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29th September 2009
Even as the government toils to assist in loosening credit offered by banks, there is one home loan product that is getting much costlier and harder to obtain, namely the jumbo mortgage (non-conforming mortgage).
A jumbo mortgage loan is a program tha... Read >
Author: Ray28th September 2009
What credit crunch? That's what many home buyers with solid credit and enough money for the down payment are saying during the current downturn in the real estate market. They are much better positioned than they were before the market turned down.
A... Read >
Author: wbdoyle16th September 2009
By now unless you've been living in a cave, you almost certainly know that as a result of the financial meltdown mortgage lending has changed permanently. And unfortunately for most home buyers, the change is not beneficial. And while some changes to mort... Read >
Author: Ron Stone16th September 2009
During the Go-Go years of mortgages (and other financial transactions) there were almost as many variations of mortgages
as there were prospective borrowers. Included in these mortgage loans were stated income loans, sub-prime loans, 100% loans, no doc ... Read >
Author: Ron Stone13th September 2009
Reverse mortgages are gaining in popularity as more seniors are reaping the benefits and feel comfortable using this relatively new type of financial product. However, refinancing of these is often overlooked. If you need extra funds then this could be an... Read >
Author: Hugh Hurst11th September 2009
Loans or lending is crucial to control financial inabilities of an individual. Loans are provided for a certain interest rate. Home loans are a favored concept nowadays. This promises citizens to save their taxes, as well as build their dream home. Ba... Read >
Author: Hugh Hurst03rd September 2009
Let's face it, not everyone has enough money on his bank account to buy a house. If you are an average American, chances are you need a mortgage loan.
There are many types of mortgages and these can be classified into 2 categories. These are conve... Read >
Author: robertson30th July 2009
With a few moratoriums in action, the foreclosure rates are slowing, yet more properties are on the home foreclosures for sale list. Despite of Obama’s plans to halt foreclosures the number of homes for sale is steadily increasing. South Florida around ... Read >
Author: JosephSmithJr28th July 2009
Home Valuation Code of ConductImplemented on May 1 of 2009, the Home Valuation Code of Conduct was designed by Fannie Mae, Freddie Mac, and the Attorney General of New York. Its purpose is to limit influences of third parties on home appraisals.One way t... Read >
Author: Johnnie Berg11th June 2009
The course of a financial market, particularly the real estate market, is a long and winding road full of twists and turns and unexpected outcomes. It was certainly foreseeable that banks and builders might fail and the GSEs might need to be bailed out, b... Read >
Author: Robert Bell05th June 2009
Jumbo Reverse Mortgages, also known as Proprietary Reverse Mortgages were loans designed and offered by financial institutions that enabled owners of high value homes to access greater amounts of their home equity than was available from the government in... Read >
Author: Shawn Everett11th May 2009
Many homeowners in luxury home areas know that jumbo home loans have increasingly become more costlier and more difficult to get approvals due to the current constraints on credit from lenders. This trend may be showing signs of a turn.
The meaning o... Read >
Author: Ray26th April 2009
With interest rates lower than they have been in 20 years, this seems like the ideal time to borrow money for a home. Many home loans are now being offered at interest rates below 5%. It only take a couple of percentage points on a loan to make a large di... Read >
Author: Jerry Work28th January 2009
A jumbo loan is different than a conventional home loan also called a conforming loan. A jumbo loan is a loan that is in excess of Fannie Mae guidelines. Fannie Mae’s limit can change each year but due to the decline in home prices it is unlikely to ris... Read >
Author: Frank16th January 2009
A mortgage that helps you to get the loan amount greater than the loan limits set by Fannie Mae and Freddie Mac are called jumbo loans. These are the loans above the conventional conforming loans that follow the GSE guidelines. Fannie Mae and Freddie Mac ... Read >
Author: Jamie Hanson09th January 2009
Spring Manufacturer Buy Wholesale
Like the legendary search for the Holy Grail, the cup that Jesus drank from at the Last Supper, the same "holy crusade" goes on today by veteran and newly anointed business owners for the perfect wholesale, surplus, an... Read >
Author: Lori08th January 2009
On July 30, 2008 United States President George W. Bush signed into law the Housing Stimulus Bill H.R. 3221, now dubbed the “Housing and Economic Recovery Act of 2008”. This historic bill was previously passed in the House of Representatives by a vote... Read >
Author: Brian S. Icenhower23rd September 2008
In the Foreclosure Niche, you take control of a property by “getting the deed” and selling the home to an investor or owner occupant depending on the price range, neighborhood and condition of the house. By Focusing on Luxury and Higher end Home forec... Read >
Author: D.C. Fawcett08th September 2008
When the Fed lowers interest rates, as it continued to do this week, everyone gets excited and there is a lot of buzz about the real estate market. But - when it comes to you and me - what do these lower interest rates really mean? Here are some examples:... Read >
Author: Irene Gaffigan08th September 2008
Jumbo loan rates may leave you with more questions than answers. Exactly what is a jumbo mortgage, who would get one and why? Where did the name jumbo loan originate and are these type of rates different than other types of loans?
Any type of loan that... Read >
Author: Barry Crewse11th July 2008
When thinking of buying a home, sometimes, it is a tedious process to select the best mortgage company to choose for your loan concerns. Even the thought of mortgaging is frightening especially if you know where you stand in your credit history. You may f... Read >
Author: Sammy Sweet25th April 2008
A Jumbo Mortgage is a mortgage with a loan amount above conventional loan limits. Jumbo mortgages are used to purchase high-priced homes that require larger than normal loans.
A jumbo mortgage is nearly always considered a non-conforming loan because it... Read >
Author: ClaireJohnson18th April 2008
Colorado Jumbo Mortgages and Conforming Mortgages for You
It is best that you understand the different types of home loans available to you as you look for a Colorado mortgage. Two of the important terms to understand are jumbo loans and conforming loa... Read >
Author: Americanmortgage07th April 2008
The opportunities that exist in the foreclosure niche are huge right now and they are continuing to grow at a rapid pace. This is spurred by the increase in foreclosure rates across the country being led by California and Florida. Focusing on foreclosure... Read >
Author: D.C. Fawcett03rd April 2008
The opportunities that exist in the foreclosure niche are huge right now and they are continuing to grow at a rapid pace. This is spurred by the increase in foreclosures across the country being led by California and Florida. Focusing on home foreclosure... Read >
Author: D.C. Fawcett12th March 2008
In simplest terms, jumbo mortgages are loans taken to buy expensive real estate that exceeds loan standards for average homes.
How are jumbo loans different?
What differentiates jumbo mortgage loans is the loan amount. Currently, loan amounts greate... Read >
Author: Americanmortgage28th February 2008
Congress recently passed the Economic Stimulus Act of 2008. It's designed to inject $152 billion into the U.S economy. What does this mean to you?
You could be one of the 130 million taxpayers who will receive a rebate check this year.
If you own a... Read >
Author: Tom Wheelwright26th February 2008
Congress recently passed the Economic Stimulus Act of 2008. It's designed to inject $152 billion into the U.S economy. What does this mean to you?
If you own a business, your business can take advantage of two tax breaks: Increased Section 179 Amounts... Read >
Author: Tom Wheelwright04th February 2008
We hear about the subprime mortgage crisis daily, but are you too embarrassed to admit you don't understand what the fuss is all about? What exactly is this predicament the nation finds itself in? How did this debacle arise, and does it affect you? To ans... Read >
Author: Lucio Bernal24th January 2008
It has never been a better time to consider getting a home loan with rates at historic lows and home prices softening. Purchasing a home is often the biggest investment one will make within their lifetime. Prior to purchasing a home there are many thing... Read >
Author: Steve Cancel21st May 2007
Chase offers programs that fit specific needs whether it’s your first home, your second or a new vacation home you’ve been planning to buy. They offer several options that may just be what you’re looking for.
What loans are available for me?
... Read >
Author: Alan24th January 2007
If you are buying a home in a state with high prices, you know financing can be an issue. This brings up the issue of the jumbo loan.
The mortgage loans industry is unique compared to other financial markets. Why? Well, it has to do with the federal go... Read >
Author: Dan Lewis20th January 2007
Research and thorough knowledge are the initial steps to apply for any type of loan. For a home loan application procedure, the complete knowledge of one’s potential budget, the types of desired property, and the type of mortgage that will work best, ... Read >
Author: David wilson06th November 2006
When you hear about ‘jumbo loans’ one automatically thinks about a double mortgage. A jumbo mortgage is a mortgage with a loan amount that is actually beyond the amount of a standard loan limit. Jumbo mortgages actually apply when agency limits do not... Read >
Author: Keith Gill27th March 2006
With the raging hot real estate market of the last five years, mortgages have evolved wide spread options. The different home loans can be confusing, so lets look at the basic repayment options.
Repaying Your Mortgage Home Loans The Basics
Jumbo ... Read >
Author: Dan Lewis12th March 2006
Interest only jumbo loans are a unique concept for borrowing, whether for a house or another major purchase. A traditional loan requires that each and every month monies be paid toward interest and principal. Interest only jumbo loans require payment of i... Read >
Author: Patrick Altoft17th November 2005
In the past, homebuyers more or less had limited mortgage loan options. These days, there are more options than you can shake a stick at, but here's a primer on the basics.
Mortgage Loans
With the real estate market explosion over the last 10 years,... Read >
Author: Dan Lewis
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