Posts Tagged 'fannie mae'

Everybody Loves These Loan Programs

We wish everyone a happy and properous 2013. As we approach spring home buying season and interest rates continue to trend higher, the following programs may be beneficial to you or your friends & family. Some of these programs were specifically designed for those who don’t have 20% down for purchasing a house, currently own a house or investment property that you want to refinance but don’t have enough ...

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Refinance Program HARP 3.0?

The buzz on Capitol Hill is that Congress is considering a bill dubbed “Responsible Homeowner Refinancing Act of 2012” – HARP 3.0. The bill is designed to streamline the refinancing process for underwater homeowners on mortgages held by Fannie Mae and Freddie Mac. HARP 3.0 may never pass but at least “faster and less expensive” refinances for stressed homeowners are still on the radar ...

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Lending to get tougher? Plus rates…

We all think current lending standards are tough… Well the Government is now proposing even tougher mortgage lending guidelines for 2012.  As you may know 95% of loans originated are purchased by Government-Sponsored Entities (Fannie Mae and Freddie Mac) since there are not many “Private” money lenders like we had during the “bubble” years. We think these new rules maybe a way for the Government to wind down the GSEs and significantly ...

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Three New Programs You Should Consider

These programs were specifically designed for those who don’t have 20% down for purchasing a house, currently own a house or investment property that you want to refinance but don’t have enough equity, or the house is considered “underwater”(When you owe more than the house is worth). These programs maybe just the solution, so give us a call anytime for more information.  Also stay tuned for two new low income home purchase programs coming soon..

Enhanced Private Mortgage ...

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Update from Trulending….

We constantly research the mortgage banking industry looking for competitive advantages and market niches to provide you with the best products and pricing available.  Our boutique approach to lending has been a successful business strategy as big banks continue to lose customers to us and other smaller efficient lenders.

We are proud and excited to announce that we have forged new partnerships to expand our current product offering and provide you with ...

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