Matt Steinmetz's Blog » ca http://mattsteinmetz.com/blog Mortgage Related News Fri, 18 May 2012 15:16:41 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 FHA 203k Retained by Envoy Mortgage http://mattsteinmetz.com/blog/fha-203k-retained-by-envoy-mortgage/ http://mattsteinmetz.com/blog/fha-203k-retained-by-envoy-mortgage/#comments Fri, 18 May 2012 15:13:17 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=628 Continue reading →]]> Click here to view the embedded video.

In this video I discuss how Envoy Mortgage has rolled out their own FHA 203k Streamline product that is funded by Envoy and the servicing rights retained by Envoy.  This means Envoy Mortgage has control of the process form start to finish and beyond.  Servicing means you will make your payments to Envoy and not have your loan sold around to other lenders.  Let me know what you think by leaving comments below and sharing with your communities.

Thank you,
Matt Steinmetz nmls# 221315
Envoy Mortgage
2151-A2 Salvio St.
Concord, CA 94520
Visit Envoy925.com
Office: 925-671-9501 x119

Down Payment Assistance*FHA*VA*HomePath*FHA 203K*Less Than 90 Day Flips*USDA                         Condo Approvals*Escrow Holdbacks*and now Up to 8 Financed Properties

]]> http://mattsteinmetz.com/blog/fha-203k-retained-by-envoy-mortgage/feed/ 0 House lost Value? Refinance Now! http://mattsteinmetz.com/blog/house-lost-value-refinance-now/ http://mattsteinmetz.com/blog/house-lost-value-refinance-now/#comments Sun, 18 Mar 2012 17:07:11 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=621 Continue reading →]]> Click here to view the embedded video.

Watch Matt Steinmetz in his YouTube video about refinancing even if you owe more than your house is worth with Fannie Mae’s HARP.

Matt Steinmetz is a Branch Manager for Envoy Mortgage with offices in Concord, Walnut Creek, Capitola and Vacaville California

Leave a comment here or call Matt at 925-671-9501 x119

 

]]> http://mattsteinmetz.com/blog/house-lost-value-refinance-now/feed/ 0 Mortgages for Foreign Nationals http://mattsteinmetz.com/blog/mortgages-for-foreign-nationals/ http://mattsteinmetz.com/blog/mortgages-for-foreign-nationals/#comments Thu, 15 Mar 2012 13:44:27 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=612 Continue reading →]]> Click here to view the embedded video.

Matt Steinmetz talks about loans for foreign nationals.  Foreign national loans are for people who are not U.S. citizens.

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]]> http://mattsteinmetz.com/blog/mortgages-for-foreign-nationals/feed/ 0 Asset Depletion http://mattsteinmetz.com/blog/asset-depletion/ http://mattsteinmetz.com/blog/asset-depletion/#comments Tue, 13 Mar 2012 20:36:52 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=609 Continue reading →]]> Click here to view the embedded video.

Matt Steinmetz talks about using asset accounts, that you may draw on, to help qualify for a mortgage.  If you have high net worth or a lot of cash in the bank, it is possible to use that as potential income for qualifying for a mortgage.

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]]> http://mattsteinmetz.com/blog/asset-depletion/feed/ 0 Thank You 2011 and Let’s do a Threepeat in 2012! http://mattsteinmetz.com/blog/thank-you-2011-and-lets-do-a-threepeat-in-2012/ http://mattsteinmetz.com/blog/thank-you-2011-and-lets-do-a-threepeat-in-2012/#comments Mon, 12 Mar 2012 14:40:12 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=606 Continue reading →]]> Click here to view the embedded video.

Matt Steinmetz thanks his team for a great 2011 and looks forward to accepting a top branch award for 2012 for a threepeat!

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]]> http://mattsteinmetz.com/blog/thank-you-2011-and-lets-do-a-threepeat-in-2012/feed/ 0 Non Warrantable Condos http://mattsteinmetz.com/blog/non-warrantable-condos/ http://mattsteinmetz.com/blog/non-warrantable-condos/#comments Sun, 11 Mar 2012 16:39:34 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=604 Continue reading →]]> Click here to view the embedded video.

This video by Matt Steinmetz talks about obtaining a mortgage loan on a non warrantable condo.

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]]> http://mattsteinmetz.com/blog/non-warrantable-condos/feed/ 0 How You File Taxes Matters http://mattsteinmetz.com/blog/how-you-file-taxes-matters/ http://mattsteinmetz.com/blog/how-you-file-taxes-matters/#comments Tue, 27 Dec 2011 21:37:03 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=573 Continue reading →]]> Click here to view the embedded video.

This video by Matt Steinmetz covers some details about how tax returns affect you qualifying for a mortgage loan.

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]]> http://mattsteinmetz.com/blog/how-you-file-taxes-matters/feed/ 0 FHA Home Flipping Policy http://mattsteinmetz.com/blog/fha-flips/ http://mattsteinmetz.com/blog/fha-flips/#comments Thu, 22 Dec 2011 22:11:00 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=564 Continue reading →]]> In February, FHA extended the FHA property flipping waiver until December 31, 2011.  As of now, this waiver has not been extended again and will expire on 12/31/11.
All loans that are utilizing the waiver to get around the 90 day seasoning required by FHA on flip properties (mainly being used now by investors who are fixing/flipping homes)  must have a FULLY EXECUTED purchase contract and must have a FHA case number assigned on or before 12/31/11.  No extensions will be given to this deadline.  Any loans with case numbers & contracts January 1st or later will require 90 days seasoning prior to the borrower making loan application, with the only exceptions being the following:

4155.2 4.7.h Exceptions to the 90-day Restriction

The only exceptions to the 90-day resale restriction described in HUD 4155.2 4.7.e are for

• properties acquired   by an employer or relocation agency in connection with the relocation of an   employee
• resales by HUD   under its Real Estate Owned (REO) program
• sales by other   United States Government agencies of single family properties pursuant to   programs operated by these agencies
• sales of properties   by nonprofits approved to purchase HUD-owned single family properties at a   discount with resale restrictions
• sales of properties   that are acquired by the seller by inheritance
• sales of properties   by state and federally-chartered financial institutions and government   sponsored enterprises
• sales of properties   by local and state government agencies, and
• sales of properties   within Presidentially Declared Disaster Areas.

If HUD decides to extend the waiver, we will notify you ASAP.

Happy Holidays!

Matt Steinmetz

]]> http://mattsteinmetz.com/blog/fha-flips/feed/ 0 Merry Christmas http://mattsteinmetz.com/blog/merry-christmas/ http://mattsteinmetz.com/blog/merry-christmas/#comments Thu, 22 Dec 2011 19:08:39 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=560 Continue reading →]]> Click here to view the embedded video.

This is me wishing everyone a Merry Christams and Happy Holidays with a bonus music track!

Share this with your social media and comment below.

Happy New Year,

Matt Steinmetz

]]> http://mattsteinmetz.com/blog/merry-christmas/feed/ 0 The Importance of Credit http://mattsteinmetz.com/blog/the-importance-of-credit/ http://mattsteinmetz.com/blog/the-importance-of-credit/#comments Wed, 21 Dec 2011 21:54:40 +0000 Matt Steinmetz http://mattsteinmetz.com/blog/?p=558 Continue reading →]]> Click here to view the embedded video.

This video goes over the importance of establishing credit and having good credit and at least 3 tradelines (open credit sources).

If have questions about your scenario, let’s talk.

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Matt Steinmetz

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