The basic loan types are Conventional (Fannie Mae and Freddie Mac), FHA, USDA, and VA. Most lenders typically require 640 credit scores or higher, but there are also Lenders that will go to 620 scores, and specialty lenders that will do FHA and
Mar 17, 2017 |
WANTED: PURCHASE LOANS AND REFINANCES. If you are considering a mortgage for a new home or a refinance of your current home, we want your business. We are the oldest Mortgage Broker in Central Virginia, and we really do offer the best rates and terms avai
Mar 10, 2017 |
What makes a great Mortgage Broker? First, one who will educate the Borrower on the entire loan process so that they feel 100% comfortable.2nd, One who will keep the Realtor, Title Comapany and Borrower abreast of the loan's progress along the way; an
Feb 18, 2017 |
The New FHA revisions to the lower monthly mortgage insurance costs have been taken away before they were to take effect 1/27/17. POTUS Trump and his cabinet has decided to freeze all such reductions that would have cost the Government more money, and thu
Jan 27, 2017 |
2017 has opened with new revisions in the mortgage market to hopefully stimulate the market and allow more homes to be sold and get financing. USDA has lowerd its up front guarantee fee from 2.750% to 1.00% and its monthly USDA fee from .50 % to .35
Jan 06, 2017 |
The Trump effect on the financial markets is overwhelming! The doom and gloom projected has turned out to be anything but. The stock market has increased to record highs and the consumer's trust seems to have increased as well. With all of this enthus
Dec 02, 2016 |