Did you know that when you dial 211 from almost anywhere in the United States or Puerto Rico, you are connected with a trained professional in your area who can connect you with resources and assistance for essential community services. It works just like dialing 911 where calls are routed by the local phone company to…
Original Article: https://www.floridarealtors.org/news-media/news-articles/2021/02/come-down-fla-attracts-retirees-and-many-more By Erica Plemmons Florida Realtors economist: Marketing to out-of-staters and wondering which demographic group to target? The most-cited reason for moving to Florida is retirement (39%), but many others come for the jobs (23%), the lifestyle (21%) and family (17%). ORLANDO, Fla. – Americans from the Northeast and Midwest continued to go…
We at TMI are proud to announce our latest VA appointment with another great wholesale lender; furthering TMI’s commitment to provide our Military personal and veterans, as well as all our clients, with the best rates and lowest fees for every credit profile!
Original Story: Rates Rising Quickly, But The Truly Scary Stuff is For Another Day And Another Reason Mortgage rates went to bed last night knowing they were at risk of a volatile day today. Georgia’s senate race has been in focus for 2 months now because it had the chance to change the balance of power in congress. …
There are plenty of reasons to refinance but avoiding an incoming Fannie Mae and Freddie Mac refinancing fee now tops the list! Fannie Mae and Freddie Mac will start charging an ‘Adverse Market Refinance Fee’ on December 1, 2020. This new fee, originally slated to begin September 1, with a new effective date is December 1, 2020, adds a…
Mortgage giants Fannie Mae and Freddie Mac just announced in August that they are raising fees for lenders on all mortgage-refinances. This change is designed to shield them from the additional risk brought on by the coronavirus pandemic and the secondary mortgage market. Their price adjustment adds 0.5% of the loan amount to the consumer’s cost.
There are two types of reverse mortgages – • There is a Home Equity Conversion Mortgage (HECM), which in its simplest definition is a loan that is government-insured by HUD and is regulated by the U.S. Federal Housing Authority (FHA), and • A Proprietary Reverse Mortgage, which is a reverse mortgage originated by a mortgage…
Learn from experienced mortgage broker Mark E. Ary, MBA - Senior Licensed Loan Originator and Certified Reverse Mortgage Specialist.