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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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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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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
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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
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Stimulus Package Approved But No 4% Mortgage Loans… Just $8000
By Jason, Feb 17 in Blog, Mortgage News with 0 commentsObama signed the $787 Billion Stimulus Package today… no 4% mortgage loan interest rates, but there is an $8,000 tax credit for first-time home buyers that buy between January 1 and December 1,
