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

2012 

In reading some of the daily reports that I get, there was one yesterday on the American International Group, better known by their initials (AIG), that really stood out.  The report stated that AIG Is Starting A Mortgage Company.  For those that are not familiar with AIG, they were one of the fi...
11/14/2012
McCue Mortgage has a Hall of Famer!  McCue Mortgage First Executive Vice President, Frank Haran was recently inducted into the New England Mortgage Bankers Association Hall of Fame. Frank joined McCue Mortgage in 1983, and heads our Whole Sale Department.  Frank's 39 years in the Mortgage Industr...
11/13/2012
Several Homeowners in the Northeast have lost their home because of Hurricane Sandy, and are in need of assistance.  So this weekend I searched through Mortgage Program Guidelines to see if there were any programs available to assist these Homeowners in obtaining a new mortgage.  As I searched th...
11/12/2012
Middletown Senior Center Free Dental Cleaning and Screening Clinic.  The Middletown Senior Center is very active in not only providing the Senior Citizens of Middletown, Connecticut with several activities through out the month, but also many free services like the Free Dental Cleaning and Screen...
11/12/2012
17 Comments
Yesterday was Veteran's Day, so I thought that it would be very appropriate to post a blog on one of the few benefits that our Veterans are entitled to both while serving our country and after they are discharged, a VA Mortgages.  A VA Mortgage is a benefit that is available to all our Veterans, ...
11/11/2012
  Applebee's has a special signature menu that Veteran's can pick from and eat free today.  Applebee's is doing this to honor all our Veterans that have served our country and put their life on the line for the freedoms that we all have today.  Veterans do have to show proof, but if you are trul...
11/10/2012
10 Comments
I wrote a blog a couple of days ago titled Compensating Factors Required To Qualify For A Mortgage.  Ginny Gorman commented in the blog about one of the Compensating Factors, "Mattress Money", which made me realize that I needed to explain why "Mattress Money" is a problem in meeting Underwriting...
11/09/2012
Public Forum At The Russell Library In Middletown, CT tomorrow, November 10th.  The Russell Library is holding this public forum for the purpose of get input for the public on future ideas for the library. The forums will be conducted Alan Gray a planning consultant who has extensive library exp...
11/09/2012
Compensating Factors is a term that I here fairly often, but most of the time it is being used improperly by those that really don't understand what  Compensating Factors Are Required To Qualify For A Mortgage.  Compensating Factors are mainly used when a Borrower exceeds Underwriting Guidelines ...
11/08/2012
The Snow Is Starting Early This Year.  Last year the same thing happened, and then hardly any snow for the rest of the Winter, but somehow I have a feeling that it will be a different result this year. The snow started around 11:00 a.m. yesterday, and stopped, at least I thought it had stopped ar...
11/08/2012
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