A Guide to the Pennsylvania Mortgage Market

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Mortgage and Lending - Keystone Home Finance - NMLS#834342 - Conventional - FHA - VA -USDA - Jumbo Programs - Direct Phone 412-726-1654 - NMLS# 137243
A Guide to the Pennsylvania Mortgage Market
RECENT BLOG POSTS
 One of the keys to qualifying for a mortgage after a bankruptcy is re-establishing credit. Obviously the credit rating takes a huge hit immediately after a bankruptcy.  This is expected.  How long the credit remains damaged depends a lot on how successfully and how quickly you are able to re-est...
02/11/2017
 When shopping for a house you will sometimes see a home described with the following phrases “Needs TLC” or “Handy Man’s Special” or “Lots of Potential.”   Buyers often avoid these properties because they are cautioned that obtaining a mortgage for a property that needs a lot of repair or renova...
02/04/2017
Is it possible to buy a home again after a short sale?   Of course it is. With qualifying credit and the passage of time you certainly buy a home again after a short sale.   The amount of time that needs to pass depends on the circumstances of the short sale.  Just to get the quick definition out...
02/01/2017
Looking to buy a home in Indiana County, Pennsylvania? You might want to make a quick check to see if you and the property are eligible for a Pennsylvania USDA Mortgage, also known as a Pennsylvania USDA Rural Development Loan. Here's Why... USDA home loans offer a few benefits that other mortgag...
01/31/2017
The recent reduction in the FHA Mortgage Insurance Premiums will definitely increase the number of new mortgages going the FHA route.  FHA has it's strong points: more flexible credit guidelines, higher debt ratios allowed and lower interest rates.  However, one of the areas that has always raise...
01/26/2015
  As recently announced, the FHA will be reducing their annual mortgage insurance premium from a factor of 1.35 to .85.  This translates to $500 per year in savings for every 100K borrowed.   This reduction combines with today's low fixed rates can result in some significant savings for current ...
01/17/2015
FHA Mortgages are about to get cheaper.    President Obama announced today that the FHA will lower its highest annual mortgage insurance premiums from 1.35 percent to .85 percent.   This reduction could mean some big savings for home buyers and for those who refinance with the FHA program.    Thi...
01/07/2015
  Fannie Mae has recently announced that they are re-instating their 3% down payment program for qualified home buyers.   The main difference between this new version and the previous 3% down Conventional mortgage is that this new version requires that at least one borrower be a first time homeb...
12/15/2014
  The USDA Mortgage program has eliminated their restrictions for properties with in-ground swimming pools.   The USDA has announced that effective 12/01/2014, the rules regarding in-ground swimming pools will be changing.  USDA Mortgages in Pennsylvania allow for 100% financing, however, with th...
11/17/2014
Interest rates have come down again in recent weeks and one of the programs that has  direct connection to the current interest rate levels is the VA IRRRL program.  The VA IRRRL or VA Interest Rate Reduction Refinance Loan is a the VA's version of a Streamline Refinance.  Just like the FHA Stre...
10/19/2014
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KeithLandis

Pennsylvania - "Your Pennsylvania Mortgage Source"
local_phone(412) 567-6560
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