George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages - NMLS #65149

ARCHIVED BLOG POSTS

2009 

Those of us in the Real Estate Industry, all recognize that FHA is one of the main Loan Products right now for a Buyer to consider.  FHA is HUD"s Federal Housing Administration arm which insures mortgages for Lenders/Banks.  FHA insured Loans presently offer Borrowers Loan Programs with Lower Dow...
04/10/2009
Most people in the Real Estate Industry know of the FHA 203K program, which was designed to allow Buyers to obtain funds to make major repairs on properties that in a lot of cases are not habitable.  The FHA 203K is a loan that is challenging to do, and anyone looking to do one of these loans wou...
04/09/2009
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This blog makes the 200th blog that I have written.  When I started on ActiveRain back on September 14, 2006 I had never written a blog before. I joined because I did not have any presence on the Internet, and figured that I would just create a profile, attach a picture, and that would be it.  Bu...
04/08/2009
The Middlesex County Chamber of Commerce will be holding its next Business After Hours on Thursday, April 23, from 5 p.m. to 7 p.m at the Galleria Design Center in Middletown.  This will be the second time that the Chamber has held a Business After Hours at the Galleria.  The first was last year ...
04/07/2009
Recently many changes have been taking place in the Lending Industry.  It seems that every week something changes and new regulations are handed down.  These days you have to constantly make sure that something new has not changed before submitting a loan, and this week is no exception. We were j...
04/06/2009
We are starting to see the first signs that Spring in Connecticut.  It is not here yet, but today the weather was warm and I saw for the first time this year buds on the maple trees in my back yard.  This to me is a good sign that warmer weather will be here real soon.  Spring is my favorite time...
04/05/2009
The third Bill that was covered up at the Capitol on Wednesday was HB 6600 which would establish the SustiNet Plan, which would finally provide affordable Health Insurance for Realtors as well as other self-employed, and small businesses.  For years Realtors as independent contractors, along with...
04/04/2009
Yesterday I wrote about my visit to Hartford for Realtor Day At The Capitol, and the first issue that I felt needed to be brought to everyone’s attention, and that those of us in the Real Estate Industry need to come out in opposition of this Legislative session, was House Bill HB 6349, Tax On Pr...
04/03/2009
I spent Wednesday morning in Hartford for Realtor Day At the Capitol, where we were given details on issues that we should consider supporting, and issues that we need to come out enforce against. I plan on covering a couple of the issues that we need to strongly oppose, and one that should be su...
04/02/2009
Yesterday I did an introductory post about the USDA Loan Program, comparing it to our Stated Bonded Loan Program CHFA.  In that comparisons I listed some of the benefits that each of the programs have over each other.  In this blog I am going to just talk about the USDA Loan Program, and go into ...
04/01/2009
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