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The first time Home Buyers tax credit is ending in four weeks. Be sure to close before Thanksgiving or you might just miss out on your $8,000 tax credit
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The Mortgage Disclosure Improvement Act is an addendum to the Truth-in-Lending Act. With stricter guidelines governing the disclosure of fees and APR, a broker or lender that is lax on providing documents in a timely manner can really do damage when it comes time to close
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Mortgage laws are getting even more strict while common sense is being thrown to the wayside. Licensing those who are already under a license is not as important as getting the person who is qualified for a mortgage into a new home
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The Mortgage Industry has received yet another face-lift to hopefully improve the current market conditions. And just like previous surgeries, this one is botched, too
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Your $8000 SHIP has come in. But are you first in line?
By Jason, Jul 06 in Blog, Mortgage News with 0 commentsFlorida changes SHIP to the FHOP in hopes to give first time homebuyers the option to use their $8000 tax credit now. And unless you are first in line, your SHIP will set sail faster then I can lose a dozen golf balls on the Mount Dora Country Club Golf Course
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HVCC, the government’s answer to fixing the housing price situation in an already unstable real estate market. Too bad it does more harm than good. Sign the petition to have HVCC reconsidered
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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 Refinance allows homeowners current on mortgage payments the option to refinance their Fannie Mae home mortgage loan despite the possibility of being upside-down in their equity
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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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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
