Explore Cherry Hill, NJ

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 8
  Key Reminder - You don't need 700 credit scores and 20% down to buy       Figuring out the differences between renting vs buying a home can be stressful. I gave you some pros and cons of buying a home in Part 1. Things seem good, because you are learning how to break this down. That's great.......

By Leander McClain, Cecil & Harford County Realtor
Comments 2
What's for dinner? How about Chicken Chesapeake, Sauteed Spinach & Spiced Pasta Every once in awhile I will cook something that is really declicious to me. This is my version of Chicken Chesapeake. Enjoy Chicken Chesapeake 4-6 skinless boneless chicken breasts 1 4-16 ounce can of lump or mixed cr...

By Leander McClain, Cecil & Harford County Realtor
Comments 3
I Want To Buy a Foreclosure……. NO YOU DON’T! By Leander McClain Readers of my blog know that most of my listings are foreclosed homes in New Jersey. As a result, many clients initially state that they want to purchase a foreclosure or a fixer upper. They have watched a Flip This House marathon an...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 10
    Shopping for that best interest rate. First off, you need to be careful when using the term best, because we always want the best of anything. Remember these two old sayings?  "You get what you pay for" or "If it's to good to be true, that it might not be true." Well, the same could be said w...

By Leander McClain, Cecil & Harford County Realtor
Comments 3
Quality Auto Repair is hosting a "Free" Women's Car Care Clinic, October 16, 2010, Cherry Hill, NJ   Date: Saturday, October 16, 2010 Time: 9:00 - 11:00am Location: Quality Auto Repair 2061 Springdale Road Cherry Hill, NJ Fruit, Bagels & Refreshments will be served This is a free clinic for curr...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 11
  HINT - PLease read Part 1 first - the link is below.   Okay, Jeff, I have heard that you could do a FHA streamline. Yes, this is true, but FHA now states that you can't make application on the new refinance until the borrower has made 6 monthly payments. This is stated in Mortgagee Letter 2009-...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 23
    There has been a lot of talk regarding Credit Scores in the last week after FHA came out with Mortgagee Letter 2010-29 on FHA Loans. Here was my post showing such changes with an explanation. Jeff Belonger's cheat sheet for ML 2010-29. In my opinion, some of the confussion and or arguement wi...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 13
  FHA just came out with a new mortgagee letter describing the new changes on FHA loans regarding credit scores and LTV's (loan-to-value). Here are the changes : New updates for FHA Mortgages - Changes in LTV & credit scores - seller concessions?   Just the other day, I read this post,"Bending O...

By Leander McClain, Cecil & Harford County Realtor
Comments 8
Failure Doesn’t Mean You Are A Failure by Leander McClain, Realtor See that smiling guy in the picture to your left…..that’s me. Posing in front of one of my first listings. I was a new real estate agent, I was younger ,had more hair (well maybe not ) and didn’t have a clue of what I was doing. H...

By Leander McClain, Cecil & Harford County Realtor
Comments 17
I just won £1,000,000.00 in the British Coca Cola Promo!! Can you believe it?  When I was a kid, I attended a Sacred Heart School in Elizabeth, NJ. Every year the school held a Chinese Auction as a fund raiser…..(I guess today it might be called an Asian auction) but I digress. Sponsors would do...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 31
  Planting Seeds in the Borrower's Head - Part 1   In regards to the world of mortgages, can one be more confused now then ever before? You betcha...  As many of us know, FHA is now trying to reduce the seller concession from 6% to 3%. I wrote about it here : HUD seeks public comment on 3 issues ...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 7
  FHA Home Loans have been a big part of the home buying process when it comes to your financing options. This might not mean much to many, but when you apply for a conventional loan, if you don't get an automated approval, you are declined. With FHA loans, even if you received a refer in the sys...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 20
  Meet the Members of the Mortgage Myth Busters     Jeff Belonger John Cannata Gerry Suarez Larry Bettag  Colleen Craig   Robert Ashby           Ken Cook            Gary Miljour       - Click Me -       The Mortgage Myth Busters is born : by Gerry Suarez Who we are. It’s been over a year and a ha...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 8
    Mortgage interest rates continue to still be very low, ranging from 4.25% to 4.75% for a 30 year fixed rate.  So why are interest rates so low?  Some investors on Wall Street fear a double dip recession approaching. And these investors will seek more stability in buying bonds, such as the MBS...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 13
  From the consumer - "I have bad credit".. "my credit is so so"... "my credit is good". "My credit scores are good", etc, etc. I have heard it all and just this alone doesn't make or break you as a potential buyer when wanting to buy a home. The thought process of an average loan officer - "Yipp...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 5
  FHA loans have certainly become more popular over the last several years. In the past, some loan officers were using other types of financing that were easier for them, but not suited best for the borrower. That use to get under my skin and I witnessed it first hand in some cases. What I hate ...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 9
  Mortgage Interest Rates hit historical lows !!!!   I am sure many have been hearing that mortgage interest rates are historically low in the last few days. It seems like in the last few years we have heard this and in many cases, it was just a marketing ploy to get the phones to ring.  Well, as...

By Leander McClain, Cecil & Harford County Realtor
Comments 3
Free, No Obligation List of NJ Bank Owned Foreclosed Homes By Leander McClain, Realtor     I love the commercials that I see and hear these day.  They go something like this...... Person 1: Hi (insert name here) Person 1: I haven't seen you for awhile.  What's new? Person 2:  Well I just brought ...

By Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans
( Social Media - Infinity Home Mortgage Company, Inc)
Comments 12
  Interest Rates - What kind of rate do you have for me?     Mortgage interest rates can be very complex.  It's a question that is harder to answer today more than ever before. There are just to many variables that can go into a specific interest rate. Yes, you will still see many advertisements ...

By Leander McClain, Cecil & Harford County Realtor
Comments 5
Cherry Hill NJ Home Sales May & June 2010 By Leander McClain, Realtor Atlantic & Pacific Real Estate Homes are selling well in Cherry Hill, NJ.  With much of the recent focus on the oil spill in the Gulf, now much news has been reported on home sales.  As you can see from the chart below, homes ...

Cherry Hill, NJ Real Estate Professionals