There are numerous articles telling you why to buy v. rent this year…here are my top 4 reasons. You know, so you don’t have to read all the articles: Mortgage rates are still historically low (check out the chart below). Which means you have more money to invest in your home which gives you more equity and more […]
Down Payment Assistance Programs
January 8, 2015 by 1 Comment
This is another great post by one of my mortgage partners, Aaron Alvarez and Alliance Home Loans. Call me or Aaron if you have any questions. A home that was once a distant dream can now become a reality! Often, potential buyers have what it takes to qualify for a mortgage but have not managed […]
FHA Property Flipping Regulation Waiver to Expire
December 27, 2014 by Leave a Comment
Lets start with a little context. In 2003 HUD (Department of Housing and Urban Development) instituted a rule that prohibited a buyer using an FHA mortgage to purchase a “flipped” home. That means a home that was purchased, usually updated/remodeled and put back on the market in less than 90 days. HUD instituted the regulation […]
Fannie Mae Guideline Changes…the Good News
August 21, 2014 by Leave a Comment
A good friend and mortgage loan officer Aaron Alvarez at Alliance Home Loans sent me some good information about the changes that Fannie Mae instituted on August 16th, 2014. Here is what he had to say: As many of you have probably already heard as of August 16, 2014 Fannie Mae will no longer offer an option […]
You Can't Refinance: Now What?
September 8, 2009 by Leave a Comment
You can’t refinance due to loan to value problems, but it doesn’t mean you can’t still save money on your monthly mortgage payment.
FHA Kiddie Condo Loan: Helping Take The Financial Bite Out Of College
May 8, 2009 by Leave a Comment
The FHA Kiddie Condo loan can help take part of the financial bite out of college.
Buy Low + Brains = Profit
May 1, 2009 by Leave a Comment
Great deals are being had on Phoenix investment properties. Don’t miss out!
Fannie Mae HomePath Loan Program: Great Deals!
April 17, 2009 by Leave a Comment
The Fannie Mae HomePath and HomePath renovation loans are very popular because they allow you to get a great deal on a house AND the home loan.
Save Money On Your Mortgage
April 10, 2009 by 1 Comment
Saving money on your mortgage is easy if you know where to look. Make sure to shop and know where to shop to save money on your overall payment.
Update on the Stimulus Package
February 14, 2009 by Leave a Comment
As we have all heard by now, the Obama Stimulus Plan has been approved by the House and the Senate and will be signed into law. Here is the Bill text: A & B which is all 1091 pages of legislation or you can read the Joint Explanatory Statement: A & B which is only […]