Aug 12, 2015 | Elite Equity Milestones
We recently closed a purchase loan for a client who couldn’t qualify for conventional financing. The borrower had credit issues that wouldn’t allow him to attain any type of Fannie / Freddie type loan. With a short escrow period and no other viable...
Apr 30, 2015 | Information for Homeowners, Mortgage Finance News
Homeowners have been asking this since 2012 when our economy was in recovery mode. The quick answer, Not Much Longer. We can talk about how interest rates work and why they fluctuate when the Fed makes an announcement or Europe’s economy becomes unstable....
Apr 29, 2014 | Information for Homeowners
If you own a home and are looking to either sell or refinance, you are in a very good position. If you’re considering selling your home, it’s no secret that Los Angeles Real Estate has always been and will continue to be a hot commodity. If your house is priced right...
Mar 28, 2012 | Information for Homeowners
HARP is an acronym that stands for the “Home Affordable Refinance Program.” The program was created in order to let borrowers, who got into a home prior to the housing crisis, refinance their mortgage despite the fact that their home value has decreased since they...
Oct 25, 2011 | Information for Homeowners, Mortgage Finance News
Fannie Mae and Freddie Mac – the largest buyers of residential loans in the United States – have both recently stated that they will be revamping the HARP program (Home Affordable Refinance Program). HARP was originally introduced by President Obama in 2009 with the...
