Tag Archives: home mortgage company
Jan 10

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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Jun 09

ATTENTION: We are still closing USDA loans

  The national USDA-RD office announced on 5-27-10 they will issue subject to conditional approvals on USDA-RD residential loans up to $2,500,000,000.  Most lenders will not close or fund on subject to conditional approvals but we always have and always will. 100% Financing, give us a call today.     Contact Tim Singleton NMLS # [...]

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Mar 15

Government Refinance Program Gets One-Year Extension

Attention Homebuyers: Double-Barrel Stimulus Deadlines Threaten Rates and Affordability; The Time to Act is NOW! The great author and speaker Og Mandino once said, “I will act now. I will act now. I will act now.” This is great advice for prospective homebuyers over the next 45 days, as two key government programs that have [...]

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Mar 01

Government Refinance Program Gets One-Year Extension

This is an excellent program for someone that has lost value in their home and currently do not pay PMI.  They can refinance at today’s lower rates with a higher LTV and not have to pay PMI.  Monday, March 1st, 2010 Federal Housing Finance Agency (FHFA) acting director Ed DeMarco today announced the extension of the [...]

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