The Wall Street Journal published information about "Green Mortgages" last fall. While the concept of "Green Mortgages" is not new (President Carter first required legislation for them in the 1980s) …
FHA Compensating Factors – FHA Flexability
FHA (and all government underwriting for that matter) is somewhat different from other, more automated systems of loan approval. On an FHA loan you can actually have a real person look at the loan …
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Could Freddie Mac Be Planning A Mortgage Program for Boomers?
According to an article recently highlighted in the New York Times, FHFA might realize that we are going to need some new programs to help retiring Boomers buy a new home in their Retirement. With …
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Best Mortgage Rates February 2013
Are you looking for the Best Mortgage Rates in Raleigh? Well, it looks like rates are going to stay in a pretty tight range. We have seen some upward pressure - and you may have noticed that the 10 …
Don’t Ask Me To Do That – It’s Mortgage Fraud
We had some clients over the weekend call and tell us that even though they are under contract to purchase a home... they found a different home they want to now purchase! "We talked to our …
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USDA No Money Down Mortgage
We've helped many customers buy homes with an old program offered through the USDA... not to buy farms... HOMES. The Rurual Economic Development Fund is what it use to be called, now it's just a …