Unlike FHA and Conventional loans, VA does not have a guideline that says a borrower can not get a loan on a home that has a short chain of title. Define: Chain of Title - A chain of title is … [Read more...]
Frisco Home Buyers Gamble With Prompt Closing Using Their Local Bank
In the last 2 weeks, I have received a number of new referrals from Realtors that have home buyers in Frisco, Little Elm, and Coppell. Why is this significant? All had seen their closing date on … [Read more...]
6 Easy Steps to Shop for Your Mortgage and Be Successful
After 8 years helping families find the right loan for their needs, I want to tell you how I would shop for a loan if I were no longer in the business. Please note, if a good deal to you in buying a … [Read more...]
Using a USDA Mortgage for 100% Financing…No Down Payment
Many people do not think of housing when they hear USDA...they think of rural life farm animals, and not a mortgage that brings together the need to buy with no out of pocket money toward down … [Read more...]
Tax Credit Will NOT Be Available for Downpayment
$8000 FTHB Tax Credit Cannot be used For Downpayment As of Today The SECRETARY of HUD made an announcement Monday and a HUD/FHA letter was published on the website Monday night stating the the $8000 … [Read more...]
How is the Government going to get mortgage rates down to 4%?
Too often, the media passes over a story and doesn't do a good job explaining HOW. Sometimes the "HOW" is more simple than we expect, but if so, take a minute to mention it. The question, "how is the … [Read more...]
100% Financing, No Down Payment, USDA Loan for Chameleon Lending, and the Chameleon=aire
Lets step away from the so controversial "Bailout" talk for a minute. This is an industry for Realtors and Lenders that are willing to change right now. As water runs from a wide space to a tight … [Read more...]
