Adam R. Cohn's Blog

What is Twitter? Whether you think you need to be on Twitter or not, you cannot argue with the fact that millions of people actively use Twitter as a regular form of communication or medium for news, information and entertainment. In addition to the widespread usage of Twitter, the platform acts ...

Condominiums with only 5% Down! Did you know you can put down as little as 5% when buying a condominium as a primary residence? More and more condo buildings are becoming warrantable without having to put 25% on a primary residence. The main issues we run into on the lower down payment condos are...

FHA reduces waiting times for foreclosures, bankruptcies     The Federal Housing Administration has announced in a letter to mortgagees that it will reduce the time homebuyers must wait after a bankruptcy, foreclosure or short sale before qualifying for an FHA-backed mortgage. The period had prev...

Mortgage Credit Certificate – Get up to $2k per year!     We are now participating in Mortgage Credit Certificate (MCC) Program.  This is not only for Fort Lauderdale and South Florida.  It is for the entire State of Florida.   WHAT IS IT?   A Florida Housing Mortgage Credit Certificate (MCC) all...

Big Bank Denial Rates   This is an interesting chart from MarketWatch showing the different denial rates of the big banks and exactly why a mortgage is more than just an interest rate and a “Pre-Approval”  - “The Bank That Rejects The Most Mortgages.” Getting a Pre-Approval from a lender who coll...

5191 SW 188TH AV , Southwest Ranches, FL 33332     List Price $449,000 This beautiful listing is priced at $449,000 and is eligble for conventional financing with as little as 10% down.  Purchase price of $449,000 less 10% down payment = Total loan amount of $404,100.  Total princple & interest p...

FHA reduces waiting times for foreclosures, bk & short sales   Good Morning,The Federal Housing Administration has announced in a letter to mortgagees that it will reduce the time homebuyers must wait after a bankruptcy, foreclosure or short sale before qualifying for an FHA-backed mortgage. The ...

FHA or Conventional? Since FHA has changed their guidelines since June 3, 2013 requiring you to keep the mortgage insurance on for the life of the loan on a 30 year fixed rate mortgage when putting less than 10% down now is the time to be looking at a 3% down payment Conventional loan. This is a ...

How To Be A Top Mortgage Lender Or Broker In Boca Raton Or Anywhere By. Adam R. Cohn Sr. Loan Officer At Primary Residential Mortgage, Inc. 561-289-0125 What does it take to get to the top, and be top of mind among many Real Estate Agents in you're area? It starts with a four letter word, LOVE.  ...

Average Mortgage Payment In Boca Raton, Florida By. Adam R. Cohn Sr. Loan Officer At Primary Residential Mortgage, Inc.   According to Trulia.com the median sales price for Boca Raton, Florida as of May 2013 is $210,100. I found a home for sale at 22505 Labrador St, Boca Raton, FL 33428 priced at...