Blog
The Dos & Don’ts Of Credit Scores
Here are some important facts about credit scores you should know! Don't Apply For New Credit during the loan process. Every time that you have your credit pulled by a potential creditor or lender, you can lose points from your credit score immediately. Don't Close Credit Card Accounts. If you close a credit card
Use The Slower Real Estate Market To Your Advantage
According to the National Association of Realtors, existing home sales rose strongly in September. But the winter and holiday months are typically a slower time of year for real estate. That can work to the buyer’s advantage, though. Fewer real estate transactions can translate to less compet
Mortgage Rates Drop to 2-Week Lows
Mortgage rates moved lower today as investors sought safe haven from global political risk in the bond market. When investor demand for bonds increases, rates generally fall, all things being equal. Today's improvement was fairly healthy, too. You'd have to go back to January 23rd--exa
Lock, Shop & Drop Loans
Our Lock, Shop, and Drop program combines 3 different features into one easy tool that will set you apart from all the other buyers when speaking with agents and builders. Most people are saying the same thing…. reliable, access to investors that can close on time and deliver the rate they
We Have Loans for Borrowers Just 1 Day out of a BK or Even a Foreclosure! No Seasoning Requirements!
Loan Amounts up to $1 Million No mortgage/rental payment history required Multiple derogatory events within 2 years allowed 85% LTV Purchase or R&T Refi down to 660 FICO 80% LTV Purchase or R&T Refi down to 620 FICO 70% LTV Purchase or R&T Refi down to 580 FICO 80% LTV Cash Out Refi do
Benefits of Netting Escrow
Benefits of Netting Escrow Netting a borrower’s escrow during refinancing can make the process quicker. Instead of paying the new escrow amount out of pocket, a borrower can net, or apply the escrow balance from the original loan, using these funds to cover the difference for the new escrow account. Dependi
Freddie & Fannie Loans Compared
FREDDIE/LP Loans FANNIE/DU Loans NEW! BORROWER CONTRIBUTION - No minimum on primary >80% with or without non-occupant BORROWER CONTRIBUTION - from the borrower's own funds is not required - al
Specialized Financing for Stick-build, Modular and Manufactured Homes
FNMA, FHA & FINANCING AVAILABLE Permanent loan is closed before home is built. Creating new opportunities for more qualified borrowers As low as 3.5% down payment for FHA Zero down payment for VA with no mortgage insurance for most veterans Credit Scores as low as 530 for FHA and VA Borrower ma
MMG Weekly: Report Card in for 2016 Housing, GDP
Last Week in Review "Turn this house into a home." Luther Vandross. Existing Home Sales and New Home Sales followed a similar path downward in December. But the latest housing reports still had good news to share. Existing Home Sales closed out 2016 as the best year in a decade, though December's numbers were bel
HOMEREADY & HOMEPOSSIBLE Income & Property Eligibility
https://homeready-eligibility.fanniemae.com/homeready/ https://freddiemac.com/homepossible/eligibility.html ? Put the address of your subject property into the HOMEREADY & HOMEPOSSIBLE Income & Property Eligibility tool and if the income limit works for your loan then this product prices out MUCH better t
Purchase Power!!
3% Down* Reduced MI Coverage - 25% FTHB ALLOWED Down Payment Can Be A Gift 50% DTI Allowed* Conforming & High Balance Time To Get Home-Ready!
Our SELECT 24 Month Bank Statement Program
Self Employed Borrower Salaried Co-Borrower Allowed Personal and/or Business Bank Statements Allowed Interest Only & Fully Amortized 5/1 LIBOR ARM Purchase, Rate & Term Refinance and Cash Out Ask your Account Executive for Cash Out Maximum in Hand Owner Occupied, Vacation/Second Home, & Investment P