Check with your local loan officer, some or most states this might not be available. Sorry Minnesota, not available Here is a link on how to apply the first time home buyer tax credit as a down payment So it looks like this $8000 Tax Credit will be available for down payment after all. The [...]
What is a reverse mortgage?
May 7, 2009 By Leave a Comment
What Happened with Mortgage Guidelines in a Nutshell
January 23, 2009 By Leave a Comment
null Dan Green of The Mortgage Reports has this short video that gives true depth to the lax in mortgage guidelines over the years. Then how they tighten and how homeowners are unable to refinance.I had viewed it last year but never shared it until he recently reposted the video. He updates his blog daily [...]
Short term government rate buy-down proposed by Realogy
October 29, 2008 By Leave a Comment
Interesting proposal by Realogy that is proactive way to help jump start the housing market and economy. First, I probably have to get some disclosures out of the way mainly because I have ties to Realogy in some way or another. This is kind of funny, NRT operates Realogy, which in turn runs these franchises: [...]
Know Your Fees
May 31, 2008 By Leave a Comment
A recent study shows that the mortgage industry takes advantage of consumers being confused of what they are purchasing when it comes to home loans. It is important to work with a reputable lender and make sure you ask plenty of questions about the fees and where they come from View the article here from [...]
