new american mortgage: How do FHA loan limits affect Charlotte real estate? - 11/21/11 08:26 AM
I received a quick update on where FHA Loan Limits stand from our local mortgage broker:
 -          Final word could be decided on the extension of the previous loan limits as soon as Thursday
-          The new loan limits for our area fell over 32K
-          The changes could raise the FHA Loan Limits back to $303,750 until 2013
 You can read the whole story here.
 FHA loans are different than Conforming Loans……
 Conforming Loan Update
 Conforming mortgages “conform” to the mortgage underwriting guidelines of Fannie Mae or Fannie Mac.   Mortgages meeting these criteria are securitized on Wall Street as mortgage … (0 comments)

new american mortgage: Whoa, that is a lot of loan changes - 09/28/11 03:16 AM
Have you heard about all the upcoming changes to the lending world? People are asking us everyday about this change or that new regulation so why not hear it from the expert. Thank you to Johnatan Romero with New American Mortgage for shedding some light on these questions.
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With several major changes occurring to FHA and USDA on October 1st,  I’d like to focus on another great loan program with a low down payment and NO PMI!   Fannie Mae's HomePath program is available to purchase qualified foreclosed homes (owned by Fannie Mae) with expanded conventional guidelines, competitive mortgage rates,  and often times … (3 comments)

new american mortgage: Does your Charlotte mortgage company just have the hammer? - 09/16/11 04:10 AM
 The last 2 closings we did had to be saved from one of the big bank mortgage companies by our wonderful team lender. We wanted to them to talk about how they are different just a little today…..
 “When you are a hammer…Everything looks like a Nail!”   
 At New American Mortgage, we are NOT just a hammer!  We have the full Toolkit !!!!!!!! 
 Conventional, VA, FHA 203K, Good Neighbor Next Door, NC Bond, House Charlotte, $100 HUD, Reverse Mortgages, FHA 203K Rehab, 5% down no PMI, 10% down, no PMI, 100% financing, Piggyback Loans  etc!
 Please feel free to … (2 comments)

 
Lisa Ludlow Archer (Live Love Homes-Keller Williams, Charlotte, NC Ballantyne Area )

Lisa Ludlow Archer

Waxhaw, NC

More about me…

Live Love Homes-Keller Williams, Charlotte, NC Ballantyne Area

Address: 3430 Toringdon Way, Suite 101, Charlotte, NC, 28277

Office: 704-327-8386

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