Single Family Mortgage Revenue Bond Program (SFMRB)Commonly referred to as the First-Time Home Buyers Program, this statewide program provides first mortgage financing at below-market interest rates to low- and moderate-income Delaware homebuyers who have not owned a home in the past three years.
...
12/12/2007
Countrywide says lending, borrowing ability soundTuesday November 27, 1:33 pm ET By Jonathan Stempel NEW YORK (Reuters) - Countrywide Financial Corp (NYSE:CFC - News), the largest U.S. mortgage lender, moved to reassure investors on Tuesday that it is not borrowing too much and will not be constr
...
12/04/2007
Let's start with a question. What benefits would you obtain if your clients trusted you more?Here's our list. The more your clients trust you, the more they will Reach for your advice Be inclined to accept and act on your recommendations Bring you in on more advanced, complex, strategic issues Tr
...
12/03/2007
Qualifying for a Mortgage To some potential buyers, particularly first-time buyers, the prospect of meeting a mortgage lender may seem a little scary. Lenders ask a lot of questions because they want to help you get a mortgage. If you work with a lender before you decide on a home, you will know
...
12/02/2007
Lenders provide a great deal of guidance, but you make the final decision about whether you're getting the best loan you can get. Part of taking that responsibility involves comparing interest rates. Mortgage interest rates change daily based on a number of national and international economic fac
...
12/02/2007
Mortgage Types Basically, there are two categories of mortgages: the fixed-rate and the adjustable-rate mortgage (ARM). Within these categories, there are many variations. However, in nearly all mortgages two factors are usually at odds: how predictable the payments are and how low, or affordable
...
12/02/2007
VA loan A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs. The loan may be issued by qualified lenders.The VA loan was designed to offer long-term financing to American veterans or their surviving spouses (provided they do not remarry).The VA
...
12/02/2007
FHA loan is a federal assistance mortgage loan in the United States insured by the Federal Housing Administration. The loan may be issued by federally qualified lenders.FHA loans have historically allowed lower income Americans to borrow money for the purchase of a home that they would not otherw
...
12/02/2007
A credit score is a rating for people who borrow money. Your credit score rates how responsible you are about borrowing and repaying money. Just like high test scores can help a student get accepted into more colleges, a high credit score can help you get approved by more lenders. Also, the highe
...
12/02/2007
The appraisal process often baffles consumers. They may feel that their home is worth a higher dollar amount, and so the appraised value doesn't always make sense to them. It is important to know that the appraiser is completely independent from lenders, buyers, sellers, and Real Estate Agents, a
...
12/02/2007
