Philadelphia Area Mortgage Blog

Mortgage and Lending - Above All Financial Services -Pennsylvania Mortgage Broker
This information on the $8000 Tax Credit for First Time Buyers was originally posted on my mortgage information blog.  I know the tax credit is generating a lot of inquiries so I am reposting the information here. This is a great incentive for those who may be looking to buy, but are still on the...
Many homeowners today are finding themselves in a situation where they can no longer afford to pay their mortgage.  Perhaps they lost their job or because of the economy their income has been greatly reduced.  Perhaps they had an adjustable rate mortgage and could no longer afford to make the pay...
By now you are probably well aware of the massive spending stimulus bill that was just signed into law.   You also may have heard that the President also has a plan to help homeowners that cannot afford to pay their mortgage.  Known as The Homeowner Affordability and Stability Plan, the White Hou...
Personally I hate it when everyone in the real estate business talks about how "It's a great time to buy!".  Of course they are going to say that, they are trying to sell you a house or a mortgage loan, or they somehow make their money in Real Estate, what do you expect them to say?   (Donald Tru...
Who likes free stuff???  I know I do!  Well, right now Oprah Winfrey and Suze Orman are offering a free download of the book Suze Orman's 2009 Action plan.  But it is only available until January 15, 2009.  You can get your free copy of the book by clicking here. I like Suze Orman, because she of...
Since, I previously posted on making refinancing your current mortgage a goal for the New Year, I now would like to address why those who are looking to purchase a home should do so in 2009.  First, let's be clear, the real estate market of today is a lot different than it was a few years ago, wh...
It's the New Year again and that means lots of promises and plans to change for the better.  If you are like most Americans you are probably telling yourself that now that 2009 has arrived you will either: lose a few pounds, get back into shape, take up a new hobby, get organized,  take control o...
A few weeks ago I opened my front door to find a new larger recycling bin on my porch with a pamphlet inside introducing the new recycling program in Upper Darby Township.  Ironically, I received the exact same pamphlet in the mail a few days later (so much for wanting to save trees).  However, I...
When shopping for a mortgage loan to purchase or refinance a home, if the loan officer begins the application process asking  "What payment are you comfortable with?", don't walk away...  Run!   Most of us know that the #1 rule of negotiating for a car is to NOT answer the "what can you afford" q...
Real Estate and Mortgage Professionals are usually not too happy when the media chooses to report on the industry, since they feel that the media tends to emphasize the negative news (home prices falling, foreclosures increasing) instead of the more positive news (lower rates, more affordable hou...

Michelle Chamberlain

Suburban Philadelphia Mortgage Broker
Ask me a question
Spam prevention

Additional Information