Have questions about mortgage financing with bad credit?  Then utilize our live help chat line! 

 

Just click the icon in the upper-right corner of this blog and you will be connected with one of our experienced loan officers.  If we aren't online, you can still utilize this tool.  If not online, we will receive your question by email and will respond promptly.

 

Please consider us a resource!

You may have heard about the new $7500 tax credit available to first time homebuyers under the new Hope For Homeowners plan that the government recently passed. 

 

On the surface, this seems like a great program, and it is as long as consumers understand it.  The $7500 is a credit, not a deduction, which means you file for the credit as part of your 2008 tax returns, and will receive a check for ...

As part of the new HR 3221 Hope for Homeowners bill passed recently by congress, down payment assistance programs will be going away October 1st.

 

Down payment assistance programs have been used for years to help millions of families buy a home who could not afford to save the 3% down payment required by FHA. 

 

However, because of higher delinquency rates for FHA mortgaged homes with borrowers who used down payment assistance, ...

Our partner website, VA Home Loan Help, has been launced!  VA Home Loan Help has been created to service the unique needs of active and retired military seeking VA home loans and VA mortgage information.

 

Despite the continured threat of higher inflation, mortgage rates remain great in August.  There has been quite a bit of market fluctuation the past week.  Rates appeared poised to go up significantly last week after the FOMC meeting and policy statement, but rebounded and are now at about the same levels as before the meeting.

 

 

If you have been on the sidelines waiting for rates to go down further, this may ...