Bob Rutledge's Blog

It's back! After leaving Missouri, St. Louis, St. Charles and the surrounding area HUD has brought back the $100 Down Payment Program for a limited engagement! $100, that is all you'll need for a down payment to buy a foreclosure offered for sale by the government. Yes, the U.S. Department of Hou...

Are you looking to purchase a home in a rural community, but wondering where to begin looking for help with a home mortgage? Good News! The U. S. Department of Agriculture (USDA) has a home loan guarantee program that can help you obtain a home loan mortgage. The USDA Rural Development mortgage ...

Since 1934, the Federal Housing Administration, (FHA) has offered home ownership assistance to Americans in the form of FHA financing. The program originated to combat the effects of the Great Depression, when the rate of foreclosures and loan defaults were high and home ownership for the average...

The FHA-insured mortgage market share has increased 10-fold since 2006, spawning a huge class of first-time FHA borrowers around the country. FHA mortgages are identical to conventional mortgages in most ways, they're offered as fixed rate or adjustable; they're available with 15- or 30-year term...

Home Loans for Those with Poor Credit and Low Income – St. Charles and St. Louis Missouri A low income coupled with a poor credit history does not necessarily make you ineligible for a home loan. Please, notice I used the word Poor and not Bad. Bad credit can stop you from getting a mortgage now ...

3 bedroom ranch home is for sale in Hazelwood Mo, and it is a must see! This beautiful and well maintained house for sale is the perfect home for a first time home buyer. This home is close to everything you want and need. The oversize garage is a rare fine and perfect for those rainy days. The f...

Refinancing your underwater mortgage, you do have options! Is your home underwater? You would like to refinance to a lower interest rate, save money every month, or shorten the term of your mortgage? There are just a few options available to home owners who has a mortgage that's underwater in St...

  Missouri veterans prefers a A VA (Veterans Administration) guaranteed home loan over other loans.  Why?For active, non-active, Reserve, National Guard, and retired military of the armed forces this loan is a great option because there is no down payment needed and no private monthly mortgage in...

  Your money will help you more when it is in your pocket and not the pocket of your mortgage lender. Most home buyers today whether they are first time home buyers or move up buyers are finding it difficult to keep their savings or coming up with the funds to close or for the down payment. Are ...

Are you a first time home buyer? Are you buying a new home in St. Charles, St. Louis or anywhere in the State of Missouri. Here is some help not only for FHA mortgages but for anyone getting a new mortgage. I have been a Mortgage Loan Officer in the St. Louis and St. Charles area for nearly 20 ye...