Tag Archives: loans

Jumbo Loan Question

Posted on December 23, 2011 by Matt Steinmetz

I am not too well versed in the servicing and secondary side of the mortgage industry so perhaps there is someone among us who can explain to me why we can’t split a Jumbo loan to be serviced by say … Continue reading →

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FHA Home Flipping Policy

Posted on December 22, 2011 by Matt Steinmetz

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. Continue reading →

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HARP Update II

Posted on December 16, 2011 by Matt Steinmetz

The updates I received re:HARP loans are both incouraging and discouraging! They’ll raise you up and bring you down! Who knew loans could be so dramatic, like a Hollywood picture show! Continue reading →

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HARP Update Nov. 15th

Posted on November 15, 2011 by Matt Steinmetz

The HARP program has been extended through 12/31/2013.

“Fannie Mae is removing the maximum LTV ratio limit for Refi Plus mortgage loans secured by fixed-rate mortgages with terms up to 30 years.
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FHA Loan Limits Increased! Again!

Posted on November 15, 2011 by Matt Steinmetz

Congress to restore FHA loan limts to $729,750 Continue reading →

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HARP Updates- This May be Huge!

Posted on October 24, 2011 by Matt Steinmetz

The refinance program for underwater borrowers has helped some but has also taken a lot of flack because of it’s limits. Well that may be no more!!!
Fannie Mae and Freddie Mac will be rolling out updated guidelines to allow borrowers to refinance regardless of how much they owe, their appraised value. Continue reading →

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First Time Buyer Video Series Part 2

Posted on July 3, 2011 by Matt Steinmetz

Matt Steinmetz is the branch manager of the Concord, Walnut Creek and Danville, CA Envoy Mortgage Offices located in Contra Costa County. You can find more information at the following websites. Continue reading →

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First Time Buyer Video Series Part 1

Posted on July 2, 2011 by Matt Steinmetz

Matt Steinmetz goes through his First Time Buyer Booklet in sections to walk you through the details of buying a home. Continue reading →

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Buying Again After Short Sale, Foreclosure and Bankruptcies

Posted on April 28, 2011 by Matt Steinmetz

This is about 5 minutes and goes through the waiting periods, before you can buy a house again, after you or your client has a derogatory item on their credit report. Continue reading →

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Fannie Mae brings back HomePath incentives | Inman News

Posted on April 12, 2011 by Matt Steinmetz

Fannie Mae is once again offering closing-cost assistance for buyers Continue reading →

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