credit: Good News For Home Buyers in Grand Rapids, Michigan. - 04/20/10 05:31 AM
Going forward, borrowers who previously experienced a deed-in-lieu of foreclosure won't have to wait as long to get approved for a subsequent mortgage.
Last week, mortgage financier Fannie Mae changed its required waiting period (the amount of time that must elapse after a pre-foreclosure event) to reflect current market conditions.
In the past, borrowers had to wait four years after a deed-in-lieu of foreclosure to get approved for a mortgage with Fannie Mae.
That time period has been slashed to just two years, though the maximum loan-to-value is limited to 80 percent. After four years, the maximum LTV climbs to 90 … (0 comments)

credit: 5 Musts When Making A Home Buying Decision in The Grand Rapids, MI Area - 04/09/10 03:13 AM

For Potential Home Buyers in Grand Rapids, MI. There are 5 Important Factors to Consider. 
Purchasing a new home is an extremely exciting time in people's lives.  It is the single largest investment most will ever make.  It is a memory making spot for families and holds many treasures inside it.  It is not a decision to be taken lightly so take note of the following:
Location- Growing up in a family Real Estate business I was taught that it was LOCATION LOCATION LOCATION that was the the most important piece of the purchasing puzzle.  Value often equates to location. Housing Market- Is it a … (0 comments)

credit: How Will Rising Intrest Rates Effect Your Buying Power In Our Local Grand Rapids, MI. Real Estate Market?? - 04/08/10 05:08 AM

Rising Intrest rates = Higher Mortgage payments for Home Buyers in Grand Rapids, MI.
How Do Rising Interest Rates Affect Affordability?
As responsible Lenders it is up to those of us who care deeply about our clientele to help them understand how qualifying REALLY works.  It is not accurate when a Home Buyer is told they qualify for a particular purchase amount.
When we pre-approve a borrower we do so by qualifying them on a certain payment, not purchase amount.  There are a number of variables that can effect that payment amount...Taxes, Insurance, and Interest Rates being the main three!

credit: Free Home Buyer Seminar in Grand Rapids, Mi. April 14th, 2010 - 04/07/10 09:46 PM
Home buyer seminar in Grand Rapids, MI
Buying a home can be one of the more exciting and rewarding events in your life. Whether you are a first time home buyer or looking to relocate to a different home, let us help you reach your home ownership goals. Join us for this informative home buyer seminar, brought to you by Gold Star Mortgage Financial Group in Grand Rapids, MI! This home buyer seminar is not only a great opportunity for those looking to purchase their first home, but those looking to move or refinance their current home. 
Topics at this … (1 comments)

credit: Foreclosure's Not A Bad Word After All In Grand Rapids, Michigan!! - 04/05/10 09:29 AM

Not if you are in the market for a new home in or around Grand Rapids, Michigan!!  I am not making light of another's misfortune in any way.  The recent rash of Foreclosures in Grand Rapids has created an opportunity, especially for those just starting out, and looking to purchase their first home.
The Department of Housing and Urban Development (HUD) wants you to know about these homes.  They would like nothing more than to have you buy one (and remove that home from their inventory.)
You can view these listings at sites like where Gold Star Mortgage Financial … (0 comments)

credit: Just The Facts~The Credit Facts That Is~Part 3 - 03/22/10 02:07 AM

Are you purchasing an Automobile, Buying a home? Refinancing?   Is your FICO score preventing you from moving forward, applying for, or qualifying for a loan? 
 Are you burdened by credit card or old student loan debt? 
 Many home buyers believe they will never enjoy the best mortgage rates , and often feel as though their real estate resources are exhausted. 
 If you can identify with the millions of potential home buyers in America who feel they cannot get the home of their dreams, you can identify with our clients, and we can identify with you.
We … (0 comments)

credit: Just The Facts~Credit Facts That Is~Part 2 - 03/12/10 05:51 AM

It is widely held that the impact of credit is an issue that affects EVERYONE.  Think for a moment of the power it has over today's Home Buyers. 
 Clearly, good credit in the 21st century, is going to continue to be a critical issue for those wishing to purchase Real Estate
If your score is less than 720, it is possible you have negative information reporting on your credit.  If that is the case, in steps Gold Star Credit Repair. 
 At Gold Star Mortgage Financial Group of Grand Rapids, MI. we are proud to offer this in house credit service … (2 comments)

Jennifer Tabor Storre, FHA and VA Home Loans, 0 Down Financing, Jumbo Loans (FHA and VA Home Loans, Jumbo Loans, 0 Down Loans) Rainmaker large

Jennifer Tabor Storre

FHA and VA Home Loans, 0 Down Financing, Jumbo Loans

Grand Rapids, MI

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FHA and VA Home Loans, Jumbo Loans, 0 Down Loans

Address: East Grand Rapids, Ada, Forest Hills, Cascade, Caledonia, Rockford, Grandville, Hudsonville, Ann Arbor , Grand Rapids, MI, 49506

Office: (616) 458-4500

Mobile: (616) 437-9268

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