RECENT BLOG POSTS
What is a 2-1 Buydown Mortgage?This mortgage is a 30 year fixed product. It is not an adjustable rate mortgage. This type of mortgage gives the potential borrower the means to have the first two years of their mortgage at a reduced payment. Think of it as a subsidy for the borrower that is pla...
12/12/2007
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If you are currently in an adjustable rate mortgage that is going to adjust in the next 16 months then you may be a candidate for loan modification. Loan modification is being used increasingly by lenders to help people stay in their homes. Believe it or not lenders do not want to take your ho...
11/03/2007
In today's market there are plenty of people that have their homes currently listed on the MLS. They can be first time homebuyers looking to move up, people looking to relocate and investors looking to move their inventory. At some point they may decide to take their home off MLS to refinance t...
07/09/2007
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I became a Mortgage Broker 5 years ago, and one of the myriad things I learned about was discount points. I asked many questions on many different topics but the one item I always came back to were the Discount Points. What are they? Do you know? If you are a Realtor have you seen them on a ...
07/08/2007
So there I was quietly minding my own business while perusing blogs on the RAIN when I came across these two very strange blogs within the same time frame....They were all about MEME....Here were these two unsuspecting souls minding their business when somebody out of the blue TAGGED THEM....My h...
07/06/2007
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Purchasing a Home Your CostsThere are many steps in the purchase of your new home. Below is an outline of what you should expect after your offer has been accepted by the Seller.Once you have made an offer and it has been accepted you will be asked by your Realtor to place the required good fait...
07/02/2007
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I am a newbie to Active Rain and I must say that I have become absolutely addicted in a very short amount of time. As a person who likes to devour information I am flummoxed about two particular things on this website and I am hoping than someone can give me the answers am I am seeking. First w...
07/02/2007
10
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Congratulations! You finally found the house of your dreams. You made a bid, had it accepted by the seller, and went through the mortgage application process. It looks like you'll qualify. The closing is only weeks away, and you're feeling pretty good.It's smooth sailing from here, right? Pr...
06/28/2007