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If you’ve ever had a mortgage loan not close on time then you may want to avoid the frustration and try The Red Carpet Mortgage Loan Program. If you have always had your mortgage loans close on time then your luck may run out. To ensure your mortgage loan closes on time, look into The Red Carpet Mortgage Loan Program.
This page answers the question, if you shoud get a second opinion when financing with a mortgage loan.
Never in the history of mortgage lending has documentation been so important. Of course, this is on the heels of 9/11, The Patriot Act and the secondary mortgage market implosion along with other calamities that have occured relating to the mortgage industry. This Forbes Magazine Article answers the questions as to why we have to document so extensively on a mortgage loan application.
The Physician Loan. This product is for Medical Doctors including Dentists, Podiatrists, Ophthalmologists and can go to 90% LTV with no mortgage insurance required.
No Mortgage Insurance Mortgage Loan with only 5% down payment. This loan is for those wanting to purchase or refinance. The loan amounts are up to $625,500.00. This is a great product for those who may have other plans for their money.
How about a Real Conventional Loan with no investor or lender overlays? That’s right. A loan that is underwritten directly to Fannie Mae or Freddie Mac guidelines without additional guidelines added. If you think you have to have a minimum FICO score of 660 or 680 for a conventional loan, think again. Neither Fannie Mae nor Freddie Mac require a minimum FICO score. Now, you can enjoy the benefits of a conventional loan without having a high credit score. Plus this program has no lender overlays. So the loan is approved based on GSE guidelines.
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North America Real Estate News Blog
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