I’ve just finished adding a complete list of all the county auditors in the State of Ohio including contact information and website. You can find this comprehensive list here OHIO COUNTY AUDITORS The county auditor’s website can offer a wealth of information for both existing homeowners and prospective home buyers including: property tax amounts property […]
Applying for a mortgage?
The past 3 years have seen quite a bit of change in the mortgage industry. Lenders requiring more documentation, explanations on what was long considered trivial bank deposits, credit score requirements, and the list goes on. Here are 10 Rules to follow when you are applying for a mortgage. Do not change jobs or become self-employed. […]
Credit Scores and the Best Mortgage
So you are in the market to buy a new home or maybe you are thinking about refinancing your mortgage to take advantage of the historically low rates. What should you do to set yourself up for the best possible terms on the new mortgage? Check your credit! I have dealt with many clients all […]
National Mortgage Settlement, Help For Ohio Homeowners
Ohio homeowners who don’t qualify for a refinance under the HARP 2.0, FHA Streamline, or other options currently available may have some assistance on the way. I discussed options for Ohio homeowners who do not qualify for a HARP 2.0previously. The National Mortgage Settlement website is now live, with important info for homeowners who have […]
HARP 3.0? HELP FOR OHIO HOMEOWNERS
By now most have heard about HARP 2.0 (the re-work of the previously released Home Affordable Refinance Program). If not, then see my previous posts covering HARP 2.0 and the BENEFITS OF HARP 2.0 for a quick glimpse at the popular refinance program. As many of you know, if your current mortgage is not insured/owned by […]
HOW A NO COST REFINANCE WORKS
It depends. On what you ask? Well it depends on what you consider cost. Is cost just closing costs? Or is cost the actual expenditure on your mortgage monthly, yearly, over the life of the loan? A NO CLOSING COST refinance is easily obtained. Here is how it works: Lets say that the normal closing […]
BENEFITS OF HARP 2.0 REFINANCE?
The hot topic in the mortgage world over the last 2-3 weeks has been HARP 2.0. Clients calling about it, lenders emailing about it, loan officers looking for homeowners who qualify. See my earlier post detailing WHAT IS HARP 2.0 So what are the benefits of a HARP 2.0 refinance? Allows homeowners who are underwater […]
DON’T QUALIFY FOR HARP 2.0? HELP MAY BE ON ITS WAY
UPDATED: 4/24 (see below) The new HARP 2.0 Program officially rolled out this past week for those homeowners who have a mortgage insured by Fannie Mae / Freddie Mac. Click Here for HARP 2.0 Info But what about homeowners whose mortgage isn’t insured/owned by Fannie Mae, Freddie Mac, FHA, VA, USDA? Up until now, you […]
WHAT IS HARP 2.0?
HARP (Home Affordable Refinance Program) began in April 2009. You may have heard to it referred to as the Making Home Affordable Program, the Obama Refinance Plan or Relief Refinance Program. You are eligible for a HARP refinance if: Your current loan is owned/insured by Fannie Mae or Freddie Mac. Your current loan was purchased/insured […]
FHA MORTGAGE INSURANCE CHANGES
As mentioned in previous articles FHA MORTGAGE INSURANCE INCREASING and FHA POISED TO LOWER MIP FOR STREAMLINES FHA has decided to officially revised their mortgage insurance requirements on FHA streamline refinances as well as normal Purchase and Refinance FHA mortgages. Below are the new FHA mortgage insurance figures and their effective dates: FHA Streamline Refinances Effective with […]
