Currently viewing the category: "Mortgage and Financing"

Dear current or ex Military,

Get up to $417,000 through your VA home loan to make
your dream of home ownership a reality. If you already own a home, refinance now and put the value of your home to work for you.

 Lower Monthly Payments
 Lock in a Low, Fixed Interest Rate
 Pay-off High-Interest […]

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Location and credit?

On February 14, 2011 By

Good credit and continued income stream? It could be your year.

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Interest rates

On February 12, 2011 By

Interest rates are going up. This could be temporary, but it probably isn’t. Be prepared for interest rates to rise quickly, then level off and even get a little better. Each bump will probably leave us with a little higher interest rate.

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Owner Financing

On February 12, 2011 By

Is owner financing an option for me?

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Overbidding on REO can backfire
Home Sale Hindsight
By Tara-Nicholle Nelson
Inman News™
February 04, 2011

Q: I’m trying to purchase a house in Nevada. The bid was accepted, but in the addendum it states that if the appraisal is lower than the offered price, the buyer will pay the difference […]

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VA Loan Limits for 2011

On February 10, 2011 By

VA loan limits for 2011 have been published. As in 2010, most counties have a VA loan limit of $417,000. But, in some higher-cost counties the loan limits for VA mortgages are more than $417,000, reflecting values in those unique real estate markets. …one can expect the VA loan limit to remain at $417,000 in […]

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Rates are moving up, breaking through relative long-term averages. If you are considering refinancing…and have waited for the bottom this could well be the TOP of the recent bottom. All indications are that interest rates on mortgages will continue to go up in the foreseeable future. I would imagine that this will also tend to loosen borrower requirements. It just stands to reason that as there are less motivating factors to create a new loan, it will become easier to get a new loan. They have to make loans to stay in business….Louis

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