http://www.bruceoliver.com, need mortgage help, loan officer help, loan application, best rates, debt consolidation, loan consolidation, need to apply for a loan, loan help, personal loans, loans, l/o
Duration : 0:1:3
Is a 30 year fixed rate mortgage loan right for you? What is the advantage of a 30 year fixed rate mortgage? 30 year fixed rate mortgages offer security even if you plan to sell or refinance your home after a few years. Watch this Expert Real Estate Tips segment and learn all the advantages of a 30 year fixed rate mortgage loan.
Duration : 0:1:15
http://www.2ModMyLoan.com DIY Mortgage Loan Modification Homeowners BEWARE of the loan modifications that gives you a payment that is even higher than the current payment you have now that you can’t pay.
Defaults Return as Moratoriums Wore Off in Massachusetts and California, Same May Happen in New York; NYC Unemployment Rate Rose to 7.4% (In Focus) Call me and with Home Solutions of North America we can save your home. Tish Washington 626-945-5987 Below are TAGS How to Save Your Home How to Modify your loan How to stop foreclosure How to get your mortgage modified Modifications Foreclosure foreclosure home short sale save our home Hope Loss Mitigation Loan Mod mortgage Mod Modify HUD HOPE4MYLOAN Bailout LOANS GOD CHANGE JESUS SAVE RESTRUCTURE Bankruptcy bank foreclosure pre foreclosure how to save my home real estate foreclosure REO avoiding foreclosure keep my house hope for my home hope for my loan mortgage bailout You could fall into one of the following categories: Short Refinance, Forbearance Agreement, Repayment plan, Deed in Lieu of Foreclosure, Short Sale and/or Cash for Keys. Please visit our website and download a copy of terms and definitions. California, Florida, Nevada Christian Company If you have fallen behind on your mortgage payment and have received a Notice of Default or Notice of Trustee Sale and may be facing a Foreclosure we can assist you with our Attorney Assisted Foreclosure. We can stop a foreclosure if need be. We can also DEMAND your loan to be modified by your lender for violation of RESPA and TIL violations Notice of default Notice of Trustee Sale “stop foreclosure” “prevent foreclosure” “loan modification” mortgage, industry, updates, countrywide, litton loan servicing, Indymac, Fremont Investment,
Duration : 0:6:30
After family and friends asking how I’m doing with my mortgage business, this is my reply. Enjoy.
Duration : 0:4:33
After family and friends asking how I’m doing with my mortgage business, this is my reply. Enjoy.
Duration : 0:4:33
http://www.TeachMsOffice.com
How to find the interest and principal payments on a fixed rate loan in excel. This tutorial will walk you through using the PPMT() and IPMT() functions in excel in order to find out how much of a monthly payment on a loan actually goes to pay off the loan amount and how much is just an interest payment.
To follow along with this spreadsheet as well as to get more free excel stuff such as macros, tutorials, articles, etc. go to:
http://www.TeachExcel.com
Duration : 0:5:11
$8000 Tax Credit for First Time Home Buyers with Low Down Payment. Lender Finance Program with Low Payment and Fixed Interest Rate on FHA Mortgage and Government Assistance. Go To http://RealEstateMarketingThisWeek.com
Part 8 (Excerpt)
Analyzing tax returns for self employed and small business owners; Use a Mortgage Planning Expert
Credit scores now are a major factor with interest rates. You see the liars up on the internet with interest rates being at 4.625% and all this kind of hocus pocus, its not true. You are never going to qualify for that rate today. They are going to lie to you, once you sign and see the fine print you are going to realize that it is a ridiculous idea to pay that amount of money in fees.
Credit scores have to be significantly higher than they used to, but again I have to tell you, its my opinions that a 70% no doc loan with someone who has a 720 or higher credit score I believe is a good loan. I personally believe that at some point it will be brought back.
I am not arguing with that, with a good FICO score I can agree with a 20% down for a stated income loan. People are encouraged through our tax system to write off all of their expenses and so often we have small business people who really are making money but because they take advantage of our tax system they are not able to get a loan. They cant qualify based upon their income.
In a lot of cases yes, but once again I definitely want to point his out just because someone is self employed and owns a small business and they do write everything off, that does not mean that they will not qualify. They may have been told now that they have to go stated income because of tax returns, but most people, the small business owner, the consumer doesnt know how to analyze his taxes, whether or not he is going to qualify for financing thats not his area.
Most CPAs dont even know how to analyze taxes to extrapolate enough income back out where we can use it as income, so just because a person is self employed does not mean that they cant qualify for financing and honestly nothing could be further from the truth. Plenty of people self employed, small business owners will qualify using their tax returns.
I think that anyone right now who doesnt own a home should be giving you a call getting pre-qualified. If nothing else give you a call and see what you can do. So you say, I wrote off a bunch of stuff last year and I am not going to be able to buy a house well maybe you can. But get in there, have a professional, have someone who knows what to do, whos been in the business for 15 years, have them take a look at it and decide whether or not you can really get that loan.
One of the things with my mortgage education; I am a certified mortgage planner. I am a certified mortgage analyst and a certified mortgage planning specialist. The significant part of that training and those certificates is in analyzing complex tax returns and we analyze complicated tax returns for professional athletes, for professional musicians, all the time. There is income always, it is just a matter of knowing how to get all of it out there. So I think we have kind of hit that.
So yes if you dont own a home today and you have been told NO, you need to find out if the person who told you no is qualified to tell you no, #1, and #2, less than 15% of the lenders in Arizona are qualified to do FHA loans. Those are the loans we are talking about, $100 down to buy a HUD-home, less than 3.5% down to buy a house with the best interest rates that we have seen in my career, its crazy not to look at your options.
If a lender does tell you no, it would be like going to a doctor and he says you have to have your arm amputated because you have a pimple on it. I think you are going to go get a second opinion, maybe even a third. To make sure you dont have to have it cut off. And that is exactly what we have here, if you go to a lender and he says, Well you are going to have to put down 20% you know he is not an FHA lender. So run out of there and call Michael at Velocity Financial and get yourself pre qualified.
Dan Havey, you have a great website, its called http://discountdreamhome.com and why dont you talk real quick about that. Its real simple, if you are looking to buy a foreclosed home, and as we discussed earlier they are many times the best homes to buy right now, they are vacant, they obviously have a highly motivated seller. You dont have to deal with all the troubles you would have to deal with from a regular or as we refer to them, an organic seller, because a lot of these people are upside down.
Duration : 0:7:49
Some of the principles behind consolidating your debt explained.