Category Archives: mortgage

Waiting to buy a house? It’ll cost you

We can help at Just click here and let the search begin. From Yahoo: Experts agree: There’s no better time to buy a home than now. Find out why. By Lee NelsonMay 28, 2014 12:41 PM Timing is everything when it comes to a lot of things – baking a soufflé, fertilizing your lawn, and […]

203(k) Mortgage explained

FHA loans are categorized by how the Federal government insures the loan. 203k is used when a buyer wants to roll some repairs into loan. Generally the buyer has to pay a inspection fee for draws on the loan as work is completed. From Hud website: 203k Rehabilitation Mortgage Insurance Streamline 203(k) Mortgage The “Streamline”(K) Limited Repair Program permits […]

Are You Eligible for Mortgage Settlement?

Federal Government & Attorneys General reach landmark settlement with major banks Roughly $25 billion in relief for distressed borrowers, states and federal government. After many months of negotiation, 49 state attorneys general and the federal government have reached agreement on a historic joint state-federal settlement with the country’s five largest loan servicers: Ally/GMAC Bank of America Citi […]