ARCHIVED BLOG POSTS

2009 

I have another program available for foreign nationals. This product is 30% down payment. Available only on the west Coast of  Florida.  ( Tampa to Marco Island) Rates are around 6% but subject to change according to the risk factors.  
09/30/2009
Full Doc Only / Loans Available throughout Florida • 25 year term 3 Month LIBOR based +2.5 No Pre Pay Penalty   Current Rates are 3.49% to 4.25% • Purchase, Rate and Term and Cash Out • Second Home or Investment Only • Minimum Loan Amount $150K • Max Loan Amount $10 Million dollars • 50% LTV • Ma...
09/30/2009
0 Comments
National Mortgage Rate Average for a 30 Year Fixed is 5.08% with .50% loan origination Core Rates: 30 Year Fixed 4.5% with .5% Loan Origination 30 Year Fixed 4.625% with NO Loan orgination 15 Year Fixed 4.25% with .90% Loan Origination 15 year Fixed 4.5% with NO Loan Origination  I would LOCK you...
09/30/2009
0 Comments
The $8,000 tax credit ends on November 30, 2009. I would strongly recommend finding a property NOW ! The maximum tax credit is $8,000 for either a single taxpayer or a married couple filing jointly. It is 10% of the purchase price. So in order to get the maximum credit, the purchase price must be...
09/30/2009
3 Comments
The nation’s banks are still in a terrible financial meltdown. Despite the government TARP bailouts we still have lost eight-four banks this year and counting.I would guess we will lose another 100 banks compared to twenty-five last year. The main reason is increased unemployment and folks cannot...
09/30/2009
0 Comments
LOAN DOCUMENTS REQUIRED TO COMPLETE LOAN TRANSACTION ____ Original bank statements for the last 2 months. One quarter statement for IRA's stocks etc ____ Earnest Money Contract + cancelled check for deposit for purchases ____ Mortgage statement on the mortgage that we will payoff (if refinance) _...
09/30/2009
0 Comments
We are VA loan experts in Tampa, Florida. Why clients choose CORE Mortgage Financial over local banks.   Better rates We control the entire loan process More lender selection Wide variety of niche programs First class service We don't get paid unless the deal closes ( IE more reason to work hard ...
09/30/2009
0 Comments
National Mortgage Rate Average for a 30 Year Fixed is 5.09% with .60% loan origination Core Rates: 30 Year Fixed 4.625% with .5% Loan Origination 30 Year Fixed 4.75% with NO Loan orgination 15 Year Fixed 4.25% with .80% Loan Origination 15 year Fixed 4.5% with NO Loan Origination   Market Update:...
09/29/2009
It's apparent that lending standards seem to be getting tighter not looser. I spend at least an hour a day research lender guidelines to ensure loan products are still available for my clients. The main reason for the changes is the appetite for investors to purchase loans has severely been hampe...
09/25/2009
0 Comments
Condo financing has been even more difficult to complete from one year ago. The main reason is the significant amount of foreclosures and lack of the Association financial strength. Fannie investor rule implementation requirements are very strict. I am having an issue with one loan right now due ...
09/24/2009
Rainer
50,980

Core Mortgage Financial

local_phone(239) 514-2673
Contact The Author