Bill McDonald's Blog

Register For Next Weeks Class Here This Week’s Class:   Tech savvy Listing  presentation with new tools, systems and strategies that tie in social media and technology?

On April 1, 2012, FHA mortgage insurance premiums (both the upfront and monthly Premiums) will increase to replenish the FHA depleted accounts. Although FHA  mortgage interest rates continue to remain at all-time lows, FHA mortgage fees are increasing, making the cost of buying a home or refinanc...

Can I get a VA IRRRL Streamline Refinance for my Rental home?   This is a common question for Veterans and Active Duty Military Personell who have utilized their VA Benefit to purchase a home using a VA Loan, and then are transferred to another area, often via PCS.   Or if they have purchased ano...

Tennessee VA Home Loan - It is an honor when I get the opportunity to help U.S. military  veterans and their family purchase a new Tennessee  home together. Providing great care and service throughout  the home loan process is the best way that I can say  , “Thank You” to our U.S. Veterans.   Th...

Conventional vs. VA Loan See the unique advantages of a VA Loan As a result of the many changes to the mortgage industry, the options for a conventional loan with $0 Down have disappeared and a VA LOAN is one of the only Zero Down home loans left.  Not only can you save with a VA Loan by not havi...

Has your application for a home loan or mortgage been turned down, declined or denied?      There are many reasons why a home loan or mortgage application would be turned down, declined or denied. 1. Low Credit Scores: The minimum credit score requirements for home loans have risen over the last ...

Tax Cut to be Financed by Higher Mortgage Rates   In 2011 Congress voted to decrease the employees portion of the Social Security tax from 6.2% to 4.2%.  This cut was set to expire, and the rate go back to the 6.2% it was before, but was a two month extension was recently signed by the president....

Are you getting Married Soon?  Helping a friend or a family member prepare for an upcoming celebration of love in 2013 or 2014?  You owe it to yourself to speak with Allie of Weddings by Allie any time you are looking for a Wedding Planner in Baton Rouge.   Allie has been helping with Baton Rouge...

Naturally, if you’re paying 5% for your mortgage and you can refinance at 4%, you’re gonna do it. Although cutting your monthly payment remains an prime motivation, there are at least five other reasons people often consider a mortgage refinance. 1. Change your mortgage term If you decrease the t...