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Mortgage and Lending - Blue Ridge Bank Mortgage - NMLS # 78989
The goal of my blog is to give you real world mortgage solutions to actual mortgage scenarios I see everyday.

ARCHIVED BLOG POSTS

2015 

The Bureau of Economic Analysis reported on Thursday that the first reading on third quarter economic growth slowed mainly due to a decline in restocking warehouses. Gross Domestic Product grew at a 1.5 percent pace in the third quarter, down from 3.9 percent in the second quarter and just below ...
10/29/2015
September Existing Home Sales beat expectations and rose 4.7 percent from August to an annual rate of 5.55 million units, according to the National Association of REALTORS®. Year over year, sales are up nearly 9 percent. All four major regions of the country experienced sales gains.
10/23/2015
Does anyone understand how to count Pastoral Housing Allowance Income in order to obtain a mortgage loan to purchase a home in NC, SC, VA, or GA?You are going to say “Amen, it’s about time someone understands my income!” because we do understand pastor, priest, or reverend income and it is a litt...
10/21/2015
New home construction jumped in September after declines in the two previous months. The Commerce Department reported that September Housing Starts rose 6.5 percent from August to an annual rate of 1.206 million units, above the 1.150 million expected. The report went on to reveal that single-fam...
10/21/2015
It is a given that every coastal Realtor, insurance agent, & mortgage lender should be familiar with flood insurance but there are also plenty of non-coastal properties in flood hazard areas because of being located near a river, lake, or in a low lying area where water can rise.  Below we asked ...
10/13/2015
Often you hear many complaining about no one can get a loan, guidelines are too strict, & lenders won’t go the extra mile.  So that is why we LOVE sharing our buyers’ success stories.  Check out these 3 VA Home Loan Successes!Contrary to belief, VA will allow excess acreage on appraisals:Most thi...
10/09/2015
Realtors local to Fayetteville can complete 4 hours of Continuing Education on November 12th, 2015 which will be offered by Team Move OVM and NC Housing Finance Agency.Sign Up Here Products explained in the class will include: 15,000 Special Down Payment Assistance Product Available to Cumberland...
10/07/2015
Home prices, including distressed sales, rose 6.9 percent in August 2015 from August 2014, due in part to higher demand along with constrained supplies. In addition, an improving job market and an uptick in wage growth in the last year, coupled with historically low mortgage rates, are further st...
10/06/2015
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Russell Smith

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The goal of my blog is to give you real world mortgage solutions to actual mortgage scenarios I see everyday.