Florida hard money (private money) loans are filling the gap for many investors looking to take advantage of a low housing prices.
Many experts are predicting that the home values are nearly bottomed out. This is great news for not only the US economy but also the major economies around the world.
What this also means is that real estate investors are looking to get in before the doors slam shut on a historic buying opportunity in not only Florida but the entire U.S. One of the main reasons that the financial downturn has lasted this long is because conforming lenders have all but forgotten about the real estate investor. Last year conforming lenders implemented a guideline stating that anyone with more than 4 properties financed are no longer eligible for conforming financing. It doesn't matter how much money you make or how good your credit is, banks WILL NOT lend to investors with more than four properties. This has left many investors stuck between a rock and a hard place.
Investors realize that now is the time to be buying properties. Most investors are picking up bank owned properties for pennies on the dollar however a huge percentage of these investors don't have enough capital to purchase these properties cash.
Read the rest of the article on Florida hard money.
Tuesday, March 31, 2009
Wednesday, March 18, 2009
Chris Swartz and Edward Fitzpatrick Launch New Website National Future Mortgage
Prospect Park, PA - March 18, 2009 – In an effort to increase company visibility on the interent, Chris Swartz and business partner Edward Fitzpatrick of National Future Mortgage in Prospect Park, PA have teamed up with Chris Burns of BurnSEO to build a more robust and functional web site for their clients.
This new site is more functional and offers a more user friendly layout then the company’s previous site. Clients now have the ability to logon to the site to view current mortgage interest rates, use the mortgage calculator to calculate payments, apply for a mortgage, and read the latest mortgage news. There is also some very useful information on the site regarding FHA loans, Purchase and Refinance Loans, Reverse Mortgages, and the increasingly popular Loan Modification programs. The newly remodeled site can be seen at http://www.nfmmortgage.com/ the next time you are surfing the web.
National Future Mortgage is a direct mortgage lender licensed in 26 states across the country. Their main products include Conventional and FHA loans, Commercial Loans, Reverse Mortgages, and Loan Modifications. Chris Swartz and Edward Fitzpatrick opened the Prospect Park Branch of National Future Mortgage in Dec 2006.
This new site is more functional and offers a more user friendly layout then the company’s previous site. Clients now have the ability to logon to the site to view current mortgage interest rates, use the mortgage calculator to calculate payments, apply for a mortgage, and read the latest mortgage news. There is also some very useful information on the site regarding FHA loans, Purchase and Refinance Loans, Reverse Mortgages, and the increasingly popular Loan Modification programs. The newly remodeled site can be seen at http://www.nfmmortgage.com/ the next time you are surfing the web.
National Future Mortgage is a direct mortgage lender licensed in 26 states across the country. Their main products include Conventional and FHA loans, Commercial Loans, Reverse Mortgages, and Loan Modifications. Chris Swartz and Edward Fitzpatrick opened the Prospect Park Branch of National Future Mortgage in Dec 2006.
Tuesday, March 17, 2009
Chris Swartz of National Future Mortgage in PA
Chris Swartz of Pennsylvania based National Future Mortgage (pennsylvania mortgage company) in Prospect Park, Pennsylvania can help you save money on your home loan.
Chris Swartz is the branch manager of National Future Mortgage located in Prospect Park, Pennsylvania. Chris has been with National Future Mortgage and has been with the company for over five years now. His business partner Edward Fitzpatrick and himself are proud to have opened their branch of National Future Mortgage (NFM) in December 2006.
As a local resident and graduate of Interboro Senior High School in Prospect Park, Chris is delighted to be helping people in his home town save money on their home loans. In addition to helping people in his own home town, Chris has the ability to assist clients with their mortgage needs in over 26 states across the country. Those states include CA, CO, CT, DE, FL, IL, IN, IA, KY, MD, MA, MI, MT, NE, NJ, NY, NC, SC, OR, PA, TN, TX, VA, WV, and WI. His keen business sense and high regard for customer satisfaction make working with him the right choice for anyone looking to purchase or refinance a home in the states they are licensed to lend in.
Established in 1991 National Future Mortgage is direct lender licensed in over 26 states across the country. National Future Mortgage specializes in Conventional, FHA, Commercial and Reverse mortgage loans.
Read the entire article here: http://nfmmortgage.com/blog/chris-swartz-of-national-future-mortgage-in-prospect-park-pennsylvania-can-help-you-save-money-on-your-mortgage
Chris Swartz is the branch manager of National Future Mortgage located in Prospect Park, Pennsylvania. Chris has been with National Future Mortgage and has been with the company for over five years now. His business partner Edward Fitzpatrick and himself are proud to have opened their branch of National Future Mortgage (NFM) in December 2006.
As a local resident and graduate of Interboro Senior High School in Prospect Park, Chris is delighted to be helping people in his home town save money on their home loans. In addition to helping people in his own home town, Chris has the ability to assist clients with their mortgage needs in over 26 states across the country. Those states include CA, CO, CT, DE, FL, IL, IN, IA, KY, MD, MA, MI, MT, NE, NJ, NY, NC, SC, OR, PA, TN, TX, VA, WV, and WI. His keen business sense and high regard for customer satisfaction make working with him the right choice for anyone looking to purchase or refinance a home in the states they are licensed to lend in.
Established in 1991 National Future Mortgage is direct lender licensed in over 26 states across the country. National Future Mortgage specializes in Conventional, FHA, Commercial and Reverse mortgage loans.
Read the entire article here: http://nfmmortgage.com/blog/chris-swartz-of-national-future-mortgage-in-prospect-park-pennsylvania-can-help-you-save-money-on-your-mortgage
Attorney loan modifications
A California loan modification is becoming more and more popular. As a California based Loan Modification Company that is assisting clients in the worst housing market in our country, we have seen first-hand exactly how necessary our services are to our nation, our state, and our community. Many borrowers just don’t know how to properly structure their financial affidavit to their lenders when trying to do a loan modification. There is a fine balance between showing too much debt and showing enough of a financial burden to qualify for a serious loan modification that will significantly lower the monthly payments of your loan.
This is why it is imperative that homeowners who are currently behind on their mortgage payments, or soon will be falling behind on their payments, engage the services of a professional loan modification company that is backed by an experienced real estate attorney who will aggressively fight on their behalf to lower the monthly mortgage payment on their loans.
Lenders have several options when modifying a loan. They can lower the interest rate, reduce the principle balance, extend the terms of the loan, or anything else that will modify the loan in order to make the monthly payment more affordable for the home owner. Our Attorney based loan modification services utilize any and all means to negotiate a lower payment on your behalf.
There is no need for you to have sleepless nights wondering if you have properly packaged and submitted your loan modification request to your lender. Contact a loan modification company that has the professional experience and resources to fight for you to save your home and stop foreclosure today!
For more info please visit http://www.callalms.com and fill out our quick inquiry form for immediate response.
Read the full article here: http://www.callalms.com/loan-modification-news-blog/viewpost/70
This is why it is imperative that homeowners who are currently behind on their mortgage payments, or soon will be falling behind on their payments, engage the services of a professional loan modification company that is backed by an experienced real estate attorney who will aggressively fight on their behalf to lower the monthly mortgage payment on their loans.
Lenders have several options when modifying a loan. They can lower the interest rate, reduce the principle balance, extend the terms of the loan, or anything else that will modify the loan in order to make the monthly payment more affordable for the home owner. Our Attorney based loan modification services utilize any and all means to negotiate a lower payment on your behalf.
There is no need for you to have sleepless nights wondering if you have properly packaged and submitted your loan modification request to your lender. Contact a loan modification company that has the professional experience and resources to fight for you to save your home and stop foreclosure today!
For more info please visit http://www.callalms.com and fill out our quick inquiry form for immediate response.
Read the full article here: http://www.callalms.com/loan-modification-news-blog/viewpost/70
Sunday, March 8, 2009
MO Mortgage Funds Lauched By Feds
In an effort to "catalyze the securitization market", the Federal Reserve has announced it will launch the Term Asset Backed Securities Facility (TALF) on March 25.
The program has the potential to spur $1 trillion in lending for businesses and households, which will provide up to $200 billion to investors especially in Missouri. The operations will be made on a monthly basis and will extend until at least December 2009, after which the program will be reconsidered. This will assist missouri mortgage company to produce more mo fha loans.
read the entire article here: http://www.vandykstl.com/extras/mortgage-blog.html
The program has the potential to spur $1 trillion in lending for businesses and households, which will provide up to $200 billion to investors especially in Missouri. The operations will be made on a monthly basis and will extend until at least December 2009, after which the program will be reconsidered. This will assist missouri mortgage company to produce more mo fha loans.
read the entire article here: http://www.vandykstl.com/extras/mortgage-blog.html
Thursday, March 5, 2009
Federal Home Affordable Refinance Program Guidelines
This program officially goes into effect on April 4th 2009. It is meant to assist homeowners that have been making their mortgage payments on time but have been unable to refinance to take advantage of lower rates due to decreasing housing values.
It is not geared for people that are currently or recently have been behind on their mortgage payments. For those people there is a new Government backed loan modification program in effect today that can help you lower your payments and save your home. We will discuss the federally backed modification program in another article in detail shortly.
If you think you may qualify and want to get information about the new Federal Florida Affordable Home Refinance Program please call us today at 800-871-2636 or Apply Online NOW!
Eligible Mortgage Loans: - Any loan owned by Fannie Mae, Freddie Mac
Occupancy: - Occupancy of the property securing a Refi Plus loan may be a primary residence, second home, or investment property.
Multiple Mortgages To the Same Borrower: - No Limit
Occupancy: - Occupancy of the property securing a Refi Plus loan may be a primary residence, second home, or investment property.
Read the full explanation at: http://www.fivestarsmortgage.com/mortgage-articles/31/
It is not geared for people that are currently or recently have been behind on their mortgage payments. For those people there is a new Government backed loan modification program in effect today that can help you lower your payments and save your home. We will discuss the federally backed modification program in another article in detail shortly.
If you think you may qualify and want to get information about the new Federal Florida Affordable Home Refinance Program please call us today at 800-871-2636 or Apply Online NOW!
Eligible Mortgage Loans: - Any loan owned by Fannie Mae, Freddie Mac
Occupancy: - Occupancy of the property securing a Refi Plus loan may be a primary residence, second home, or investment property.
Multiple Mortgages To the Same Borrower: - No Limit
Occupancy: - Occupancy of the property securing a Refi Plus loan may be a primary residence, second home, or investment property.
Read the full explanation at: http://www.fivestarsmortgage.com/mortgage-articles/31/
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