Woodbridge Mortgage News

Follow me
By
Mortgage and Lending - American Financial Network - NMLS #196099
Timely and relevant information about obtaining a mortgage, credit scores, FHA, VA, and No Down Payment Loans in the DC Metro area.
RECENT BLOG POSTS
This is exactly what my Veteran Home Loan buyer in Virginia is saying since their closing last week. Veteran Home Loans have features and benefits unlike any other loan program (rightfully so). In this week's VA Loan Tip we share how to get the seller to pay off your car to buy their home. Subscr...
04/16/2012
When does a  mortgage refinance make financial sense for Virgina Homeowners? A mortgage refinance makes sense where your goals and overall plan for your home meet in the middle. Every persons financial situation is different but typically a mortgage refinance can be good for homeowners looking to...
04/12/2012
HARP is the acronym for the Home Affordable Refinance Program. This refinance is for homeowners in Virginia that are underwater. HARP was first started in March 2009 but recently President Obama updated the program to help more underwater homeowners.   Here is a short video to explain how to reci...
04/10/2012
Have an egg-ceptional Holiday!      Check out our new Timeline Happy Easter!
04/06/2012
As a FHA Mortgage Lender I have come to the conclusion that buyers do not want a mortgage. What they do want is a place to create memories, security, stability, or maybe to start a family. Hey first time buyers let's not put the cart before the horse. Unless you can pay cash a mortgage loan is a ...
03/19/2012
 I had a call from a client that wanted to purchase a home with a Veteran Home Loan. After review of the credit report, the income to debt ratios (the numbers we use to actually caclculate buying power) were too high for VA Loan Approval based on the prospective property. But the wife had just "f...
02/17/2012
I am sure you have heard the news about historically low mortgage rates, upside down refinances,FHA Streamline Loans or VA Streamline Refinances... And I am sure you have asked the question  Should I Refinance? Watch the short video below to make an informed decision about refinancing your mortga...
02/04/2012
FHA Loans require a three and a half percent downpayment of the sales price. There are several acceptable sources of FHA Downpayment. In this week's video tip FHA Mortgage Lender, Markita Woods, answers the question about tax returns and FHA Loans   Having trouble viewing the video click "FHA Dow...
01/31/2012
Veteran home loans are no money down home loans up to $625,500 in Washington DC Metro Area. When buying a home typically two incomes are better than one for qualification but what are the rules for VA Loans and cosigners. In the short video below we answer the question, Can I Buy A Home With My G...
01/16/2012
The FHA Flip Rule is extended until December 31st, 2012. This is excellent news for first time home buyers, sellers, and especially investors. "Flipping" the practice of buying, renovating, and re-selling property at a significant profit was discouraged by FHA. However, in the current climate the...
12/30/2011
Rainmaker
147,383

Markita Woods NMLS#196099

Queen of Mortgages - FHA, VA, Conventional, USDA
Ask me a question
*
*
*
*

Additional Information