Credit repair and restoration have become very popular as the nationwide credit crisis effects our economy.  Fannie Mae and Freddie Mac, as of March 17th, 2008 have implemented new price adjustments for borrowers with a middle credit score falling below 740 and a loan to value of 60.01% or higher.  This means that home loans will be more expensive.  Higher interest rates and higher closing costs will be the result of these new price adjustments.  If you are in the market to refinance or purchase any type of real estate where financing is involved, make sure your credit is in order and that your credit scores are as high as possible.

   




                                                                 
 Refinance to a Fixed Rate    
         Mortgage Calculators - Calculate Monthly Savings, New Loan Terms 

Today, planning ahead for a major financial transaction couldn't be more vital in this turbulent mortgage market that we currently face.  In order to be successful, we pride in preplanning all phases of the loan process in order to be one step ahead of any issues that may arise.  

Interest rates are still relatively low, despite reports of our economy being in a current recession.  Now is the time to dump that adjustable rate mortgage and lock your payment in with a fixed rate if you haven't done so already.  Take advantage of NEW Higher loan amounts that the economic stimulus package has recently approved.  These new limits are only temporary so act fast and apply now.  We offer FHA, VA and Conventional loan programs. 

 Get Pre-Approved For Your Dream Home     
Secured Online Mortgage Application - Apply online today for quick loan approval on your next refinance or purchase.

Take advantage of our online loan application and get your pre-approval within 24 hours.  Having a pre-approval letter in hand lets your agent or realtor know that you are in the market to purchase real estate and should be considered as a serious buyer.  New underwriting guidelines have eliminated stated income loan programs so be ready to provide your most recent federal tax returns covering the most recent 2 year period if you are self employed.  If you are a w-2 wage earner you will only need to provide your most recent paystubs covering the most recent 30 day period and copies of your w-2s covering the most recent 2 year period.  In addition, in most cases, all borrowers must verify cash reserves equal to 2 months worth of your monthly mortgage payment including taxes and insurance.  This can be done by providing 2 months worth of your most recent bank statements for your checking, savings, money market, stocks, bonds, 401k, IRA, CDs or any other readily liquid assets.
  

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