John's Blog

By
Mortgage and Lending - Academy Mortgage - NMLS#329710
Bond prices climbed for the fifth straight session Thursday, helped by a government auction of 30-year bonds. The dollar fell against the euro and gained versus the yen. That should keep mortgage rates on the way down. Ny tuesday of next week should be prime for locking conforming loans.

ARCHIVED BLOG POSTS

2008 

0 Comments
Reverse Mortgages  Today, there are more homeownership options for retired individuals and couples than ever before. Make the Most of Retirement!If you are at least 62 years old and have low or no outstanding mortgage debt, our Reverse Mortgage programs can allow you to borrow against the equity ...
04/27/2008
 Buyers who are considering financing a home in a rural area often find that it is harder to get approved for funding than it is for a home that is nestled in suburbia. Lending requirements are often too strict for lower income farmers and rural residents. Appraisal guidelines are often too strin...
04/10/2008
Down Payment Assistance Program The Down Payment Assistance Program is a fast and easy way to help buyers with money at closing for no down payment mortgage and assistance for closing costs that they do not have to repay. Down payment assistance is used for residential and commercial loans.We're ...
04/09/2008
What is a Lease Option?   A "lease option" is really two separate but related agreements: a "lease agreement" and an "option agreement". A LEASE AGREEMENT is just a standard agreement to rent a home. In general, a lease agreement gives you the right to live in a home in exchange for payment of re...
04/08/2008
 Buy an Investment Property With a Smaller Down Payment  We have several choices for an investment property loan that require little down payment so that you can have more money to use toward repairs or remodeling your investment property. Whatever your investment goals, we can get you a mortgage...
04/08/2008
The Benefits Of Investing In Real EstateWith all of the mixed-media messages surrounding us these days, it's confusing for people to know where to invest their money (be it stocks, bonds, a 401K or real estate). In my experience there's no better way to save a bundle on your taxes (while simultan...
04/07/2008
1 Comments
Section 203(k) insurance enables homebuyers and homeowners to finance both the purchase or refinance of an existing (<1 year old) house and the cost of its rehabilitation through a single mortgage. The minimum rehabilitation amount must be at least $5,000, with the total value of the property fal...
04/06/2008
7 Simple Steps to Buying a House Using FHA 203(k) Renovation Loan.Locate the home you want and submit a contract for purchase - contingent on a home inspection. After your contract is signed, schedule a home inspection with a 203(k) cost consultant to budget your renovation. If you approve the bu...
04/06/2008
7 Simple Steps to Buying a House Using FHA 203(k) Renovation Loan.Locate the home you want and submit a contract for purchase - contingent on a home inspection. After your contract is signed, schedule a home inspection with a 203(k) cost consultant to budget your renovation. If you approve the bu...
04/06/2008
Your FHA Loan ChecklistBefore you start the FHA loan process, be prepared to provide some information to your (me) your loan officer. Have it ready now to save time later.Address to your place of residence (past two years)Social Security numbersNames and location of your employers (past two years...
04/02/2008
Rainer
23,420

John Cashion

Ask me a question
*
*
*
*

Additional Information