Bill McDonald's Blog

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Mortgage and Lending - Van Dyk Mortgage - NMLS:98535,Corp 3035

ARCHIVED BLOG POSTS

2010 

No doubt you’ve heard that mortgage rates are low. They’re lower than they’ve ever been in history. The news is everywhere. Just check out some of these headlines from the last 24 hours: * Mortgage rates set new lows for the sixth straight week (Reuters) * Mortgage rates fall again; 30-year fixed...
07/30/2010
Recent changes in FHA guidelines have reduced the amount of closing costs the seller can pay on behalf of the buyer.  Previously the seller could pay up to 6% of the purchase price towards the closing cost, however that number has been reduced to 3%. This will increase the amount of money the bor...
07/24/2010
USDA still offers their no down payment home loans are available for most areas of the state of Tennessee.  The " RD " is a great loan, in fact it is one of the only loan programs that has remain virtually unchanged through the recent upheavel in the mortgage industry.  The program has relaxed cr...
07/19/2010
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Bill McDonald

VA, USDA, FHA Government Loans - (865) 686-8711
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