When you find the right home to buy, you make an offer, put down a deposit once your offer is accepted and you sign a sales contract. Then you move on to inspections and financing. Pretty straightforward. But what if something goes wrong during the closing process? What if you are not able to qualify for financing after all? What if you can’t sell your home before buying this new one? What if major repairs are uncovered in the inspections? Thankfully, all these issues can be covered by contingency clauses. What is a Contingency?A contingency is a condition that must be met … (0 comments)
ct mortgages: Mortgage Rates Are Down - Lock In Now for up to 9 Months and Shop
- 12/09/18 06:47 AM
Mortgage Interest Rates Have dipped some this past week to a 2 month low. Now what? Do you need to scramble to find a house and lock your rate? The answer is NO!.... Slow down and don't force a purchase just to secure the dropped mortgage rate. LOCK IN YOUR RATE NOW and Shop. Protect yourself from rising interest rates! With our Extended Rate Lock Program you can LOCK & SHOP Up to 5 Months..... ( NOTE: we also have a program that will allow up to a 9 month lock- contact me for complete details) So … (1 comments)
You can now buy a HUD home in Connecticut with $100 down payment and finance it using FHA Home Loan Program. This is a limited time incentive program from HUD. Here are some of the key things you should know about Buying a Connecticut HUD HOME FOR $100 Down Payment: Home buyer will be owner occupants (investors are not qualified for this HUD incentive program) Home buyer must offer the full asking price for the home, Home buyer must use FHA financing (renovation loan) for the purchase of … (0 comments)
ct mortgages: CONNECTICUT HOME BUYERS GET PRE-APPROVED NOW
- 05/06/18 03:47 PM
If you are looking to buy a house in Connecticut contact me for a Full Pre-approval. This is a FULL PRE-APPROVAL! Contact me for more information www.LeoLends.com 203-525-3672 … (2 comments)
ct mortgages: 5 HOME SELLER TIPS
- 04/18/18 05:25 AM
If you are looking to sell a home in Florda or Connecticut Contact me for a referral to a Local REAL ESTATE PROFESSIONAL. The #1 TIP for selling a home is hiring the Right Realtor! I work with some of the best Realtors , don't take chances with an amatuer or someone less than the best to sell the largest investment you have. Contact me 904-712-1500 or 203-525-3672 Need a home mortgage? www.CheckHomeLoans.com
ct mortgages: Mortgage Rates in Connecticut Drop to Historic Lows |CT Mortgage Rates
- 07/19/12 07:44 AM
Connecticut Mortgage Rates Drop to historic lows! Now is the time for Purchasing or refinancing a home in CT. Mortgage interest rates are at historic lows, and it is highly unlikely they will ever go lower. Refinance now and reduce your monthly payment as well as the total amount of interest you will pay over the lifetime of your loan. All the money you save goes into your pocket! One thing is for certain - rates will soon begin to rise. So don't delay! Give me a call today! 203-525-3672 Cell.
Leo Namiot Mortgage Lender NMLS# 89769 www.LeoLends.com
If you're not behind on your mortgage payments but have been unable to get traditional refinancing because the value of your home has declined, you may be eligible to refinance through Home Affordable Refinance Program (HARP). HARP is designed to help you get a new, more affordable, more stable mortgage Visit me @ http://benchmarkct.com/page.php?id=21 or call me direct 1-866-334-5626 Toll FREE in CT Connecticut Mortgage Specialist Leo NamiotNMLS# 89769Harp 2.0 , FHA and VA low … (0 comments)
ct mortgages: Mortgage Rates Continue to stay low! - Connecticut Mortgage Rates
- 07/12/12 07:41 AM
This week’s Primary Mortgage Market Survey from Freddie Mac showed that mortgage rates once again plunged into record territory. The average rate on a 30 year mortgage fell from 3.62% to 3.56% this week. 15-year fixed mortgages fell 3 basis points to 2.86% on average, while the 5/1 ARM dropped 5 basis points to 2.74%. 1-year ARMs actually ticked up by a basis point to 2.69%. If you have not yet taken advanatge of these super low mortgage rates now is your window of opportunity. Rates won't stay low forever. If you are thinking of purchasing a home this is the … (0 comments)
ct mortgages: Connecticut First Time Home Buyers - Do's and Don't Tips List
- 06/13/12 11:36 AM
Getting a new mortgage for a First-Time Home Buyer can be a little overwhelming with all of the important details, guidelines and potential speed bumps. Since there are so many rules and steps to follow, here is a simple list of Do’s and Don’ts to keep in mind throughout the mortgage approval process: DO: Continue working at your current job Stay current on all your accounts Keep making your rent payments on time Continue to maintain your credit as usual - no late payments DON’T: Make any major purchases (Car, Boat, etc.) Apply for new credit Open new credit cards Transfer any balances … (0 comments)
ct mortgages: FHA may ease rules for mortgages on condos - Great news
- 05/17/12 09:57 PM
WASHINGTON — Thousands of condo unit owners and buyers around the country could soon be in line for some welcome news on mortgage financing: Though officials are mum on specifics, the Federal Housing Administration is readying changes to its controversial condominium rules that have rendered large numbers of units ineligible for low down-payment insured mortgages. The revisions could remove at least some of the obstacles that have dissuaded condominium homeowner association boards from seeking FHA approvals or recertifications of their buildings for FHA loans during the past 18 months. Under the agency's regulations, individual condo units in a building cannot be sold to … (1 comments)
This is a great No Money Down Mortgage with great rates. Contact me for more details or to get your client(s) pre-approved 203-525-3572 Cell www.LeoLends.com
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ct mortgages: New Lower UFMIP for some FHA Borrowers - Do you have an FHA loan?
- 05/16/12 07:26 AM
June 11, 2012 is the date FHA Up Front Mortgage Insurance Premiums (UFMIP) will be lowered for some borrowers applying for FHA Streamline Refinance Loans. An FHA Mortgagee Letter 12-4 explains the changes, which affect some--but not all--FHA streamline refinancing loans:“For all S(ingle) F(amily) Forward Streamline Refinance transactions that are refinancing existing FHA loans that were endorsed on or before May 31, 2009, the UFMIP will decrease from 1 percent to 0.01 percent of the base loan amount. ”Basically, those borrowers who have an FHA home loan for a single-family property that was endorsed on or before May 31, 2009 are eligible for … (0 comments)
ct mortgages: Connecticut Home Mortgages - 3% Down, Bank Paid Costs, No MI, No Appraisal
- 10/17/11 03:51 PM
Are you looking to buy a great home in Connecticut? Contact me and I will connect you with a Qualified Real Estate Agent to help you find the perfect home with only 3% Down Payment - Bank Paid Closing Costs, No Appraisal, No Mortgage Insurance!
It's true....There are hundreds of homes that qualify, let me put you in touch with a Realtor that can show you these deals! Contact me today www.LeoLends.com or call me toll free in CT 1-866-334-LOAN (5626) … (0 comments)
ct mortgages: Connecticut First Time Home Buyers - This is the perfect storm!
- 10/17/11 03:43 PM
Connecticut First Time Home Buyers, now is the perfect storm, Super Low Mortgage Rates and Great Deals on houses for sale! If you are thinking of buying a home what are you waiting for?? With 30 year mortgage rates around 4.0% or even less your buying power is better than ever, houses are a deal now with anxious sellers, bank short sales and forecloseres. I know that people hear that house prices may get lower but will mortgage rates? And who really knows if that is true or not. Most home buyers are NOT buying a home to live in it … (0 comments)
This is a great gift for post closing at over 50% off the retail cost, I am going to buy 10-15 of these and use them all year. go to www.buckyourself.com and get the details or to buy. … (0 comments)
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