FHA

Great for First Time Home Buyers FHA mortgages also help borrowers with bankruptcies or foreclosures in the last 2 years.

Reverse Loans

If you are 62 or older and have equity in your home a Reverse Mortgage is a great tool in retirement.

VA

For our Veterans–First of all THANK YOU! Unlike Conventional Mortgages or FHA Loans, VA Loans will go to 100%

Conventional

Rate & Term Refi & Purchases to 95% with LPMI. LPMI has No Monthly Mortgage Insurance.

The Sun Also Rises For Housing and Mortgage Markets

May 22, 2020 2:54 PM ET There’s no shortage of bad news when it comes to the economy and the housing market. But that’s no surprise considering the circumstances.  The sheer size and speed of the economic contraction makes it easy to worry about what the future will look like.  Has coronavirus changed things forever?  Is it

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FHFA sheds light on an important question regarding the forbearance program

What was this important question? Can a borrower refinance or purchase a home after needing to use the forbearance program? In March of this year the government initiated the forbearance program to allow people to postpone making their mortgage payments. The program did not address an important question regarding how to qualify borrowers with loans

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Coronavirus Market Alert

  COVID-19 Updates   Interest rates are back down to the historic lows seen in March before the Coronavirus’s (COVID-19) pandemic effect on the market. Although, interest rates on certain programs have been affected by the Coronavirus (COVID-19) and the temporary status of certain programs change with current market conditions, it is recommended to have a

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Federal Reserve issues FOMC statement

Implementation Note issued April 29, 2020 The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The

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VA Interest Rate Reduction Loan (IRRL) Seasoning Requirement

Loan Seasoning Before the 2018 law change, the VA loan didn’t have any seasoning requirement. However, in order to protect veterans from a few lenders who were practicing a predatory tactic called “loan churning,” a seasoning requirement was added. In order to qualify for a VA IRRRL, a VA loan must be seasoned for at

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The Feature Millennials Are Most Willing To Go Without

Unless you’re having a house built to your exact specifications, the house you end up buying will likely be a feature or two short of what you’d been fantasizing about. That’s because, you’re going to be choosing only from the homes that are on the market during the time you’re shopping. So the odds of

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