In the exciting journey of purchasing a home, navigating the terminology and processes involved can feel like diving into a sea of jargon. Two terms often encountered in this realm are "mortgage … [Read more...]
How Much Do Inquiries Hurt My Score?
Credit inquiries can but do not always hurt your credit score to the extent it influences your mortgage qualification significantly. It is no secret that credit inquiries have an effect on your … [Read more...]
Home Shopping In 3 Steps
The dumb down 3 step home shopping process is easy and simple. I've shared this with many of my past mortgage clients over the past 10 years. Home buying clients of mine came to me 5, 6, 7, and/or 8 … [Read more...]
Part I: How To Prepare for My Home Loan Process
NEEDS DOCUMENTATION LIST FOR YOUR TRANSACTION Fannie Mae and Freddie Mac are the governing bodies of home loans in American, and any loan originated through an FDIC related lending … [Read more...]
Home Buyer Tax Credit Expiring
It looks like all hopes for an extension on the First Time Buyer and Move Up Buyer Tax Credit are dwindling. Not too long ago, here, you found the post about the chances of the Tax Credit being … [Read more...]
Tax Credit Ending and Maybe For Good
Realtors, Custom Builder company owners, title agents, and loan officers look for another tax credit extension, but economists and senate gives signs that it won't. One meeting after another, … [Read more...]
Brad Lynch You Tube Mortgage Clip Introduction
Who is Brad Lynch, and at what angles does he go about business as he works with First Time Home buyers, Move Up buyers, VA prospects, and FHA prospects in Frisco, Plano, McKinney, and North Dallas to … [Read more...]
Tax Credit Extension…Almost There and It Includes Move Up Buyers
The Senate has done their part in a 85-2 vote to move the tax credit forward. Now, Obama can put his blessing on the bill this week or next and it'll be official. This makes it a farely certain deal … [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...]
$8,000 Tax Credit Towards FHA Downpayment
HUD Secretary Donovan appeared at a NAR yesterday, and this is an exact excerpt of his remarks: "We all want to enable FHA consumers to access the tax credit funds when they close on their home loans … [Read more...]