Mortgage & Finance Articles

4,833 Posts
Why is Underwriter asking for Source of Funds?
27 October, 2009| Mortgage & Finance, General, Education
Why is Underwriter asking for source of funds?  The Underwriter asks for source of funds to verify that there are no additional undocumented debts incurred by the borrower to obtain the requ... read more
Down Sizing
27 October, 2009| Home Buying, Home Selling, Mortgage & Finance
Looking to down size? Maybe your home was great when you were raising a family but now is just too big or too much upkeep. Call me @ 713-702-8982I can help make the whole transition a smooth proc... read more
Applying for a Mortgage
26 October, 2009| Home Buying, Mortgage & Finance, General
  In today’s market, it is increasingly more difficult to get financing for a home.  As a Realtor, I have built relationships with lenders in the community and there a... read more
New Initiative Seeks Stable Housing Market
22 October, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
WASHINGTON (U.S. Department of Housing and Urban Development) – The Obama Administration yesterday announced a new initiative for state and local housing finance agencies (HFAs). It will help support... read more
Credit Score Not the Tops?
22 October, 2009| Mortgage & Finance
If your credit score is below 680 you can still get a loan and buy a house! You  don't need a Conventional loan. FHA loans are easy - about 45% of homes this year have been bought using... read more
What a...PITI
22 October, 2009| Home Buying, Mortgage & Finance, General
So you've decided to buy a house, but you're not sure how much you can afford.  How much will my monthly payments be???Maybe you saw a commercial on TV talking about a company offering a $120,000... read more
$45,000 en ayuda para el comprador.
21 October, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
Sabia usted que la ciudad de Houston tiene un programa de ayuda para los compradores que cualifican de hasta $45,000. Llamame para mas informacion al 713-252-2834!Maria D Morell read more
$45,000 .Payment Assistance
21 October, 2009| Affordable Housing, Home Buying, Mortgage & Financ...
Did you know that the City of Houston is offering up to $45,000 in Downpayment Assistance for those buyers that qualify!Call me to get morte information @ 713-252-2834Maria D Morell read more
What do Stocks and Bonds have to do with Buying a...
21 October, 2009| Mortgage & Finance
Remember: Weak or negative economic news normally causes money to flow out of Stocks and into Bonds, helping Bonds and home loan rates improve, while strong or positive economic news normally has the... read more
Guide to Avoid Foreclosure
21 October, 2009| Foreclosures & Investments, Home Selling, Mortgage...
Over the weekend I ran into someone that had to foreclose on his home and move into an apartment.  Now his long journey to rebuild his credit begins.  It is a long process to get back to hom... read more
Confused About the $8,000 Tax Credit?
19 October, 2009| Home Buying, Mortgage & Finance, Moving & Storage
If you are still confused about the $8,000 Tax Credit then you need to keep reading. The tax credit is still available, but will end on November 30, 2009. That means if you are a first time home buyer... read more
MORTGAGE TIMES HAVE CHANGED
17 October, 2009| Home Buying, Mortgage & Finance, General
Now that we've experienced the fallout from the subprime lending disaster in the Houston real estate market, there is no longer such a thing as "easy money." Now you need perhaps ten to fifteen percen... read more
Pre-Approval vs. Pre-Qualify
15 October, 2009| Home Buying, Mortgage & Finance
There is a difference between the terms Pre-Approval and Pre-Qualify when you are shopping for a Home or Mortgage. Pre-Approval – uses basic information as well as electronic credit reporting to dete... read more
Harder to get a FHA loan in 2010?
8 October, 2009| Home Buying, Mortgage & Finance
It may be harder to get a FHA loan starting Jan 1, 20210. The Federal Housing Administration will tighten credit standards and implement new rules for appraisals on Jan 1. This is primarily due to the... read more
What are the Requirements and Advantages of VA loa...
6 October, 2009| Mortgage & Finance, General, Education
What are the requirements and advantages of a VA loan?    VA loans are guranteed by the VA so the lender is protected against loss if you fail to repay the loan.  Th... read more
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