For first-time home buyers in particular, home financing documentation can be confusing. The document that shows how much you owe your lender is called a “Note,” and you make a note payment monthly. But when you purchase a home, the document that shows who owns the property is called either the “Mortgage” or the “Deed […]
Renting Vs. Owning Renting vs. Owning is one of the greatest debates consumers face. What are the pros and cons of each? Which option is cheaper? What is better for my current lifestyle? These are some of the questions renters face when trying to decide whether home-ownership is the right choice for them. Contrary to […]
Fannie Mae is retiring MyCommunityMortgage (MCM) and providing an enhanced product called HomeReady. The HomeReady Mortgage is an enhanced affordable lending product that will be offered in place of the MyCommunityMortgage Lending Program. Fannie Mae has developed new or revised loan and borrower eligibility requirements and underwriting flexibilities that are targeted to low- to moderate-income borrowers […]
NEW PROGRAM FOR VETERANS OFFERED THROUGH WHEDA! CONTACT ME TODAY FOR DETAILS! Heather D Mitchell | Sr. Loan Officer |NMLS ID# 240300 771 Lois Drive | Sun Prairie, WI 53590 Mobile 608-212-5881 | Office 608-318-1907 [email protected] | www.loansbyheather.com VALOR –Veterans Affordable Loan Opportunity Rate NEW Reduced Interest Rate Program for QUALIFIED VETERANS The Authority has authorized $10M to fund the VALOR […]