Entries Categorized as 'Mortgages'

Refinancing in Charlotte

Date July 1, 2008

Attention Home Owners: If you are considering a potential mortgage in the NC area, you should act now! mortgage rates are still very low!

home owners are refinancing their in large numbers! With so many people deciding to stay in their…

Wachovia Dumps Pick A Payment

Date July 1, 2008

Wachovia\'s Pick A Payment

No More Pick a Payment for

It appears that NC based could no longer handle the negative press. They have officially dropped the Pick A Payment product from their mortgage portfolio. After spending all the time and money in buying (and…

Realtors Beware of BOA

Date July 1, 2008

Banking on Bank of America could Cost You

Charlotte Realtors and Charlotte home buying Realtors… If you currently count on Bank of America for majority of your mortgage needs, you may want to start looking around a bit. With the aquisition of Countrywide, you should expect to…

Ed Nailor was on NPR

Date June 21, 2008


wfae-nprThis past Thursday, I was interviewed by Julie Rose, reporter with WFAE 90.7 FM, an affiliate of NPR (National Public Radio) here in NC. Julie Rose was doing a story on ’s Pick A Pay mortgage loan and wanted to ask me…

FHA Lifts 90 Day Ownership Rule!

Date June 19, 2008


FHA “Flipping” Rule Has Been Waived

Charlotte FHA Mortgage LoansJune 9, 2008: FHA’s Assistant Secretary for Housing - Federal Housing Commissioner, Brian D. Montgomery signed the
Waiver of Requirements of 24 CFR 203.37a (b)(2) which waives the requirement of the seller of a property holding…