Short sales can be great opportunities for you but they involve a longer wait period to find out if your offer is accepted. Lets define short sale and then discuss the process. A short sale occurs whent he seller owes more than he can sell the house for and he asks one or more lienholders […]
Mortgage Info Blog
Carol Jordan #1 NH Housing Lender in 201...
Home Buyer Seminar
Home Buyer Seminar on Wed March 14th at 6:15 At the offices of Horizon Settlement Services 6 Garvins Falls Road, Concord, NH Complimentary Admission. RSVP: amazingloans@nhmortgages.com Our last seminar was a NH Housing Home Buyer Seminar which was held on Tuesday Feb 21st & Wed 22nd at the Epsom Public Library. The seminar was open […]
Avoiding a credit score drop…
You’ve prequalified for a mortgage and you think you’re all set. You find the perfect house and you call your loan officer to set up the loan. The loan officer pulls a new credit report and tells you that your score has gone down and now your rate will be higher, or worst, you no […]
New RD upfront & monthly mortgage insura
There’s a change ahead in financing for first time buyers and others who qualify for the RD (Rural Development) loan which is sometimes also referred to as a Farmer’s Home Loan or USDA loan. The good news is the loan will still require no down payment — that’s right — no money down is needed […]
Mass Housing
If you are a first time homebuyer in Massachusetts then you may want to consider Mass Housing. There are income limits (generous) but if you fall below the income limit and have the appropriate credit score, the interest rates are below market and the mortgage insurance is favorable. Call for more details.
Financing for Marginal Credit – which lo
If you have less than perfect credit, you may assume that you need a large down payment to get approved, but that is not the case. If you are eligible for a VA loan or an RD (Rural Development) loan, you may be able to get approved for a loan with no down payment! […]
Using Rehab Loans to Purchase a Distress...
With such a high level of distressed properties flooding the real estate market, there are great opportunities for a good deal among these available homes. But many people cannot afford to come up with the down payment and closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More costsClosing costs are the fees and charges due at closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More beyond the down payment itself — […]
Tax Credit Extended for Returning Vetera...
Tax Credit Extended for Returning Veterans… You may qualify for up to an $8000 tax credit if you or your spouse were on qualified official extended duty outside the United States for at least 90 days during the period beginning January 1, 2009 and ending before May 1, 2010, and were a member of the […]