Entries Categorized as 'Buying a Home'

How $25 Stopped a Home Purchase

Date June 18, 2008

Charlotte Home Loan Dies over $25

“But it was only $25.00. Surely that can’t matter that much!” Unfortunately, it did.

Recently a client of mine went from being approvedĀ to
buy a home in CharlotteĀ to being denied for a
Charlotte mortgage loan. It…

Purchase Negotiations Using USDA Mortgage Loans

Date June 16, 2008

Best Negotiating Technique When Using Mortgage Loans

USDA mortgage loans in CharlotteTypically, when negotiating on a home purchase contract, many home buyers will offer a price that is lower than the listing price. The idea is to get a deal… a bargain. No matter who…

Take a Peak at today’s Underwriter

Date June 13, 2008

Do a search online for “mortage underwriter” and many of the images you will find are of sharp looking, well dressed individuals that seemingly do not have a care in the world. For example, here is one right off the…

Nehemiah Fee Changes for FHA Down Payment Assistance

Date June 13, 2008

Assistance for sees Increased Fee

Nehemiah Down Payment Assistance for FHA Mortgages

According to The Program, effective June 9, 2008, the fee for processing the assistance program through will be increasing. Here is an excerpt from their press release:

has built its reputation through our relentless commitment…

Did We Find the Bottom?

Date June 10, 2008

Over the past couple weeks, we have begun to see a steady upward trend in mortgage rates. Last week, rates began to worsen and we have not seen any real relief since.