Florian Steciuch's (ukiman) Blog

By
Mortgage and Lending - Security 1 Lending
RECENT BLOG POSTS
Working with a buyer (over age 62) that is looking to buy a home, but prefers not to plunk down entire proceeds of home sale for the new purchase. With the HECM purchase loan, my clients will buy a new home putting down less than 50% and keep most of their proceeds working for them - and no mortg...
06/26/2010
2 Comments
I am seeing more seniors being turned down for traditional financing because of high DTI, yet I can help them by consulting with them on a reverse mortgage.
06/19/2010
Telling renters to stop paying someone else's mortgage! Come to our FREE first time home buyers seminar tomorrow: RSVP http://communitychallenge.eventbrite.com/
08/10/2009
What would be the economic impact on a a community if 125 first time buyers made the commitment and wise choice to purchase a home? With the $8000 tax credit, that is One Million Dollars coming into an economy. Invite your friends, coworkers  and associates to attend the Million Dollar Challenge ...
08/09/2009
5 Comments
It should not surprise anyone that minimum FICO score requirements for FHA are being increased. The minimum was 500  2 years ago - now 640.
08/07/2009
From Flagstar Bank: All FHA loans will require a minimum credit score of 640 for all borrowers. Beginning 8/15
08/07/2009
A million dollars - that's the minimum that could be injected into economy if 125 first-time buyers took advantage of the tax credit. Benchmark Mortgage, along with other professionals, invites you the Waterbird Banquet Hall @ 556 Indian Boundary Road in Chesterton, Tuesday, August 11, 6:30. to t...
08/07/2009
Certainly lower rates, a lifeline to Fannie and Freddie and a $7500 tax credit for FTHB is good news, but I see no relaxing of guidelines. You must plan for your mortgage!
09/12/2008
Rainer
10,496

FlorianSteciuch

local_phone(219) 789-0409
smartphone(219) 789-0409
Contact The Author