Category Archives: Mortgage Update

Fast Facts–Home Loans

Posted on December 7, 2011 by

Fast Facts–Home Loans 61% of subprime loans made in 2006 went to people with credit scores high enough to qualify for a loan with better terms. For many loan types, borrowers of color were 30% more likely to receive a … Continue reading →

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‘Gap’ Program to Home Ownership

Posted on September 23, 2011 by

‘Gap’ Program to Home Ownership Have you recently been through a foreclosure, short sale, or bankruptcy?  Then you know the wait time to qualify for a confirming loan to purchase a property is:  FHA- 3 years from the completion date … Continue reading →

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Big Savings for Buyers: Rates Reach New Record-Lows

Posted on September 16, 2011 by

Big Savings for Buyers: Rates Reach New Record-Lows Daily Real Estate News | Friday, September 16, 2011 For the second straight week, mortgage rates reached another milestone, with 30-year and 15-year fixed-rate mortgages hitting record lows again, Freddie Mac reports … Continue reading →

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Phoenix Arizona Real Estate Private Financing or Lease Option

Posted on September 16, 2011 by

Phoenix Arizona Real Estate Private Financing or Lease Option Have you ever thought of buying a home to fix and flip?  Have you thought about buying multiple homes but can not obtain conventional financing?  Have you had a foreclosure, bankruptcy … Continue reading →

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Mortgage Rates Reach All-Time Lows Again

Posted on August 19, 2011 by

Mortgage Rates Reach All-Time Lows Again Daily Real Estate News | Friday, August 19, 2011 Ongoing economic concerns continued to push mortgage rates to new lows, as 30-year and 15-year mortgage rates took another dip, pushing home affordability even higher, … Continue reading →

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Effective Immediatetly: 3% Down on home up to $417k

Posted on August 12, 2011 by

ANNOUNCEMENT – Effective Immediately! GREAT NEWS!  Buyers will now be able purchase a home up to $417,000 with only 3% down.  Until now there have been very limited, if any, financing available for buyers looking to put down <5% when … Continue reading →

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