FHA 203k Construction & Remodeling Loans
“”Until recently, borrowing money for a new kitchen, second-story addition, or other home improvement meant going to the bank, seeing a loan officer, and hoping for the best. Today, however, you have many more options. A mortgage broker, for example, can offer more than 200 different loan programs. And brokers are just one of the [...]
Changes to the Truth in Lending Act
Changes to the Truth in Lending Act:
What You Need to Know!
Regulation Z of The Truth in Lending Act (TILA) has undergone important changes that you need to know about when talking to your clients.
Top Cities to Move - Charlotte #3
Unemployment is on the rise, credit is tight and consumers aren’t spending - which means they aren’t picking up and moving much, either. Very few places in America saw significant population growth in 2008.
Despite the overall economic slowdown, some parts of the country keep on moving ahead, attracting more and more newcomers - even if [...]
Making the Most of Social Networks
Social networking sites are a great way to nurture your professional network. For business professionals, the most popular are Facebook and LinkedIn. These tools greatly facilitate your ability to meet people, exchange information on a consistent basis, build relationships and position yourself as an industry expert.
Who Are Buying Homes Now?
In some housing markets, buyers are back, spurred on primarily by the drop in housing prices. That drop has substantially reduced the monthly cost of homeownership, creating conditions where owning a home is less costly than renting one.
Foreclosures - How to purchase in Charlotte
Fannie Mae, the agency sponsored by the U.S. government to help make housing more affordable to all Americans, now offers HomePath, a special new home loan to finance the sale of its current real estate owned (REO) properties across the country.
Lower down payments and relaxed requirements mean more homeshoppers can become homebuyers. HomePath helps you [...]
Frequently Asked Questions
Here are some of the questions we asked most often. Click on the link to see the answer. Please call me if you have any other questions.
I am currently renting, how do I determine if I can afford to buy?
To determine if it makes financial sense to buy, compare the cost of renting to the [...]
Search Foreclosures for Free
Sign up today. Email me today to get access to over 150,000 foreclosures on the web for free.
Were you aware that Prospect Mortgage is the leader in REO (foreclosure) Financing in the nation? We already have over 150,000 quality REO properties through our preferred lender relationships with American Home Servicing, Inc., Indymac Federal Bank and [...]
