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Broker versus Bank – Why should I use a mortgage broker when I can get my mortgage from the local bank? An often asked question that is simply explained by comparing wholesale to retail. Loan to loan they are the same, but rate to rate and cost to cost they are different
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Eustis, Tavares, and Mount Dora – What are you waiting for?
By Jason, Mar 29 in Blog, Mortgage News with 0 commentsUSDA gets more money for it 100% guarantee loan programs. But time is ticking as the money will go fast due to the large waiting list of loans waiting to be funded. However, Knightlines can still fund even when the money is gone
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Home Affordable Modification – Obama's Plan Approved
By Jason, Mar 04 in Blog, Mortgage News with 1 commentObama’s plan is approved. Homeowners can now lower their mortgage payments. Home Affordable is Fannie Mae’s answer to the problem
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Put off your home foreclosure while the bank has to produce documentation to prove that you owe them. Just demand that they show you to the note
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With all the talk going on about the Obama Homeowner’s Affordability and Stability Plan, it can get quite confusing. Here is a short video doing a decent job of explaining it
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All filings for the Florida Homestead Exemption are due by March 1st. Claim your $50,000 exemption before it’s too late
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When do I refinance my mortgage? Is now the right time? What determines if it is the best option for me? Refinancing is more than just a rate and payment; its a matter of saving money
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An outline of the Homeowner Affordability and Stability Plan that is being proposed by the Obama Camp to help fight foreclosures
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Obama’s Housing Plan to Hold Off Foreclosures
By Jason, Feb 22 in Blog, Mortgage News with 2 commentsObama’s Housing Plan does much to help current homeowners that are upside down in their mortgage, but has some inherent flaws that are not addressed. These same flaws are key players that led us to where we are today… TAXES and
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The American Recovery and Reinvestment Act – President Obama
By Jason, Feb 21 in Blog, Mortgage News with 0 commentsComparing the the first-time home buyers tax credits according to the new stimulus package