Tampa -18.4% 1.4% Miami -21.2% 1.3% Dallas -1.2% 1.2% Boston -4.9% 1.2% Portland -13.9% 1.1% Detroit -24.6% 1.1% New York -10.3% 0.8% Charlotte … (0 comments)

lake norman home mortgages: 96.5% LTV Construction to Perm Loan Nationwide! Exclusively offered by Gabriel Libutti! - 10/01/09 08:00 AM
Home prices gain for 3rd straight month Case-Shiller index shows 1.6% gain in July, a sign that recovery may be in motion. Climbing in July Price trends improved for all 20 cities in the S&P/Case-Shiller Home Price index. City Year-over-year change Change from June Minneapolis -17.3% 4.6% San Francisco -17.9% 3.3% Chicago -14.2% 2.7% San Diego -12.3% 2.5% Atlanta -11.8% 2.3% Washington, D.C. -9.8% 1.8% Los Angeles -14.9% 1.8% Phoenix -28.5% 1.8% Cleveland -1.3% 1.5% Denver -2.9% 1.5% Tampa -18.4% 1.4% Miami -21.2% 1.3% Dallas -1.2% 1.2% Boston -4.9% 1.2% Portland -13.9% 1.1% Detroit -24.6% 1.1% New York -10.3% 0.8% Charlotte … (0 comments)

lake norman home mortgages: 96.5% LTV Construction to Perm Loan Nationwide! Exclusively offered by Gabriel Libutti! - 10/01/09 07:59 AM
Home prices gain for 3rd straight month Case-Shiller index shows 1.6% gain in July, a sign that recovery may be in motion. Climbing in July Price trends improved for all 20 cities in the S&P/Case-Shiller Home Price index. City Year-over-year change Change from June Minneapolis -17.3% 4.6% San Francisco -17.9% 3.3% Chicago -14.2% 2.7% San Diego -12.3% 2.5% Atlanta -11.8% 2.3% Washington, D.C. -9.8% 1.8% Los Angeles -14.9% 1.8% Phoenix -28.5% 1.8% Cleveland -1.3% 1.5% Denver -2.9% 1.5% Tampa -18.4% 1.4% Miami -21.2% 1.3% Dallas -1.2% 1.2% Boston -4.9% 1.2% Portland -13.9% 1.1% Detroit -24.6% 1.1% New York -10.3% 0.8% Charlotte … (0 comments)

lake norman home mortgages: 96.5% LTV Construction to Perm Loan Nationwide! Exclusively offered by Gabriel Libutti! - 10/01/09 07:54 AM
Home prices gain for 3rd straight month Case-Shiller index shows 1.6% gain in July, a sign that recovery may be in motion. Climbing in July Price trends improved for all 20 cities in the S&P/Case-Shiller Home Price index. City Year-over-year change Change from June Minneapolis -17.3% 4.6% San Francisco -17.9% 3.3% Chicago -14.2% 2.7% San Diego -12.3% 2.5% Atlanta -11.8% 2.3% Washington, D.C. -9.8% 1.8% Los Angeles -14.9% 1.8% Phoenix -28.5% 1.8% Cleveland -1.3% 1.5% Denver -2.9% 1.5% Tampa -18.4% 1.4% Miami -21.2% 1.3% Dallas -1.2% 1.2% Boston -4.9% 1.2% Portland -13.9% 1.1% Detroit -24.6% 1.1% New York -10.3% 0.8% Charlotte … (0 comments)

lake norman home mortgages: 96.5% Construction to Perm loans with a 620 Credit Score from gabriel libutti - 09/28/09 03:33 AM
Homes: Sell at a loss, buy at a discount Jennifer Galdes wants to buy a home in a better neighborhood, but is now the right time? The month Jennifer Galdes moved into her condo in the Albany Park section of Chicago, the local paper suggested that the area was up and coming. Six years later, she's still waiting for a Whole Foods. Galdes, a self-employed publicist, longs to trade up to a similar-size (2,000-square-foot) apartment in a tonier neighborhood. With area condo prices down 16% since their peak, according to S&P/Case-Shiller, she sees her chance. The catch: She'll have to unload … (3 comments)

lake norman home mortgages: Subaru River Jam Concert Series at the US National Whitewater Center going on now! - 09/27/09 12:57 AM
The Subaru River Jam Concert Series at the U.S. National Whitewater Center features some of the best live music in Charlotte along with great food and drinks and the beautiful Whitewater Center as its backdrop. Here is this summer's band schedule. AllSport Passes. Now you can buy one Pass, and play all day!
Be sure to visit the U.S. National Whitewater Center's website for a complete list of events at the Whitewater Center.
Our goal is to make it easy to get the most out of your visit... that's why we've introduced the new
Our staff is here to help - … (1 comments)

lake norman home mortgages: Freedom in the Park today. Dont let the rain spoil the fun! - 09/26/09 04:25 AM
Don't Forget Festival In The Park, Freedom Park...This Weekend!

Since 1964, Festival in the Park has been bringing good music, good art and good times to Charlotteans and visitors from around the world. The sounds of "big band music" drift across Freedom Park's lake whose still surface reflects the lights strung from Camelot exhibit tents.  

The scents of a variety of food fill the air, as small children with painted faces happily produce their first art work. Others find the many talented artists who can create an original work of art to grace their home or to give as the … (1 comments)

lake norman home mortgages: Blues, Brews and Burritos, Downtown Mooresville NC tonight! - 09/25/09 01:02 AM
Finally This Friday...Rain, Rain, Hold Off For This Great Event!!! The Ninth Annual Blues & Burritos will be held on Sept. 25TH. The event is hosted by the law firm of Homesley, Goodman & Wingo, PLLC and takes place on the front lawn of the firm's office in the historic Isaac Harris House at 330 S. Main St., Mooresville. Max Drake and Pat "Mother Blues" Cohen will be special guest performers joining the Part Time Blues Band. Main Street will be closed in front of the office to provide more room for the event. All costs associated with the event are … (1 comments)