Re/Max Connection, Bookend LendingMortgage and Horizon Settlement Services combine their many years of experience in the local market to bring a 2-hour seminar to first time buyers. Topics include a description of the home buying process, the requirements needed to qualify for a mortgage (you may be surprised by how affordable home ownership is […]
Mortgage Info Blog
Can I borrow extra money to fix up a hou...
People who wish to purchase a distressed property and use a rehab loan to fix it up after 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, […]
Mortgage Basics
If you are thinking of purchasing a home or refinancing, this article provides some basic mortgage facts that will help the homebuyer understand more about their options: TERMS – the term of a mortgage is the number of years to repay the loan 30 Year Fixed Mortgage Rates This loan program is fixed for 30 […]
Reverse Mortgages
What is a reverse mortgage? A reverse mortgage is a special type of home loan that lets a homeowner convert a portion of the equityEquity is the portion of your home’s value that you own. It’s calculated by subtracting the balance of your mortgage and any other loans secured by the home from its current […]
Short Sales
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 […]
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 reportA credit reportA credit report is a detailed record of your credit history. Mortgage lenders use it to help determine how you have managed credit in the past and how much risk may be involved in lending you money. A mortgage credit report generally... More is a detailed record of your credit history. Mortgage lenders use it to help determine how you have […]
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 interestInterest: the cost of borrowing money, charged as a percentage of the outstanding balance and paid in arrears […]