mortgage

28 11, 2016

Down Payment Assistance – Gateway Mortgage

2016-11-28T23:51:27+00:00November 28th, 2016|Categories: real estate|Tags: , , , , , , , , , , , |

What is Down Payment Assistance? Down Payment Assistance is, more often than not, a missed opportunity. A lot of homebuyers may not even know that they are eligible for down payment assistance. We live in a recovering economy, and putting together the needed funds for the down payment on a new home can be a daunting task. It may even be a major road block holding someone back from purchasing a home. For the average FHA loan, a down payment [...]

8 01, 2015

FHA To Reduce Mortgage Insurance

2015-01-08T22:23:16+00:00January 8th, 2015|Categories: real estate, Uncategorized|Tags: , , , , |

FHA To Reduce Mortgage Insurance Written by: Diana Olick | @diana_olick via CNBC In a move designed to bring more first-time homebuyers into the housing market, President Barack Obama said Wednesday the Federal Housing Administration (FHA), the government insurer of home loans, will lower its annual mortgage insurance premiums from 1.35 percent to 0.85 percent. In a statement, the White House said the move was part of the president's efforts `"to expand responsible lending to creditworthy borrowers.'' The president is scheduled to [...]

18 04, 2014

10 Tips for Buyers & Sellers

2014-04-18T22:08:16+00:00April 18th, 2014|Categories: real estate, Uncategorized|Tags: , , , , , , , |

Traditionally, spring has been the time that many buyers and sellers become motivated to enter the real estate market. The warm weather and longer days encourage potential buyers to get out and look for a home that fits their needs and budget. Similarly, sellers can take advantage of the seasonal flowers and favorable weather to boost the curb appeal of their homes. If you're in the market for a new home or are thinking of putting your home on the [...]

11 02, 2014

Home Buying Basics With Kenneth Wohl, RCB Bank

2014-02-11T17:49:11+00:00February 11th, 2014|Categories: real estate, Uncategorized|Tags: , , , , , , , , |

Home Buying Basics By Kenneth Wohl Buying a home can be an intimidating process, but with a little knowledge under your belt, you can better understand the process and become a stronger borrower. Here some things you should know before you buy. Obtain a pre-qualification from your lender Before you begin house hunting, identify the prices you can afford with a reputable local bank. Obtaining a letter from them will help you become more knowledgeable about your future loan and [...]

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