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HARP 2.0 Refinance Program – Home Affordable Refinance Program Springfield

Digg DiggHARP Loan 2012 – Mortgage Refinance Program – Local Mortgage Lender Springfield MO If you’re underwater on your conventional mortgage loan you might be eligible to refinance without paying down principal and without having to pay mortgage insurance. HARP originally started in April 2009. The Government calls it HARP (Home Affordable Refinance Program)  This [...]

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New Changes on FHA beginning April 9th 2012 and FHA Streamline Refinance Beginning June 1st 2012

This FHA Streamline Refinance information is accurate as of March 19, 2012. What Is An FHA Streamline Refinance? The FHA Streamline Refinance is a special mortgage product, reserved for homeowners with existing FHA mortgages. FHA Streamline Refinances are the simplest way for FHA-insured homeowners to refinance their mortgage. NO APPRAISAL NEEDED The FHA Streamline Refinance [...]

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Mortgage Rates February 14th 2012

Rates starting at: 30 Year Fixed Rate Conventional 3.875% – 3.947% APR     30 Year Fixed Rate FHA 3.875% – 4.435% APR     15 Year Fixed Rate Conventional 3.25% – 3.43% APR     No Money Down Purchase Loan 30 Year Fixed Rate 4.0% – 4.575% APR   Contact Tim Singleton NMLS # [...]

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Mortgage Rates for November 18th 2011

Rates starting at: 30 Year Fixed Rate Conventional 3.875%   -   3.945%  APR     30 Year Fixed Rate FHA 3.875%   -   4.435%  APR     15 Year Fixed Rate Conventional 3.375% – 3.473% APR     No Money Down Purchase Loan 30 Year Fixed Rate 4.0% – 4.575% APR     Contact Tim Singleton NMLS [...]

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Why You Need To Act Now To Refinance or Purchase a Home

Last chance, last dance, last call.  Home loan rates recently hit all-time lows, and if you don’t act now, you could miss your chance to save thousands of dollars over the life of your loan! According to Freddie Mac, interest rates recently dropped to all-time lows in some categories, and within a hair of all-time [...]

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You can Refinance even if your home has lost its value

Home Affordable Refinance Program (HARP) Eligible homeowners who are current on their mortgages but have been unable to take advantage of today’s lower interest rates because their homes have decreased in value, may now have the opportunity to refinance. Through a refinance under HARP, Fannie Mae and Freddie Mac will allow the refinancing of mortgage [...]

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Home Loan Refinancing has big benefits

Home loans refinance Mortgage rates continue to remain very low and it is a great time to refinance. Most people understand how a homeowner can refinance to a lower interest rate and payoff their loan faster by applying the monthly savings to principal reductions. However, I want to call out something even more important. The [...]

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Home Mortgage Rates – Rates at their all time lows

Home Mortgage Rates – Mortgage Rates Missouri – Springfield Missouri CNBC just reported that home loan rates are at their all time lows. Yes, all time lows! This is great news for anyone who has yet to refinance to take advantage of the lowest rates ever recorded, or to purchase that new home or investment property [...]

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Mortgage Rates for July 8th 2011

Rates starting at: 30 Year Fixed Rate Conventional 4.75%   -   4.945%  APR ____________________________ 30 Year Fixed Rate FHA 4.5%   -   5.145%  APR _________________________     15 Year Fixed Rate Conventional 4.125% – 4.473% APR _________________________     No Money Down Purchase Loan 30 Year Fixed Rate 4.625% – 4.935% APR       MARKET UPDATE [...]

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PMI – Tax Deductibility

President Obama has signed the bill extending your Private Mortgage Insurance (PMI) tax deductibility through December 31, 2011.  PMI is insurance that lenders require on some loans if you don’t put a 20% down payment. Details on tax Deductibility The home purchase or refinance must close between January 1, 2007 and December 31, 2011. To qualify for [...]

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