Core Mortgage Financial's (core1020) Blog

The tradition of celebrating Labor Day as a national holiday is over one hundred years old. From its original conception as a labor union celebration, it has grown to be symbolic of the end of summer activities. It began in 1882 in New York as a parade by the Knights of Columbus to give credit fo...

National Mortgage Rate Average for a 30 Year Fixed is 5.16% with .70% loan origination Core Rates: 30 Year Fixed 4.625% with .80% Loan Origination 30 Year Fixed 4.80% with NO Loan orgination 15 Year Fixed 4.25% with .80% Loan Origination 15 year Fixed 4.5% with .25 Loan Origination  Why clients c...

National Mortgage Rate Average for a 30 Year Fixed is 5.19% with .70% loan origination CORE Rates: 30 Year Fixed 4.625% with .80% Loan Origination 30 Year Fixed 4.875% with NO Loan orgination 15 Year Fixed 4.375% with .50% Loan Origination 15 year Fixed 4.125% with 1.125% Loan Origination   Marke...

We can Finance Non-Warrantable Condo's in the state of Florida 20% downpayment 4.5% interest rate This is becoming a huge issue in Florida. Fannie Mae has specific guidelines on what makes a condo warrantable. The requirements of warrantability include these typical benefits: The condominium proj...

National Mortgage Rate Average for a 30 Year Fixed is 5.21% with .70% loan origination Core Rates: 30 Year Fixed 4.625% with .80% Loan Origination 30 Year Fixed 4.875% with NO Loan orgination 15 Year Fixed 4.25% with .80% Loan Origination 15 year Fixed 4.5% with NO Loan Origination   We always BE...

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...

We have the BEST Mortgage Rates in Naples.  click here to get preapproved.   National Average 5.29% with .70% loan origination    Our rates 4.625% with 1% loan origination   4.875% 30 Year Fixed with NO broker points.   4.25% 15 year fixed with 1% origination   4.5% 15 year fixed with NO points  

We have the BEST Mortgage Rates in Naples.  click here to get preapproved.   National Average 5.32% with .80% loan origination    Our rates 4.75% with 1% loan origination   5% 30 Year Fixed with NO broker points.   4.125% 15 year fixed with 1% origination   4.5% 15 year fixed with NO points      

I have recently been asked about Veteran's assuming  VA Mortgages in Florida. An assumable mortgage loan is one that allows a new home buyer to take over the obligation of the seller's loan with no change in loan terms. This is generally true of loans without Due-On-Sale Clauses. Due on Sale caus...

We have the BEST rates for VA loans in Orlando, Florida. With over 50 lenders in our portfolio, this gives you the POWER to receive an awesome RATE! I am a veteran myself and understand VA loan guidlines. You can rest assured when you call me, I understand you. I believe it my calling to assist a...