A Guide to the Pennsylvania Mortgage Market
A Guide to the Pennsylvania Mortgage Market
ARCHIVED BLOG POSTS
2011
Buying a 3-4 unit property in Pennsylvania is often a great investment. The buyer obtains a primary residence and has extra units to rent out and collect extra income. Often this extra rental income ends up covering the mortgage payment and expenses of the property. This enables the owner to ...
04/26/2011
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Finding the Lowest Mortgage Rates in Pennsylvania is sometimes just a matter of looking in the right place. As a mortgage professional in Pennsylvania, I keep tabs on this subject and have found that the key to finding the lowest mortgage rates in PA is all about having access to as many lenders...
04/26/2011
Using a 100% USDA mortgage is a great way to finance the purchase of your next home in Washington County. These are great loans for those who qualify and the USDA loan remains as one of the true no down payment programs out there. If the home appraisal allows, the closing costs can also be wr...
04/23/2011
The $8000 tax credit that expired at the end of June 2010 placed a lot of new homebuyers in their very first house. Most of these first time buyers probably planned on owning these homes for years and years to come. We all know that sometimes life gets in the way of even the best laid plans. ...
04/23/2011
My property is no longer in a USDA zone... can I still refinance with a USDA mortgage? I had this question from a caller the other day and it was a good question. They had read my recent post about USDA Refinancing and wondered if they would still be eligible for USDA financing since there ...
04/18/2011
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Using a USDA Refinance in Pennsylvania is a great way to lower the monthly mortgage payment on a USDA loan. Rates are still near historic lows and taking advantage of these rate levels will benefit many who are seeking to refinance a USDA mortgage. USDA refinances can only be used to pay off a...
04/16/2011
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Achieving the dream of a free and clear home is more in reach than many homeowners realize. The main benefit that is often touted when refinancing is that those who qualify can often lower their mortgage payment by several hundred dollars per month. The new payments advertised with these low...
04/09/2011
The FHA 203K Process breaks down into a series of steps that enable the homebuyer or homeowner to determine the cost of the desired renovations, how these renovation will improve the property's market value and how their desired renovations will effect their FHA 203K financing options. The ord...
04/03/2011
If you have a second mortgage on your home you need to be aware of the rules of when a refinance is considered "cash out". When an application is considered a cash out refinance, the maximum Loan to Value will be limited to 80% for Conventional financing and 85% for FHA financing. The presence...
04/02/2011
A few weeks ago we talked about the improvements that were allowable under the FHA 203K program, that article http://activerain.com/blogsview/2172018/allowable-improvements-under-the-fha-203k-program discussed all the improvements possible with the program. I had some follow up questions fro...
04/02/2011
Rainmaker
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651,443
Keith Landis
Pennsylvania - "Your Pennsylvania Mortgage Source"