Home Buying

Apply Online Today’s Rates Mortgage Calculator Our Guarantee Refinance Debt Consolidation Purchase First Time Home Buyer 3.5% Down Payment FHA Loans VA Loans Jumbo Loans USDA Loans Testimonials Staff Profiles About Us Browse > Home / Florida Mortgage / Low Rate & Fee Combo Guarantee Low Rate and Fee Combo Guarantee Each morning we receive wholesale rate sheets from over 50 wholesale lenders. We take your specific...Read Full Story

David Larock in Money In many ways, our government run CMHC mortgage loan insurance program works a bit like the typical Bank of Mom and Dad. When lenders find people who need mortgage loans and don’t have a down payment of at least 20%, they are called 'high-ratio' loans and Mom and Dad set the rules. Today, every high-ratio deal must pass through an insurer’s filter (CMHC is by far the biggest). This parent-like discipline is enforced to ensure that banks do not expose their depositor’s...Read Full Story

Generation Mortgage announced the release of the Generation Plus on Tuesday, a new fixed rate jumbo reverse mortgage program for homes valued up to $6 million. The product is tailored specifically for seniors whose homes appraise higher than than $1,000,000 said the company. “Many owners of higher-valued homes find themselves in the position of being house rich and cash poor,” said Jeff Lewis, Chairman of Generation Mortgage. “With our Plus loan, these owners can receive the liquidity...Read Full Story

Generation Mortgage announced a new 4.99% fixed rate reverse mortgage product it’s offering to both wholesale and retail customers. “We want to give senior homeowners as many alternatives as possible to enable them to stay in their house,” said Scott Peters, President and CEO, Generation Mortgage. “And with such a fragile state of our nation’s economy, home equity remains a top financial asset for seniors and Baby Boomers.” The company has been busy, recently rolling out the first jumbo...Read Full Story

Easy Cash for Fort Wayne Mortgage Brokers Tube. Duration : 4.35 Mins. Get money from leads your throwing away! As a mortgage professional, you’ve got to put up with lots of borrowers seeking your help but are just not qualified yet. Perhaps they need more money to put down on a home… or they need to get their credit scores up… before they can qualify. Now what if you could convert some of those turndowns into commissions? How would you like to collect fees on your non-deals? Would you...Read Full Story

Refinance or sell investment property at a loss? I moved from Michigan to Pennsylvania about 2 years ago. When I could not sale my house I decided to rent it. I have it rented out, but I still pay about $150 out of pocket each month (not bad). Here is the problem....I have a ARM that will adjust soon and I need to refinance. Since it is an now an investment property rates are more and rules are different. I have discussed what will be needed with several banks and they all said I should...Read Full Story

If you are looking for a lender, it is wise to seek mortgage quotes first. Using the mortgage quotes at the real estate sites online will give you many advantages. For instance, you may not be aware of the different types of loans offered. By using these quoting systems, you can get ahead of mortgage loans. Mortgage quotes will help you compare the balance amidst the loans offered. For instance, if you are searching for a second mortgage, you can use the quote system to learn about the...Read Full Story

Please help me with a cash out refinance of an investment property? Have you heard of OptAmerica? I went through Suntrust first to refinance my rental property. They told me it's hard to get cash out with an investment property. I then went through Lending Tree, and Opt America sent me a Good Faith Estimate which looks WAY better than what Suntrust was offering me. I'm wondering what the difference could be. With Suntrust, I have to pay a 1% origination fee, .375 discount point, getting only...Read Full Story

In Arizona, the real estate market is heating up on the low end and showing signs of life on the higher end. As the higher end luxury home market shows signs of life, more people are starting to ask about what jumbo loan products are available and under what terms. You can still get jumbo financing, but the terms of today’s jumbo loan market are much different than they were just a couple of years ago.  Here are some general guidelines for lenders who will actually lend under the Arizona...Read Full Story

How do I find ONLINE investment property mortgage rates? I've noticed that the main mortgage websites only quote purchase and refinance rates for homeowners, but I'm looking to invest in real estate right now. Short of calling up individual companies, how can I find and commpare rates for rental/investment property? Also, is the standard requirement 20 or 30% as the downpayment for these properties? I guess I should clarify that I'm just trying to price things out loosely right now, and am...Read Full Story