Waht exactly is an "Origination Point"? How come some brokers have it some don't?
A mortgage origination point or a just a point as it's referred to, is a fee that a bank or mortgage brokerage charges for originating the mortgage. It is a percentage of the loan amount that is the upfront source of income for a broker or bank. You don't have to pay points, but if you don't...

Do any of your lenders see the market right to pick a property?
While poor market conditions have created a troubling situation for some homeowners, the downturn has made the buying market ripe for others. The affordability of homes is better than ever. If you're renting and wondering if you should buy a home, consider what bestselling author, David Bach,...

What is a Libore?.
Libor, which stands for "London InterBank Offered Rate," is ultimately an adjustable mortgage rate. Libor Loan interest rates are calculated by using the current interest rate in the country. Libor Loans are often compared to the United States' 1-Year Treasury Security Index....

Need a bank to refinance an owner financed home. My debt ratio is out of line. According to my bank I need a co-signer.
Please feel free to contact me so I can determine if I can help you.Kristen HarrisBranch Manager Home Savings of America A Federally Chartered Savings & Loan Since 1934Direct: 801.285.8909Toll Free: 866.590.3939Fax: 866.724.3848 E-Mail: kharris@myhsoa.comWe're Celebrating 75 Years!...

Need a bank to refinance an owner financed home. My debt ratio is out of line. According to my bank I need a co-signer.
Please feel free to contact me so I can determine if I can help you.Kristen HarrisBranch Manager Home Savings of America A Federally Chartered Savings & Loan Since 1934Direct: 801.285.8909Toll Free: 866.590.3939Fax: 866.724.3848 E-Mail: kharris@myhsoa.comWe're Celebrating 75 Years!...

What gives? Where and what should we be looking for?
I can offer and escrow holdback account for minor repairs on USDA loans. I can also offer an escrow holdback account for minor repairs and the 203(K) on the HUD $100 program. (Satorimortgage's response below) is correct in stating:"Every bank/lender/broker has diff. programs" Good...

is there a penalty for selling my home before my 3yr anniversary
FHA loans never have prepayment penalties.

how do I go about putting a mortgage on a home that i completely own even though i have a bad credit score?
Do you own the home free and clear?What are your credit challenges?Do you know what your credit scores are?

If I am purchasing a home needing my parents to co-sign which makes it an investment loan, but I am the only one on buy-sell agreement and it will be my primary residence, do I still qualify for the $8,000 tax rebate?
Kristy,If a parent co-signs on a mortgage loan to help their non-dependent child buy his/her first home their eligibility does not affect their child's ability to qualify for the $8,000 tax credit.Interest rates are at an all time low, making now the perfect time to purchase a new home!A...

First time home loan with low scores.
Yes. I have an FHA purchase program that will lend down to a 580 score. If you have any questions feel free to email me or call me.Kristen HarrisBranch Manager Home Savings of America A Federally Chartered Savings and Loan Since 1934Direct: 801.285.8909Toll Free: 866.590.3939Fax: 866.724.3848 E-Mail:...

If we have good credit, is there any program that allows a home purchase without any money down?
USDA Loans Offer 100% Financing In Rural AreasThe USDA Home Loan is a little known mortgage option available to home buyers in rural areas of the U.S. and there are a lot of areas that are considered rural. This is really a super loan program that not many take advantage of because they don't know...

Jumbo loan
Yes I can assist you with your financing. Please call me today to explore your options. Kristen Harris (801) 285-8909 & (866) 590-3939 or by email, kharris@myhsoa.com

I am just seeing what I need to do to buy my first home.
Hello Tawny and congratulations on taking the first step to homeownership. Interest rates are at an all time low, making now the perfect time to purchase a new home. A pre-qualification or pre-approval from a lender can be useful in searching for and making an offer on a new home. Sellers can be very...

I am just seeing what I need to do to buy my first home.
Hello Tawny and congratulations on taking the first step to homeownership. Interest rates are at an all time low, making now the perfect time to purchase a new home. A pre-qualification or pre-approval from a lender can be useful in searching for and making an offer on a new home. Sellers can be very...

Who should I contact about a fha loan in ky
Home Savings of America. We are leaders in FHA financing. Please deel free to contact us at 866-590-3939. We look foward to speaking with you soon.

Do I have to go through my original Lender?
You should be able to refinance through whomever you like just like GVDenny stated below. If you need additional information or would like to receive a rate quote please do not hesitate to contact me. You can click on my profile for more information.

Can I get A home Loan WIth This Credit Score
You can get a home loan with a 620 credit score however there may be certain restrictions pertaining to your credit history. If you would like more information please feel free to click on my profile to contact me. I would be more than happy to discuss your options and provide you with a rate quote.Hope to...