New rates available daily. Call us today for a no hassle rate quote from our preferred lenders, offering the most competitive rates in the industry. Put our knowledge to work for you!
Articles
We've included a few articles covering today's more popular topics. If you're looking for something else, please
contact us today and we can get you the information you need right away.
Buying vs Renting: Which is Right For You?
Making the decision to buy a home is a big step, and many find it to be a profitable one as well! Buyers reap financial rewards unavailable to renters!
Holiday Surprise from Fannie and Freddie: Foreclosures Suspended until January
As December approaches, the saying “home for the holidays” may hold more meaning to those facing foreclosure right now, and that spirit, Fannie Mae and Freddie Mac have announced a suspension on foreclosures and evictions through January of 2009.
How Much Home Can You Afford?
Many people are pleasantly surprised when they learn what they can afford in today's housing market. Depending on just a few factors, your new dream home could be an application away!
The Truth About Credit Reports!
How does a credit report affect your borrowing power? Find out here and learn what you can do to make sure your credit report is accurate and up to date!
Fixed-Rate, ARM, or Interest Only: Which is Best?
These loan programs each offer something unique. Do you know which one is right for you?
Is It Time To Lock Your Rate?
Have you been watching rates lately? Locking your rate today can save you thousands of dollars over the next several years.
Creative Loan Options: Tapping the Subprime Market!
Some borrowers have a difficult time financing their dream. A blemished credit report can present some challenges, but there are options in the subprime mortgage market.
Provide An Honest, Complete Mortgage Application
Mortgage fraud is forcing lenders to scrutinize the paperwork and today's home loan applicant must be better prepared to run the mortgage application gauntlet.
What NOT to do after you apply for a mortgage
Congratulations! You finally found the house of your dreams. You made a bid, had it accepted by the seller and went through the mortgage application process. It looks like you’ll qualify. The closing is only weeks away, and you’re feeling pretty good.
4 Must-Know Mortgage Guideline Changes
Fannie Mae recently announced four key initiatives that will have a huge positive impact for home owners and buyers. “When Fannie Mae changes their policies and procedures, it has a wide-spread impact on homeowners,” said Gibran Nicholas, Chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers.
Home Buying Experts Warn - Builder Loan Fine Print Could Cost You Thousands
The home loan packages offered by builders are often touted as being very convenient. But when it comes to evaluating the true benefits the picture is often quite different, according to the home buying specialists at the National Association of Exclusive Buyer Agents, (NAEBA).
Understanding Hard Money Loans
With the number of bank-owned foreclosure properties on the rise and the decline in home values throughout the country, there are certainly good deals to be found if you are looking to purchase an investment property or two or refinance a default personal mortgage loan.
How the New Housing and Recovery Act Can Affect Seniors
The Housing and Recovery Act of 2008 is going to affect more than first time home buyers, it will affect seniors too. When the President signed into law a $300 billion housing bill to help homeowners renegotiate their mortgages, reverse mortgage lenders reignited their marketing programs focusing on seniors, says Frank N. Darras, one of the nation’s leading disability and Long-Term Care insurance lawyers.
Home Sweet Loan - Using a 401(k) Loan for a Down Payment
Faced with a real estate market that has tightened up lending standards at a time when home values are dropping, more people are borrowing money from their 401(k) retirement plans to help swing a down payment to buy a home.
First-time Homebuyer Tax Credit
First-time Homebuyer Tax Credit
VA Law Will Serve Those Who Serve Our Country, Says NAR
VA Law Will Serve Those Who Serve Our Country, Says NAR
Taking a Fall
Taking a Fall
7 Tips to Navigate the Real Estate Market for Investors
7 Tips to Navigate the Real Estate Market for Investors
What About Next Year’s Home Buyers?
What About Next Year’s Home Buyers?
What to Know About Reverse Mortgages
If you’re over 62 and a homeowner you have a unique opportunity to get significant, spendable value from your home, even if you still hold an existing mortgage.
How Long Does a Loan Modification Take?
Understandably, homeowners who apply for a loan modification tend to get a little antsy and perhaps even annoyed when they apply for a loan modification and then fail to hear anything for several weeks, especially if they continue to receive late payment notices and nasty phone calls from collection agencies.
Teaming up with Your Lender for a Loan Modification
Suppose you’re behind on your house payments. You dial the phone number on your most recent mortgage statement, clear the usual hurdles, and finally reach someone who understands your situation and offers to help. You are one of the lucky homeowners who has a cooperative lender. Now what? What can you do to team up with your lender to optimize the outcome? This article reveals 10 ways you can expedite the process and negotiate an affordable loan modification that enables you to catch up on any missed payments, lower your monthly mortgage payment, and keep your house.
Top 10 Myths About Credit Scores Debunked
With many Americans considering a home purchase or refinance, seeking a new job, purchasing a new car, or striving to pay off credit card debt, 2009 might be the year of the credit score, said Bills.com president Ethan Ewing.
HUD Action Allows Home Buyers to Use 8,000 Dollar Tax Credit for Downpayments on FHA-Insured Loans
HUD Secretary Shaun Donovan’s decision to allow consumers to use the $8,000 first-time home buyer tax credit to help cover their downpayment and closing costs on FHA-insured mortgages will be a big boost to the housing market, according to the National Association of Home Builders (NAHB).
Reversal of HUD's recent $8,000 tax credit announcement
As you know, HUD made an announcement on May 12 that they were going to allow homeowners to use the $8000 tax credit as down payment monies by empowering state agencies, non profits and HUD approved Mortgagees to lend the monies to home buyers.
Recovery Act’s Homebuyer Tax Credit Can Immediately Help Thousands of First-Time Homebuyers
Speaking to the National Association of Home Builders Spring Board of Directors Meeting, U.S. Housing and Urban Development Secretary Shaun Donovan announced that the Federal Housing Administration (FHA) will allow homebuyers to apply the Obama Administration’s new $8,000 first-time homebuyer tax credit toward the purchase costs of a FHA-insured home. Donovan said that this action will help stabilize the nation’s housing market by stimulating home sales across the country.
7 Tips for Consumers Preparing to Purchase a Home
June is National Homeownership Month and like many other consumer advocates, the Oregon Bankers Association (OBA) urges consumers to get informed as they prepare to buy a home. Today, there are a growing number of obstacles for home buyers, including a higher credit score standard and more restrictions on credit. Despite current challenges in the secondary mortgage market, home loans are available to credit-worthy buyers and Oregon banks stand ready to assist prospective home buyers.
FHA Tax Credit Monetization Helps Home Buyers With Upfront Costs
First-time home buyers who would otherwise qualify for the $8,000 tax credit, but don’t have the money for a down payment or closing fees, may now be able to get a loan to help cover those upfront costs.