With all of the media reporting on REO’s I thought It may be important to first consult a Real Estate Investor and a Realtor by trade exactly what an REO is and what it means to the average Bay Area resident. Thanks for joining Green Mortgage Group John. So what is an REO anyways? REO… Read More
FHA Mortgage Limits- Curious about the amount?
February 26, 2008 By
Curious of the current FHA loan limits for your area? In the near future FHA loan limits will be increasing in the Bay Area due to the Economic Stimulus package. It will be important for many homeowners to retain their current home and refinance into stable terms. FHA Mortgage Limits will be set by the… Read More
Protecting your credit- Identy theft and the most important peice of the mortgage puzzle
February 25, 2008 By
Helping each of my clients qualify for new home loans and refinancing under the ever-changing lending guidelines is my goal and is one of the most satisfying parts of my job as a mortgage broker. Everything in mortgage loans comes back to one main characteristic that will follow you around the rest of your life;… Read More
Basics of FICO 08- "Very Nice Green Mortgage Group"
February 21, 2008 By
The new credit formula announced by Fair Isacc deemed FICO 08 is expected to make its way into the credit scoring process some time in 2008. At Green Mortgage Group as of today we still haven’t seen any change on the way credit is scored and show no affect on our clients ability to obtain credit from… Read More
A glimpse into the “Economic Stimulus Package” containing higher mortgage limits for both FHA and Conforming Loans in High Cost Areas
February 13, 2008 By
With so much speculation surrounding the rise in Conforming loan limits in high cost areas I thought it would be beneficial to share some valuable information I received today. At Green Mortgage Group I pride myself on bringing you the reader the most up to date information surrounding Real Estate, Mortgage Loans, Green Real Estate,… Read More
Can you see through MUD? Economic Stimulus Package Update- Conforming Loan Limits
February 8, 2008 By
There has been a lot of talk surrounding the rise in the conforming loan limits to help spur the residential real estate market. As I’m sure you’ve all heard the congress finished off the economic stimulus package yesterday and sent it to the President with the $729,750 number intact. President Bush has already come out… Read More
Bank Owned Housing Auction Coming Soon to Northern California, East Bay Area- Investor & First Time Home Buyer Alert
January 30, 2008 By
The New Year is in full swing and one of the greatest opportunities in decades is upon us. What would you think if I said you had an opportunity of a life time to buy a home on your terms possibly hundred’s of thousands below the last list price?
FHA & Conforming Loan Limit Increase on the way to help Real Estate Market-
January 25, 2008 By
Washington reached a decision on an economic stimulus package to spur growth in the economy and come to the aid of the Real Estate Market. Reaching a bipartisan decision Thursday House leaders have decided to allow government sponsored Fannie Mae and Freddie Mac to buy mortgages as much as 75 percent more expensive than… Read More
The Perfect Storm: Fed Delivers Emergency Rate Cut-
January 22, 2008 By
The Federal Reserve lowered it’s benchmark interest rate in an emergency move for the first time since 2001 after a tumbling international markets slumped as much as 7% on Monday. The Central bank lowered the overnight lending rate to 3.5% from 4.25% rather than waiting until the scheduled Fed meeting on Jan 29-30th.
Mortgage Guidelines: Change Explained Simply
January 21, 2008 By
At Green Mortgage Group our blog isn’t necessarily defined by the information we create but rather the gathered mortgage information that we can present to our clients creating a better experience for them. I found this terrific video on Geek Estate Blog, a website dedicated to the technology in Real Estate. If you or anyone… Read More
