Tag Archives: Missouri refinance
Mar 19

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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Oct 15

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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Sep 30

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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Jun 24

Mortgage Lending – Beware: New Home Buyers & Agents

New Home Buyers and Real Estate Agents, you must be aware of the new DU underwriting guidelines. A “NEW” credit report will be pulled the day before drawing docs to sign. This means NO purchasing that furniture or appliances prior to closing. This can and may cost you your Loan Closing. If you have taken out [...]

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