Sue's Blog

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Mortgage and Lending - Waterstone Mortgage Corporation
RECENT BLOG POSTS
OKALOOSA COUNTY   MSA Name MSA Code Division County Name CountyCode State One-Family Two-Family Three-Family Four-Family Last Revised FORT WALTON BEACH-CRESTVIEW-DESTIN, FL (MSA) 23020   OKALOOSA 091 FL $312,500 $400,050 $483,550 $600,950 03/05/2008 WALTON COUNTY MSA Name MSA Code Division County...
08/28/2008
With the increase in FHA loans (which have up front and monthly mortgage insurance), it's important to know, for yourself and for your clients, that Mortgage Insurance Premiums are tax deductible on Federal Income Tax Returns. This deduction is for both government and private mortgage insurance p...
08/28/2008
Effective with all case numbers on or after 10-01-2008, FHA has announced new FHA MIP amounts! Up Front MIP - 1.75% - Purchases and Qualifying Refinances1.5% - Streamlined Refinances3.0% - FHA Secure (Delinquent Borrowers) Annual MIP - 0.55% - over 90% LTV greater than 15 year term0.50% - less th...
08/27/2008
The USDA Rural Development Guarenteed Loan is quickly establishing itself as the most cost effective Rural Housing Loan anybody could use. Our Rural Housing Loan will save your buyers a truck load of cash and help them keep their money in their bank account after closing! Here's a comparison of a...
08/27/2008
When you think of USDA I know the first thing you think is HOME LOAN FINANCING!  Right?  Actually, if you're like most Americans you probably think of Milk, Cows, Pigs, Corn, Farms and a beautiful farm house.  Anything but mortgages. Rural really isn't all that rural.  Here is a picture of a farm...
08/27/2008
If you have never been to the Panhandle of Florida, or if you have been wanting to come back to visit, here is a GREAT reason to come, aside from our awesome beaches and the great weather this time of the year! Join us for a round of golf! The REALTOR® Outreach Committee (ROC) of ECAR (Emerald C...
08/27/2008
With the current market conditions, many homeowners are faced with mortgages they can no longer afford on homes that may be worth less than they owe.  A large number of these homeowners are becoming delinquent on their mortgages and, in some cases, are going to foreclosure. When you find yourself...
08/27/2008
If your buyer is eligible for a VA loan, and are looking to purchase a primary home, the following information may be VERY helpful to you. We have found that Rural Housing loans or FHA loans, the Rural Housing loan in particular, can be the best mortgage available, even better than a VA loan in m...
08/26/2008
In this day of "post mortgage meltdown", buyers are being forced to actually qualify for the mortgage they are getting.  Because most first time homebuyers are doing FHA or Rural Housing loans, your buyer will not be able to buy more home than they can afford due to:   FHA has a maximum debt to i...
08/07/2008
Rainer
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Sue Botelho

USDA Rural Housing Mortgage Pro
local_phone8(503) 626-9012
smartphone(850) 797-7946
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