Tag Archive: loan

Florida, California, and Nevada Tally Half of the Nation’s Foreclosures

TweetForeclosures have pretty much dominated the nation’s newspapers and online real estate blogs since 2007. Seems it’s nearly impossible to turn on the news or open a paper without some foreclosure-related story. Interestingly, much of the nation’s foreclosure activity seems to be geographically centered.  Per the folks at RealtyTrac.com, over half of the foreclosures we saw…

Winter Haven 203(k) Rehab Loans – Part 2: Eligible Properties

In part one of this Winter Haven 203(k) Rehab Loan series, we talked about some of the basic components of the FHA 203(k) Rehab Loan. This post provides some basic insight into the types of properties eligible for this program.

What Winter Haven Homeowners Should Know About FHA Streamline Refinance Loans

TweetWinter Haven, Florida homeowners face many reasons to refinance their mortgage loan.  Bills never stop coming in, and high mortgage payments often push otherwise solid borrowers into very difficult situations.  Are you in this predicament?  Do you need a way to lower your mortgage payment? If so, then take it!  It’ll do you and your…

A Closer Look at the Making Home Affordable Modification Program

The Florida mortgage landscape may shift a bit here shortly as the Obama’s home affordable modification program, titled “Making Home Affordable,” sets to take hold on April 4, 2009.

The USDA Rural Development Loan Program: Top 10 Things Borrowers Need to Know

TweetWord on the street is that 100 percent financing is a thing of the past. NOT TRUE!!! There remains here in Polk County, Florida and in other parts of the nation a true 100 percent financed home loan purchasing program surprisingly few folks are talking about. What’s the program? Hey… glad you asked.   Why,…

The Making Home Affordable Refinance and Modification Program – Are You Eligible?

TweetFlorida is dealing with a record number of foreclosures, and many homeowners are looking to the   Making Home Affordable Refinance and Loan Modification program as a way to help them avoid this fate. When the program was first announced in February, it had two main objectives: To help financially-needy homeowners get mortgage relief To…

Are Florida Foreclosure Numbers Inflated?

Tweet Mortgage Blogger Sue Botelho of Northstar Mortgage Group, LLC in Destin, Florida recently posted a great article about foreclosure numbers in our state and whether they’re erroneously reported.   There are some great points made in this piece – specifically dealing with how Lis Pendens and the foreclosure of investment properties. Her take on…