Loan Officer
Updated Oct. 9, 2013
Making Clients for Life!. Many people spend a great deal of time looking for their home, but neglect to spend much time researching options for their home loan. Finding the perfect home loan is just as important to finding the perfect home because determining the home loan that is right for you can save you a great...

FHA Home Loan Requirements After Bankruptcy
Updated Oct. 9, 2013
In California home buyers can apply for a FHA Loan only after 2 years after a chapter 7 bankruptcy discharge.. - Chapter 13 Bankruptcy There must be 12 consecutive months of on time payments on all accounts (including utilities, cell phones etc) from the filing of the chapter 13 bankruptcy. - Chapter 7 Bankruptcy...

Why refinance your home
Updated Oct. 9, 2013
Why refinance your homeThere are many reasons why you may be interested in refinancing you home. The biggest reason is to save money.Reduces Monthly Mortgage PaymentInterest rates are at lowest in last 30 years and refinancing your home will help you lower your monthly payment.Everythig is expensive these days...

Home Purchases
Updated Oct. 9, 2013
One of the key reasons real estate agents and others often cite for buying a home now is that historically low mortgage rates won't last forever.And they're right.Clearly this is the time to buy the homes or home owners who want to refinance should act soon if they want to take advantage of today's...

Pre-approval and Pre-qualification letter
Updated Oct. 9, 2013
These terms appear to be similar, but can be quite different. Not only do they cause confusion for home buyers, there seems to be many interpretations from those in the real estate and mortgage industry as well Getting a pre-qualification letter is easy. You just call a mortgage broker or lender, provide some...

Harp 2 Program
Updated Oct. 9, 2013
Harp 2 ProgramGovernments Home Affordable Refinance Program (Harp) 2 looks good for Banks and the Borrower. This Program virtually eliminates the chance that lenders will have to pay for losses on loans that go into default, and it will help to streamline the underwriting process.Idea behind Harp2 is simple. If...

FHA Loans
Updated Oct. 9, 2013
FHA Loans. The Federal Housing Administration (FHA) is a federal agency within the U.S. Department of Housing and Urban Development (HUD). Since the 1930's, FHA loan programs were designed to help the creditworthy of the low and middle class families to fulfill their dream of home ownership.. FHA loans are...

VA Loans
Updated Oct. 9, 2013
VA Loans. Department of Veterans Affairs home loans (VA), is a popular option for an active or veterans service members to purchase their homes and it has very good reasons. The loans require no down payment and are available from most lenders. In addition, the government limits the amount of closing costs,...

VA Loans
Updated Oct. 9, 2013
VA Loans. Department of Veterans Affairs home loans (VA), is a popular option for an active or veterans service members to purchase their homes and it has very good reasons. The loans require no down payment and are available from most lenders. In addition, the government limits the amount of closing costs,...

FHA to increase mortgage insurance premiums
Updated Oct. 9, 2013
FHA to increase mortgage insurance premiumsThe Federal Housing Administration plans to increase the cost of up-front mortgage insurance. premiums by three-quarters of a percent to restore the agency's insurance fund that has been consumed by the mortgage crisis. Annual premiums required on the loans...

$25 billion mortgage settlement
Updated Oct. 9, 2013
WASHINGTON -- Despite continued distress in the housing market and gridlock on Capitol Hill, it looks like struggling homeowners will be getting a little more help in the months ahead.. Under the settlement, servicers will provide cash for victims, fund billions of dollars in mortgage write-downs for...