seattle: AGENT MARKETING PROGRAM - 04/03/12 04:48 AM
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seattle: FHA Mortgage Insurance Increase - 03/05/12 04:00 AM
FHA Mortgage Insurance will increase for all case numbers assigned on or after April 1st, 2012.
Upfront premiums (UFMIP) will increase by .75 percent to a total of 1.75 percent.
Annual mortgage insurance premiums (MIP) "monthly" will increase by .10 percent, to a total of 1.20-1.25 percent depending on the LTV, for loans amounts up to $625,000.00, and by .35 percent for loan amounts above $625,000.00.
Make sure your borrowers are still pre approved at these higher premiums, and avoid any last minute surprises.
Call me today and I can get your case numbers assigned before the increase takes effect.
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seattle: Underwater Mortgage Refinance - 10/24/11 11:48 AM
Today, President Obama announced some changes to the current Home Affordable Refinance Program or HARP. The goal is to allow more of the 10 million homeowners that are currently underwater to refinance at todays low rates. The current program will not allow you to refinance if your mortgage balance is currently 25% higher than what the home is worth. Under the new program those barriers will be lifted, which will help a lot more people, especially those who live in areas like Las Vegas, where the value has dropped more than 50%. Also, there will be less fees, which can often defeat the purpose … (2 comments)

 
Isaac Weller, MLO 204076 (Alpine Mortgage Planning )

Isaac Weller

MLO 204076

Federal Way, WA

More about me…

Alpine Mortgage Planning



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