Jumbo fixed terms and ARMs to $2M
90% no MI financing available
Fixed 2nd mortgages
1×30 day mortgage late accepted
Rural properties with acreage

$8,000 tax credit has been extended for MEMBERS OF THE MILITARY!
Call for details. You must have your contract in place by April 30, 2011
and complete your purchase by July 1, 2011

A reminder to those of you purchasing or refinancing a home….

DO NOT USE YOUR CREDIT CARDS after you have started the loan process.  A good % to remember….keep your balances below 30% of the total credit available.  If you go over that, your fico score will drop and you could have a change in the terms of your mortgage loan.  In some cases, you may not qualify any longer.

Yes folks…Fannie Mae is now going to require, from the lender that is selling your loan to them, a credit report pulled prior to funding.  We as brokers pull our credit report and many times the lender will pull it when the loan is submitted and they will pull again right before closing.

American Express reports the high balance on your cards for the month since they don’t usually have a spending limit set for your card.  That makes it look like you have maxed out your card and your ficos can really fall.

I would suggest going to this link and running your credit report with 1 bureau every 4 months. It is totally free and a good way to make sure your identity is not being affected by identiy theft. The only thing the report doesn’t show is your fico. AND…unless you are buying or refinancing..you probably don’t need that score anyway.