Tag Archives: refinance

What Not To Do During Your Loan Processing

To some it’s obvious and to others it’s not, but the following items are critical during the loan process. Continue reading

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Standard Items Needed for Loan Approval

The following items are normally needed during the loan process. Continue reading

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How You File Taxes Matters

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

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HARP Update II

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

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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HARP Updates- This May be Huge!

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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More Lenders Exiting in 2012 and Rates Getting Better

This video discusses the estimate from the Mortgage Bankers Association that the loan volume for 2012, industry wide will drop by 25%.  This will force more lenders, individuals and companies, to leave the industry.  The video also touches on where … Continue reading

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Buying Again After Short Sale, Foreclosure and Bankruptcies

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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Escrow Holdbacks

Using an escrow hold back we can get your deal closed on time and have the repairs completed after close.

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US Mortgage Market Overhaul: The Winners and the Losers – CNBC

The biggest losers in the Obama administration’s reform proposals will inevitably be people seeking to buy a home, or people that own homes. US Mortgage Market Overhaul: The Winners and the Losers – CNBC.     Thank you,  Matt Steinmetz … Continue reading

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