Peachtree City FHA VA USDA Mortgage Loans

Many people ask us regularly about their ability to obtain mortgage loans on their homes here in Peachtree City in the current recession.  We should consider ourselves to be quite fortunate, as the values here have only dropped a small amount.  That being said — mortgage financing in Peachtree in today’s market is all about [...]

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Virtually every day I get calls from customers wanting to buy 10+ properties from a bank or institutional seller.  With the lack of credit and capital available, I find this amazing!
The reality is that the deals available today will make people rich – extremely rich.  Properties are selling for 25-40% on the dollar……unprecedented discounting.
If you [...]

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Here are some details of the very recently announced program by Fannie Mae.  This won’t help everyone, but it will free up room in many homeowners monthly budget.
Can closing costs be rolled into the new loan? – Yes, as long as the new first mortgage loan will not exceed 105% of the appraised value.
What about [...]

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It’s been over a year since the subprime and Alt-A meltdown that forever changed the mortgage industry.  The interesting thing is that we still get calls on a weekly basis asking for “stated loans”, or no documentation loans.  The conversation typically goes like this….
Caller:  Hi…My name is XXXX and I’m looking for loan to buy [...]

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The media is full of information about how great the loan rates are and how bad the housing market is.  What is not covered as often is the more strenous qualification process that Fannie/Freddie have imposed.  Whereas before it was quite easy to be approved for your new loan wtih credit scores down to the [...]

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