ARCHIVED BLOG POSTS
2011
1
Comments
The City of Cudahy is hosting a city wide Cudahy Open House Sunday Afternoon May 1st Cudahy Wisconsin. Click Here for the open house list Most of the homes will be open from 12-4 pm but not all. If you have questions about getting pre approved or mortgage lending questions in general lenders wil...
04/30/2011
Mortgage lending is viewed by many as a commodity like buying a gallon of milk. There are many horror stories out there that too many customers know all too well that all mortgage lenders are not created equal. This does not mean someone needs to be local to provide good service but when shoppi...
04/27/2011
Fannie Mae will offer a 3.5% closing cost assistance for new home purchases on HomePath properties that close by June 30, 2011. Learn more about the program at www.homepath.com or contact me, Mark Nehs, at 262-347-2953.Program Eligibility and Requirements: Buyers and/or selling agents (the agent ...
04/26/2011
4
Comments
The FHA 203k loan allows you to get the money for the home improvements all in one loan as a purchase or a refinance. FHA 203k loans are unique and have many misunderstandings about them. I will be explaining the basics of the FHA streamline 203k limited repair program. To qualify for the loan...
04/23/2011
4
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We have announced some expansions to our Jumbo product. Jumbo loans generally speaking are loans over $417,000 and usually have different restrictions and pricing. We have expanded our Portfolio Jumbo Product: Lower FICO scores now permitted Include loan to values up to 80% for up to $1 million ...
04/21/2011
5
Comments
This question was posted in Zillow Q&A and has generated a lot of response. I do think it is acceptable and wise for a Realtor to encourage (evenly strongly encourage) a buyer to use a lender they are comfortable using. The responses have been all over from illegal kickbacks to I won't work with...
04/09/2011
If the Federal Government shuts down over the budget this could force HUD and the FHA program to stop as well. This is not what would be needed for a housing recovery because FHA loans are a majority of the mortgage loans right now. The general consensus is that a few day shut down would probabl...
04/07/2011
3
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Rates continue to edge up (however still very low), FHA mortgage insurance premiums are going up this month, home prices remain low, and these are just a few reasons to buy a home now. Should you buy if you are not ready? No!! But if you are ready it is time to find your new home. Spring is her...
04/06/2011
3
Comments
Right or wrong we lenders base on a lot of things on your credit score. We may deny your loan We may charge you more We may require you to have a larger down payment We may require you to have more money in reserves I know most everyone knows you want a high credit score but I had 2 customers in ...
04/04/2011
3
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As the weather warms up here in Wisconsin so will the real estate market. Right now, I have countless buyers that are pre approved and working with their Realtor's to find a home. The pure quantity of buyers has me encouraged that 2011 will be a good year. The 2011 buyer is still cautious and ...
04/04/2011
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Learn all about Mortgage lending from a 20 year veteran of the mortgage business in Wisconsin. FHA, VA, Rural development, conventional, 80/10, and more. All types of mortgage loans for Wisconsin consumers looking to purchase or refinance.
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