Alex Echeandia's (alexecheandia) Blog

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Mortgage and Lending - Primex Mortgage
RECENT BLOG POSTS
Upcoming FHA changes There are new FHA MI changes coming in mid April. They will apply to any new case number requested after April 18, 2011. The changes will be increasing the monthly MI on FHA loans. A case number is something requested from FHA, when you have an application and a subject prope...
02/23/2011
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Refis are the process of reinstating the subsisting debt obligation into other obligations. This is carried out under different terms and conditions. Refis are usually done on mortgages, when the borrower wants to manage the loans or finds it difficult to pay the money. Refis helps the borrower e...
02/11/2011
FHA Reverse Mortgages for Consumers: Home Equity Conversion MortgageThe Home Equity Conversion Mortgage (HECM) is FHA's reverse mortgage program which enables the borrowers to withdraw some of the equity in their home.  The borrower can choose how they want to withdraw their funds, whether in a f...
02/11/2011
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Financing is a way of obtaining money for the purpose of acquiring assets.  There are different types of financing available in business.  There are short term loans, personal loans, mortgage loans, secured loans and unsecured loans.  However, one of the most   popular financing programs for hous...
02/11/2011
District of Columbia has framed separate rules on mortgage loans. For obtaining a mortgage, the credit certificates and income levels are verified by the lenders and the loans are paid according to the requirements of the borrower. After the money is lent, the lender and the borrower follow the s...
02/11/2011
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Mortgage loans are available for people from different aspects of life. VA loans, FHA loans are some of the popular loans. Added to this category are the loans that are available for the self-employed people. Self-employed mortgage home loans have helped this group make their dream come true of o...
02/11/2011
Having your own home makes life a lot easier. But not many people can have so much of cash to pay for a house. So they may have to borrow money from banks or lenders. A large portion of the value of a house or property is financed by these lenders, which is called mortgage loan, the amount of whi...
02/11/2011
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VA home loan program was created to help veterans finance their purchase of homes.  Veterans include certain members of the Selected Reserve, active duty service personnel and certain categories of spouses.  It is a mortgage loan program established by the Department of Veterans Affairs of United...
02/11/2011
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VA financing is the home loan guaranteed program to US veteran. This enables the veterans or the spouse of the veteran to access the loans and make their dream of buying a house come true. This allows the veterans to access long term financing without a down payment. FHA and other private loans a...
02/11/2011
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Virginia mortgage rules are strictly followed. On obtaining a mortgage, the borrower has to submit a form to the lender. The lender verifies the form and demands mortgage details of the property from the borrower. The borrower then has to submit a separate written document about property, credits...
02/11/2011
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