You Can Never Have TMI about PMIWhen it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have Too Much Information (TMI) about Private Mortgage Insurance (PMI).What is Private Mortgage Insurance (PMI)?Freddie Mac defines PMI as: “An insurance policy that protects the lender if you are unable to pay your mortgage. It's a monthly fee, rolled into your mortgage payment, that is required for all conforming, conventional loans that have down payments less than 20%. Once you've built equity of 20% in your home, you can cancel your PMI and remove that expense from your mortgage payment.” As the b... 11/17/2016

Important things first - I truly hope this article provides value and that you are having a great day...  Purchasing power, simply put, is the amount of home you can afford to purchase based upon the budget you have available to spend. As rates increase, the price of the house you can afford will decrease if you plan to stay within a certain monthly housing budget.According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low. The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.The chart below shows what impact rising interest rates would h... 10/18/2016

2 Incredible Secrets To Refinancing Your Green Bay Mortgage Even If You Are Upside Down Are you a homeowner and have not yet taken advantage of the lowest Green Bay mortgage interest rates in history because your home’s value is upside down?  Have you tried to refinance your existing Green Bay Mortgage only to be denied by your bank or any Green Bay Mortgage Company?  Are you one of the over 23% of American Homeowners that owe more on their home than they can sell it for? Hartford Financial has partnered with Fannie Mae, Freddie Mac, and the Department of Housing and Urban Development (HUD) to offer two programs that will allow your family to save $75 to $275 a month regardless of your home’s value. This partnership has ushered in the opportunity for Green Bay Homeowners to be able to t... 05/15/2013

Exciting Green Bay HARP 2 Mortgage Program News! The Federal Housing Finance Agency recently approved an extension of the highly successful HARP 2 program for Green Bay Homeowners.  This will provide a continuation of one of the most successful Green Bay mortgage refinance programs offered by FHFA for an additional 2 years!  Can you answer these questions? Are you a homeowner and have not yet taken advantage of the lowest Green Bay mortgage interest rates in history?   Are you currently upside down in your current Green Bay mortgage?  Do you have good credit with a good recent pay history?   Is your current Green Bay mortgage backed by Fannie Mae or Freddie Mac? If you answered yes to these four questions and your current Green Bay mortgage was purchased by Fannie Mae or Freddie Mac pri... 04/22/2013

Green Bay Mortgage Success Story: Timothy Hartford Financial assists individuals and families purchase homes.  We can close Green Bay home purchases in as little as 21 days. Occasionally it takes a little more time to prepare individuals to position themselves to buy a home.  I started to speak with Timothy about a Green Bay home purchase about two months ago.  We reviewed his credit, income, and organized his documents.  Timothy’s credit did not meet our minimum guidelines.  We met at his place of residence and developed a plan to acquire documents to correct his credit score.  Timothy had several collections he paid off but they were still reporting unpaid.  Timothy also had a debt reporting that was not his. In about 3 weeks we produced all the necessary documents to send to credit r... 03/05/2013

FHA streamline program in Green Bay is also available throughout Brown County! The Green Bay FHA streamline program will allow you to easily lower your Green Bay mortgage interest rate and payment. Interest rates in Green Bay are at Record Lows!   If you have a FHA mortgage in Green Bay, good pay history, and average credit scores, you can start saving $75 to $275 a month!   Our streamlined Green Bay FHA mortgage program does not require an appraisal, does not require equity, requires minimal traditional documentation, has no points, and is not a time consuming loan modification.   Our Green Bay FHA streamline mortgage program requires a 5% minimum savings, allows you to skip one month mortgage payment, and you will receive a refund of your current escrow account.   Do not delay! Green ... 01/31/2013

Green Bay WI Short Sale Help           (Draft) (edit/delete)   Home Sellers should consider a Short Sale when the value of their home is LESS than the amount of their outstanding loans. For example, if your home is worth $250,000 but you have a loan of $260,000 then a short sale is a consideration. If you are behind on your mortgage payments or need to sell your Green Bay WI home and can't sell if for what you owe on it then a short sale may be the answer. Click here for a FREE Consultation. The most important decision after deciding to pursue a short sale is to find a local Green Bay WI Agent that is experienced in handing short sales. Every agent will say they can do a short sale but in reality very few can. This is why so many short sales are unsuccessful. I'm not saying that short s... 01/28/2013

Wisconsin FHA Streamline program available for Green Bay residents in Brown County!   This Wisconsin FHA Streamline program will allow you to easily lower your mortgage interest rate and payment. Mortgage Interest Rates are at record lows!   If you currently have an FHA mortgage you can start saving $75 to $275 a month!   Our Wisconsin FHA Streamline program does not require an appraisal, requires minimal documentation, has little to no fees, and allows you to skip one month mortgage payment.   Do not delay! Brown County residents call me today at 920-623-9242 or email me at fpabon@wi-mortgage.com to start your Wisconsin FHA Streamline refinance process. 12/12/2012

Have you ever noticed how much we get done when there is a deadline?  That isn't to say we are procrastinating, but simply somehow are minds are wired to get it done in crunch time.  Years ago, my ex-wife was even known in her family as a "crisis cleaner", only cleaning the day of a gathering.  Okay, bad example. Even the NFL ref's blowing the call of the Green Bay game has the NFL trying to get negotiations done at the 11th hour (Wisconsin residents should just winter in Arizona where the Cardinals are 3-0).  Still others are shopping at the last minute for Christmas presents some years ....... okay, put me in that category, at least back in my college days when I'm not sure I ever started looking for presents until around the 21st when I came home from school.  Let's face it, unless y... 09/25/2012

Attention Green Bay FHA Loan Homeowners! New FHA Streamline Program is now available!! If you currently have a FHA loan that closed before March 2009 - You may be eligible for a FHA streamline refinance loan that will not require an appraisal. If you think you may be upside down on your mortgage but you make your payments on time you can take advantage of this money saving program and historically low rates.  This FHA program is limited – act quickly. These FHA streamlines also have lower fees and some have no fees at all. This is your time to take advantage of the lowest rates Green Bay Wisconsin residents have seen in a long time.  Do not hesitate, please call my office at 920-623-9245 for a no obligation mortgage analysis.   If we can save your money we will come out to your Green Ba... 06/14/2012

Are you a Green Bay Wisconsin homeowner upside-down on your mortgage?   Do you have good credit and good mortgage payment history? Was your Fannie Mae serviced loan closed prior to 3/31/09?   If you answered yes to all of these questions you may be eligible to reduce your mortgage rate and start saving money.   It is time to take advantage of the new Green Bay Wisconsin HARP2 mortgage program.   Please call me today at 920-623-9245 for a fast money saving analysis. 05/11/2012

Green Bay Wisconsin FHA Loan Limit changes for FY2012: The Green Bay Wisconsin FHA loan limit for the FY2012 will be $271,050. That includes Oconto, Brown, and Kewaunee county parts of the city.  The Green Bay Wisconsin FHA loan limit did not change from FY2011.  I have included a small summary of larger Wisconsin FHA loan limits. Please see below. These are the Wisconsin FHA loan limits:  Amount  Wisconsin County FHA Loan Limit  $410,000 Kenosha County FHA Loan Limit  $365,000 Pierce County FHA Loan Limit  $365,000 St.Croix County FHA Loan Limit  $315,000 Milwaukee County FHA Loan Limit  $315,000 Ozaukee County FHA Loan Limit  $315,000 Washington County FHA Loan Limit  $315,000 Waukesha County FHA Loan Limit  $293,750 Columbia County FHA Loan Limit  $293,750 Dane County FHA Loan Limit... 01/01/2012

Kaley is a recently divorced woman looking for a Green Bay Wisconsin refinance.  Kaley was divorced about 2 months ago and was awarded the home in the divorce settlement provided she pays her husband his share of the equity in the home.  Kaley just wanted to move past the divorce and get this transaction done as quickly as possible.  They had been married for about 15 years and had never refinanced since they purchased the home.  The current interest rate was at 7.5% and had built enough equity to provide the $20,000 to the ex husband.   Kaley’s goals were easy to identify.  She simply wanted to pay off the ex husband with this Green Bay Wisconsin refinance and also attempt to lower her payments because there was only one income at this point.  It was imperative to her to take the forme... 08/01/2011

A trip to Green Bay for a CRS class a couple years ago afforded me an opportunity to track down the building that once belonged to my great grandfather, Phillip Carlier.  It was a first floor grocery store with the family's home on the second floor. This picture from around 1900 shows the store, great grand parents, and their children.  Girls were outside with their parents, and the boys were inside looking through the window over their sister's head.  The store was located less than a mile from the family farm that produced many of the vegetables sold in the store.   I found the building located at the corner of Shawano and Yale across from West High School.  Sometime during the last hundred years, a one story addition was built.  The structure was unoccupied and looked neglected.  I w... 12/11/2010

Throw Yourself Into Life With a Passion If you've ever been to Green Bay, WI, you understand that football fans take the meaning to a whole 'nother level. Infants are wearing the colors, Halloween costumes sport the green and gold, winter wear of choice is a Packer's Sweatshirt, and cars proudly fly waving banners, specialized license plates, beads over the rearview mirror and more.  More than one owner has their car painted in fan proclamation.  There's tailgating, house parties, billboards, green and gold bakery items in the stores, streets and buildings named after players and coaches -- It seems that the greater population celebrates the franchise with year-round passion. How do you "attack" your passion in life?  Do you proudly wear your "colors"?  Do you weather the good seasons a... 08/26/2010

Dogs frighten some people and irritate others. Don't let your dog ruin the sale of your home. Below are a few tips to help you: 1) Remove your dog from the house. Some sellers lock the dog in a room and tell the buyers to keep the door closed but that is a very bad idea. If you were buying a home, wouldn't you want to be able to look in every room? Agressive pets that come to the door, follow buyers around, or jump/sniff buyers create a bad experiance. 2) Pick up the poop! The backyard is a big selling point. Make sure all the poop is cleaned up. The last thing a buyer wants to see when they are considering your home is a backyard full of poop...and worse yet...if they step in any they will relate that bad experience with the home. 3) Fix/remove teeth marks. Chewed areas are big turn-of... 07/15/2010

A couple weeks ago, I was on my way home from enjoying the weekend up north at the cabin with my wife and my dog, Charmin, a small Westie. I pulled over on the side of the dirt road because my wife noticed a turkey in the woods. I rolled down the window so Charmin could see. Charmin was so intriged that she literally jumped out of our large SUV window! She fell hard to the ground, unhurt luckily, and must have realized that maybe it wasn't such a good idea but chased after the turkey anyways. She ended up losing the turkey in the woods. That got me thinking about how some home buyers are "jumping" at the first homes they see without being prepared for what problems could occur during and after the sale. Here are a few tips to consider when buying a home: 1) Get pre-approved - If you are... 07/03/2010

Green Bay Realtor - Ryan Champeau 07/02/2010

Just when you think that there can't be anymore changes that government can introduce to us lenders, they hit us with MORE and MORE!  The lending portion of the home buying process is very tight and law oriented.  I have been having more and more people coming to me to refinance their homes, but am able to do anything about it.  The HVCC rule has thrown everyone for a loop.  How does the government expect everything to get better, when they took control of 90% of the appraisal business?  I've been getting very frustrated in the fact that a home, that is FULLY capable of refinancing and getting the value it is worth...can be absolutely impossible.  OR, if I do get the value through a 3rd party appraiser, the lender will schedule a field review, which they shouldn't have to since we are s... 07/28/2009

INDIVIDUALS WITH POSITIVE MENTAL ATTITUDES ARE NEVER FOUND IN A RUT. A Rut as Earl Nightengal said, "Is Nothing More than a coffin with the ends kicked out". Individuals with a positive attitude are those who somehow always manage to find something new and interesting even in the most mundane tasks. They don't allow themselves to be bored, because they are always seeking ways to do things faster, better, and more efficiently. If you make it a practice to find better ways to do the same old things, you will soon be marked for advancement. You will be supervising others who are performing your old job because you've proven that you are a person who can be counted on to take the initiative and do what needs to be done without being told. This positive message is brought to you by the Napol... 07/19/2009