Loan Types

That's how I roll icon

What is a Mortgage? (Probably more than what you think)

Time to break things way down.  Let’s deconstruct what exactly it is we’re dealing with here in the mortgage industry.  I’ve been in the mortgage loan game since 2003 and it never ceases to thrill me when we close and fund another one!  Why you ask?  Because the great thing about making a mortgage not …

What is a Mortgage? (Probably more than what you think) Read More »

The END of Tightening Mortgage Approval Guidelines

I just read an article this morning about how Freddie Mac has posted a 3 BILLION dollar profit for Q2 of 2012.  This means a couple things: (objective fact) – That they will NOT require any more “bailout” funds from the federal government to stay solvent. (subjective prediction) – We will no longer see any …

The END of Tightening Mortgage Approval Guidelines Read More »

New HARP loan “HARP 2” + new FHA loan limits 2011

Christmas might be coming early for homeowners in Oregon and Washington!  The Obama administration has been putting pressure on banks to come up with ways to extend opportunities to refinance into lower rates in recent months, and it appears that we’re getting some movement on this finally.  The original HARP loan (aka: Home Affordable Refinance …

New HARP loan “HARP 2” + new FHA loan limits 2011 Read More »