Darren Stewart's (darrenstewart) Blog

If it is one question that I have been asked the most through my 21 years in banking it is where are the rates going? Early in my career I realized that this is one question that would be impossible to answer with certainty.  In 1997 I was working around the clock while everyone was trying to ref...

I thought I would jot down some important facts about the VA loan that would be useful information to the realtor. VA Loans are awesome ways to finance homes for Veterans who are eligible for the product. It is really rewarding to help someone who helped protect and defend America realize the Ame...

One of my earliest memories of my dad is both of us on a paddle boat on the tidal basin in front of the Jefferson Memorial in Washington D.C. I remember not being able to reach the peddles and looking up to my father and looking around and taking in the view of the Capitol Building and Washington...

Our town newspaper has a logo 'tis a priveledge to live in the Ozarks, and having been born in this area I can honestly say that is true. I have lived all over the globe growing up with my father in the military, dad retired in 1985 and we headed back home to Springfield.   When you change school...

The first time home buyers tax credit was extended to April 30, 2009 today- first time home owners will continue to receive up to $8,000 tax credit that would not need to be paid back as long as they occupied the home they were purchasing for 3 years. In addition - they have enhanced the tax cred...

Extension of the First time Home buyers tax credit has cleared both the House and Senate and is heading toward the White House for a signature.  President Obama has indicated that he intends to sign the extension into law that would not only extend the credit until April 30, 2010 but enhance the ...

The last quarter of the year is a time where the funding of rural development loans may experience delays at some lenders - that is not the case with us !  We continue to fund USDA loans we process and close in our own name and then are able to sell it to our servicer who continues to fund so tha...

The clock is ticking.......... The first time home buyers tax credit deadline is fast approaching - all persons wanting to utilize the current tax credit of up to 10% of the purchase price with a cap at $8,000 must be closed by the last business day in November.   That means you need to be findin...

I originally posted this as a comment on another blog but thought I would repost this comment on my own blog. It is advice to a client who is thinking of making an offer on a short sale. Can it be done, you bet!  is it for everyone - NO WAY!     I am a loan originator, I have seen buyers and real...

I just wanted to thank my business partners for a great June - and thank you for allowing me to assist your clients get into their new homes. I have had several requests for MHDC Bond Money loans and we have several of those scheduled to close in July. Bond Money is available in the state of Miss...