The Importance of Taking an Accurate Application... Avoid surprises down the road! |
| 5/30/2008 1:36:01 PM |
It is amazing to me how many people call up and ask for a rate with out wanting to supply any information. It goes something like this; the phone rings, I pick it up and greet the caller. Often times at this point I am asked "whats your rate". I used to try to explain to them that I cannot give them a rate without asking them a few questions first. I've heard the... Read More |
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Lake City Mortgage is Now Offering The Lake City Home Express! |
| 5/29/2008 7:41:26 AM |
We have an amazing new loan program here at Lake City Mortgage that is sure to help a lot of people. To my knowledge we are the only mortgage company in the area offering anything like it. 100% conventional financing has completely gone away which is why I am so thrilled to be able to offer The Lake City Home Express!
Here Are a Few of The Highlights:
- 100% financing of... Read More
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Purchasing a Home After Bankruptcy |
| 5/27/2008 9:43:43 PM |
For many the thought of having to file for bankruptcy is very life changing and stressful. Especailly living in a credit oriented world. You are taught to protect your credit and to invest your money wisely. However, when the going is good, no one expects for the good to get the going and the bad to roll on in. For many people it was something that just happened. No one... Read More |
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Use a Second Mortgage Loan Wisely! |
| 5/26/2008 8:45:56 PM |
 Putting a second mortgage loan on your house is risky business these days, unless you have a substantial amount of equity in your home. Reasons for a second mortgage loan are a long list. They could include improvements to your home for livability reasons, or could be totally unrelated to the home. You might want to use a second mortgage loan to pay off credit cards or... Read More |
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Arizona Mortgage Team Announces New Blog |
| 5/25/2008 3:06:42 AM |
I am happy to announce that we have launched a new blog at www.ArizonaMortgageTeam.com where you can find all of the latest information related to Arizona Mortgages. We cover a variety of topics there, including information about FHA programs. Visit today!
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I don't want interest rates to go down... I want people to get jobs! |
| 5/22/2008 12:29:48 PM |
Interest rates are near historic lows. I remember when mortgage interest rates were in the high teens and you were very lucky to get a 12% rate. That was before I was in the business but I do remember hearing my parents talk about it as a young child.
The other thing that I remember from my child hood is that houses were selling! Sure you'd see the occasional real estate... Read More |
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What is a Good Faith Estimate |
| 5/19/2008 8:54:55 PM |
 As you and your family prepare to embrace the joy of home ownership . There are many steps that you must take before you stick your key into the door of your new home. After you have established your credit and found the right Lender you are on your way to the closing. The more you endure this process the more you feel like a real estate expert. Your knowledge &... Read More |
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Second Mortgage Loan: When is it a Bad Idea? |
| 5/19/2008 6:51:52 PM |
Although mortgage lenders readily approve homeowners for second mortgage loans, it doesn’t mean they’re a good idea. A second mortgage loan or home equity loan is essentially a loan that uses your home as collateral. The loan amount is based on your property’s equity. If you default, the second mortgage lender can repossess your home.
In many instances, a second mortgage... Read More |
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Got Equity? Get a Second Mortgage Loan and Break Free! |
| 5/12/2008 8:02:48 PM |
 The housing market in the US is just plain daft these days as we as a great nation experience truly trodden and mystifying economic times. However the salt of a few is the sugar of many. What I mean by that is that the banks are strapped and are offering unheard of rates for those seeking a second mortgage loan—even if they have terrible credit. Many people still have a lot... Read More
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Individually qualifying each person. |
| 5/12/2008 11:57:45 AM |
Gudelines continue to change so quickly that it is hard to keep up. I work hard to stay on top of guidelines but in this market environment that just simply is not enough.
I see cookie cutter loan scenarios all the time that a while back I would not have given a second thought to issue a pre-approval letter on.
That is no longer the case; I call my underwriters, AE's, and... Read More |
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FHA Implements FHA Secure Refinancing Product |
| 5/9/2008 10:32:00 PM |
 If you are a homeowner that fell for an Adjustable Rate Mortgage plan and now find yourself in dire financial distress because the mortgage reset has left you strapped for cash, the Federal Housing Administration has come to your rescue with a plan called FHA Secure. If you meet the FHA’s buyer criteria, you may qualify for an FHA secure refinance to get out from under the... Read More |
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Before You Ask, How Do I Sell My House By Owner? Gather All the Info You Can! |
| 5/9/2008 10:27:44 PM |
 With the way that the housing market has been performing this year, I can’t blame anyone for feeling confused. If you have one of those adjustable-rate mortgages that were foisted off on so many people, you may be wondering where your mortgage rate will wind up. Well, if I were you, I’d download a free mortgage calculator and spend some time figuring out just how that... Read More |
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The Govenment Takes a Stand Against Foreclosure |
| 5/9/2008 8:40:50 PM |
|  May People suffer from sleepless nights with the thoughts of becoming Homeless or having the fear of losing there once prized possession. With the economy at an all time, Low the nation is crying for intervention. The government has implemented funds to help family stop the process of foreclosure while enabling them to have their peace of Mind restored.
The U.S. House of... Read More
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For some people a second mortgage loan is a good idea |
| 5/6/2008 5:31:55 AM |
| Need to pay for your children's college tuition? If so, a second mortgage loan is a good way to do so if you can find a second mortgage home equity loan rate you can afford. I am not really a big fan of taking out a second mortgage loan unless it is absolutely vital or a financial emergency but many people do use the second mortgage loan option to start a new business, pay... Read More |
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