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Mortgage and Lending - American Financial Network - NMLS #196099
Timely and relevant information about obtaining a mortgage, credit scores, FHA, VA, and No Down Payment Loans in the DC Metro area.
I am sure you have heard the news about historically low mortgage rates, upside down refinances,FHA Streamline Loans or VA Streamline Refinances... And I am sure you have asked the question  Should I Refinance? Watch the short video below to make an informed decision about refinancing your mortga...
FHA Loans require a three and a half percent downpayment of the sales price. There are several acceptable sources of FHA Downpayment. In this week's video tip FHA Mortgage Lender, Markita Woods, answers the question about tax returns and FHA Loans   Having trouble viewing the video click "FHA Dow...
Veteran home loans are no money down home loans up to $625,500 in Washington DC Metro Area. When buying a home typically two incomes are better than one for qualification but what are the rules for VA Loans and cosigners. In the short video below we answer the question, Can I Buy A Home With My G...
The FHA Flip Rule is extended until December 31st, 2012. This is excellent news for first time home buyers, sellers, and especially investors. "Flipping" the practice of buying, renovating, and re-selling property at a significant profit was discouraged by FHA. However, in the current climate the...
Last year your Woodbridge Mortgage Lender  wrote a blog, "Can I Buy A Home Immediately After Short Sale?" (That blog had over 7,000 page views and clicks) In today's market of short sales, foreclosures and everything in between, the question is still being asked quite frequently "How long after a...
This morning I read an article at www.Kiplingers.com titled "Finally, a Bottom for Home Prices" by Jerome Idaszak. In the article the authors states "home prices will continue to bottom into the spring 2012 and recover the lost ground by the end of the year." This is a very interesting take and I...
Last week, I received an email from a possible first time buyer in Woodbridge, Virginia with credit issues. Her question was "Is rent to own a good option while restoring credit?" I share my answer in this week's video tip by your Woodbridge Mortgage Lender.      If unable to view the video click...
  Carl and Andrea are a young professional couple married five years ago. At the time Andrea owned a well maintained townhouse in Woodbridge, Virginia. So the couple decided to make this the family home. Fast forward to the present day Carl and Andrea are ready to start a family and realize their...
If you are thinking of buying real estate in Washington DC, then you could not go wrong with Lanre Folayan, The DC Real Estate Farmer. Lanre is a Realtor with Exit Advance Realty. He specilaizes in helping buyers and sellers with Washington DC Real Estate. His website GET DC SOLD is full of infor...
 VA Funding Fee Decrease Actually Was A Trick! After posting Government Loan Changes Effective October 1st, I was given an update that the VA Funding Fee will remain at current levels pending the President's signature of a bill that passed the House and the Senate. The pending legislation will ha...

MarkitaWoods NMLS#196099

Queen of Mortgages - FHA, VA, Conventional, USDA
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NMLS# 190699