Is this the last opportunity to purchase or refinance at bargain home prices and rates which are at record lows? For the past several months, rates have been rising from the historically low levels they reached during the second half of last year. These rates presented a great opportunity for homeowners to refinance their homeContinue reading “World Events Spark a Short-Term Drop in Home Loan Rates”
No adjustments to rates for loan amounts of $50,001 to $1,000,000 $800,000 up to 90% LTV Only .20% adjustment in rate for loans over $1,000,000 Cash out available No mortgage insurance Service you can count on from a Maine Mortgage Banker.
Have you been denied a refinance because of your second mortgage? Are you looking to refinance but avoid paying mortgage insurance? Pay off current 2nd mortgages with no adjustment to rate Loan amounts to $800,000 on a refinance transaction Pay up to $20K in non mortgage debt Call me today 888-775-4200 ext 271!!
WASHINGTON – The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth. The Federal Housing Administration will allow lenders to give these borrowers refinanced loans if the lender agrees to forgive at leastContinue reading “Gov’t launches plan to help “underwater” borrowers”
Many homeowners who have seen a loss of value in their home have been seeking principal reduction plans or underwater refinancing opportunities to make their underwater mortgage more affordable. Obviously, homeowners who are in a situation where they owe more on their home than their home is actually worth are quite frustrated and, for thoseContinue reading “Refinance your Maine home with under water equity?”