Good Morning!
If you have ever wondered what the maximum FHA loan limit for your county was – I have some good news for you.
…I just added a chart to my web site that will show the maximum FHA loan limit for your county.
Just click on this link…
http://loansdonequickly.com/?page_id=625
Thanks for reading – and have a safe weekend!
Brett
Good Morning!
If you were on the fence before about refinancing with these historical low rates – I would suggest you might want to go ahead refinance now.
Rates got worse last Friday, and they were worse again on Monday due to the Fed’s quantitative easing program on the mortgage backed securities markets.
When the rates go up – they do seem to go up fast, so take advantage of these rates while their still low.
Thanks for reading – and have a great day!
Brett
I’m generally not one to toot my own horn, but I wanted to tell you how quickly my team and I can get a loan ready for closing…
I had a borrower contact me recently. She said that she was purchasing a house – and she wanted to close quickly.
Good Morning!
I originally sent this email out to you about 1 year ago.
However, I get asked about this so often, I wanted to re-print the email here for you now…
I get asked this question a lot by clients who are buying houses…
…”Can we just roll closing costs into the loan?”
The short answer… No.
Good Morning!
I have customers call me every day – worried that their Medical Collections will keep them from getting a loan.
From a mortgage underwriting perspective – if you have Medical Collections that are over 12 months old – they will be ignored for the most part by the government insured loan programs. …such as VA and FHA.
Good Morning!
There’s a general rule in the mortgage industry about getting a mortgage after a bankruptcy.
…The rule is that the underwriter will want to see at least 3 trade lines that were established after the bankruptcy – each with at least 12 months of history. …and, good history – no lates.
However, with every rule there is an exception…
Good Morning!
If you are trying to buy a house – but your spouse has no credit scores you have a problem.
Good Morning!
Here’s trick I’ve used successfully on borrowers that have high debt to income ratios on conventional loans.
Good Morning!
I wanted to remind you that I’m still doing purchase loans down to a 600 credit score with only 3.5% down payment.
Video For You… How To Qualify For A Manufactured Home Loan.