The stricter approval process for FHA financing of condominiums, originally scheduled for October 1st and then November 1st, has been delayed again until December. To obtain a FHA mortgage on a condo, the project must be FHA approved and prior to the new guidelines it was possible for lenders to do Spot Approvals.
Read more ...
Jeremy Allen, a life long New Hampshire resident, graduated from the Whittemore School of Business and Economics at the University of New Hampshire.
Read more ...
Myth or Fact?
There's just one type of credit score.
MYTH!
There are many scoring models and even more confusing, different creditors will look at different factors.
Read more ...
Title is the legal documentation that bestows ownership of real property. This is to be indicated in Part II of the 1003 Uniform Residential Loan Application as "manner in which title will be held."
Read more ...
Questions and Answers about the Stimulus Plan provided by: Rich Nigro, Schaefer Mortgage, Londonderry, NH.
Please contact Rich for all financing information.
Richard P. Nigro,Senior Loan Officer
Schaefer Mortgage Corporation
Office: 603-216-0033
Cell: 603-759-2526
E-Mail: r.nigro@comcast.net
Read more ...
Tom prides himself in offering the highest level of personalized customer service and exceptional communication skills, to set the standard on which other lenders will be judged.
Tom is always available at: (603)-493-5193 (7 days per week)
Read more ...
MORTGAGE – MARKET CLASSIFICATIONS CHANGES
Recent developments are the changes in Market Classifications. Most counties in the country saw prices of homes stabilize. The market classifications in pretty much all counties are now either stable or soft. Four states are still having difficulty and their Market Classifications have not changed. Those 4 states are Florida, Nevada, California, & Arizona.
Read more ...
"New Hampshire Housing congratulates the outstanding job that these Realtors and their agencies have done in helping to promote New Hampshire Housing mortgage programs and affordable housing opportunities for first-time home buyers," said Liz Lamoureux, managing director of home ownership at New Hampshire Housing.
Read more ...
For prospective homebuyers who are on the fence about making a home purchase, the next few months represent a countdown of sorts for two reasons.
Read more ...
Penny for your thoughts?
How about a chance to win a new iPod!
