Strategic Mortgage - Bill Kamboukos

The USDA home loan program is a loan program that often times gets lost in the shuffle when being discussed about home loan options for potential and current homeowners.   The program is used considerably less often than Conventional, FHA or VA loan programs and the reason that mainly is, is due...

When it comes to purchasing a new home, after a bankruptcy there are generally standard waiting periods for each of the major home loan programs. In this article we discuss common waiting periods to purchase a new home after a bankruptcy.   FHA Loans – On an FHA loan there is standard two year w...

When it comes to purchasing a new home, after the short sale of another home, there are generally standard waiting periods for each of the major home loan programs. In this article we discuss common waiting periods to purchase a new home after a previous short sale.   FHA Loans – On an FHA loan ...

When it comes to purchasing a new home, after the foreclosure of another home, there are generally standard waiting periods for each of the major home loan programs. In this article we discuss common waiting periods to purchase a new home after a previous foreclosure.   FHA Loans – On an FHA loa...

If you are self-employed and looking to obtain a home loan, the rules are slightly different than if you are a regular salaried or hourly employee. In today’s article, we will cover some basic guidelines and tips for someone who is self-employed, to obtain a home loan, to purchase or refinance a...

In today’s mortgage marketplace, it is important to prepare yourself financially when applying for a home mortgage. In past articles, we have covered the basic items that almost any one needs to follow in order to obtain a home loan.               However, this article will look at the "not to d...

Now, more than ever, having a strong credit score is imperative for mortgage financing whether you are you looking to purchase or refinance a home.    With a conventional home loan, the higher your credit score is, the lower the interest rate you will receive.  Even with programs such as FHA and...

As we have detailed in recent weeks, the HARP refinance program has now been expanded to allow more homeowners the option to refinance and take advantage of historically low interest rates. The program is a government backed initiative to allow borrowers who could previously not refinance, due t...

As we have written about recently, the HARP refinance program is set to expire at the end of this year (December 31, 2015).  The program is a government backed initiative to allow borrowers who could previously not refinance, due to lack of equity or being upside down in their homes, to now do s...

  As we have written about recently, the HARP refinance program is set to expire at the end of this year (December 31, 2015).  The program is a government backed initiative to allow borrowers who could previously not refinance, due to lack of equity or being upside down in their homes, to now do...