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Mortgage and Lending - Cambria Mortgage - NMLS 274132
Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use



New FHA Streamline Refinance Rules St Paul, MN:  Home owners with an existing FHA mortgage loan - rejoice. Washington has announced new guidelines to make it cheaper and easier for homeowners to refinance FHA mortgages. The reason is pretty simple – since FHA already backs your mortgage, they’re ...
HARP 2.0 refinance program details in MN and WI. Minneapolis, MN: The much anticipated new version of the HARP Refinance Program (HARP 2) is now in effect, making it one heck of a lot for home owner who have lost value in their homes to refinance their mortgage into today's low mortgage rates. Th...
Who owns my loan? Minneapolis, MN: Until recently, no one really needed to know, and no one really cared who ultimately owns their mortgage loan. Home owners simply receive their monthly statements, and make their monthly payments to their mortgage company or loan servicer. There are many program...
Who said you have to pick a standard mortgage loan term? Design your own mortgage loan. Pick any amortization term you want from 6 to 30 years. A big internet lender likes to call this "The YOURgage", and claims it is "only available from them!" They go as far as to make it sound like they "inven...
Millions of FHA borrowers could save average of $3,000 a year WASHINGTON – Today, Acting Federal Housing (FHA) Commissioner Carol Galante announced significant price cuts to FHA’s Streamline Refinance Program that could benefit millions of borrowers whose mortgages are currently insured by FHA. ...
FHA Streamline Refinance Program in MNRefinance to today's low rate. No appraisal, no closing costs, and even skip a month of mortgage payments - How cool is that?   APPLY for an FHA Streamline Refinance in MN and WI HERE   CLICK THE SOCIAL MEDIA LINKS ABOVE - SPREAD THE WORD    (C) 2012 - Joe Me...

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