Tag Archives: refinance

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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Funding your Fixers

The FHA 2o3K allows you to wrap the costs of the loan, your renovation costs and pay off your existing loans on the house. This leaves you with one new loan up to 97.75% of the “future” value and a beautiful home. Continue reading

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Envoy Mortgage Opening in Danville

I am excited to announce that Envoy Mortgage is opening an location in Danville, CA.  I will be setting up the office this week.  AsI grew up in Danville, it will be nice to spend some time in the area.  … Continue reading

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Governor Schwarzenegger Signs $10,000 Homebuyer Tax Credit Legislation

Governor Schwarzenegger Signs $10,000 Homebuyer Tax Credit Legislation. Starting May 1st, the very day after the federal tax credit ends, California’s tax credit kicks in!!! This time it’s not just for new homes either.  First time buyers, purchasing new or … Continue reading

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Homebuyer Tax Credit Extended!

Tax credit extended Continue reading

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Rates are looking Great!

Rates are 1/8% from the lowest rates ever!  Should we be talking about your possibilities?  Call me today. Thank you, Matt Steinmetz Envoy Mortgage- Voted Top 25 Tech Savvy Lenders by Mortgage Technology Magazine 2151-P Salvio St. Concord, CA 94520 … Continue reading

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