MELINDA POTCHER's (melinda) Blog

By
Mortgage and Lending - DIVINE MORTGAGE, LLC
RECENT BLOG POSTS
Comparing the Competition in the Local Mortgage Broker Market Recently I chose to have conversations with some of my local competitors in the Albuquerque Metro Area. I guess you could say curiosity had gotten the best of me, and as all humans tend to do at one time or another, I wondered if the g...
06/10/2008
Rio Rancho Declared a "Declining Market" If you know anyone whose home is for sale in the 87124 and 87144 Zip Codes in Rio Rancho or in 87113 (Vista del Norte ONLY) in Albuquerque, have them check with their Mortgage Professional IMMEDIATELY.On a development by development basis and/or a home by ...
04/29/2008
3 Comments
They want to be closer to you and the grandkids.You can help make that dream a reality.Purchase Real Estate for Aging Family Members & Fannie Mae treats it as a primary residence with premium rates and terms.You can do it... even if they can't.Many choose retirement villages & condos.Or a house d...
04/18/2008
0 Comments
Now is The Time... To Invest In Your Child's Future The FHA Lending Limit is currently $271,050 in the Albuquerque Metro. For less than $200,000, you could invest in Residential Real Estate for your Child's Future. If you have kids heading to college in the next 2 years, why not buy the house or ...
04/11/2008
Effective for all registrations after Friday, April 4th, another lender is eliminating the Agency Shortcut Mortgage program.All Agency Shortcut mortgages must be registered no later than Friday, April 4th. We will not accept any registrations on the Shortcut program after this date. There is no l...
04/04/2008
FHA Product Updates         Effective for all FHA loans registered and/or locked after today, Friday, March 28, minimum FICO scores will apply in all instances regardless of AUS (Automated Underwriting System) decision. Extensions will not be granted.          See the chart below for minimum FICO...
03/28/2008
ALL LOANS THAT WILL BE AFFECTED BY THESE CHANGES MUST BE LOCKED IN NO LATER THAN FRIDAY, MARCH 21, 2008. NO EXTENSIONS OR RELOCKS WILL BE GRANTED  IMPORTANT INFORMATION REGARDING UPCOMING AGENCY UPDATES - Elimination of LTVs 97.01-100%, Revised Minimum Credit Score Requirements and Cash-Out Refin...
03/17/2008
Updates- Important!.ELIMINATION OF THE FREDDIE MAC 100 LOAN PROGRAM  Effective for Locks on or after Monday, March 17, 2008In response to the continued deterioration of credit quality and declining home values in most areas of the country, Freddie Mac is eliminating the higher risk Freddie Mac 10...
03/10/2008
we just dropped from 135k to 132,900 thanks johnView ListingsProvided by:John FernandezBroadcast Realty, LLC2620 San Mateo NE Ste DAlbuquerque, NM 87110Primary: 505-250-0077 john@broadcastrealty.com View Listings link will be available for 30 days. If you do not see a link, copy this text to the ...
02/20/2008
The real estate adage is location, location, location. If you're looking for a job, you want to be in a state that has an unemployment rate lower than the national average, which is 5% according to teh most recent data from the Bureau of Labor Statistics (BLS).Here are the 15 best states to find ...
02/19/2008
Rainer
7,499

MELINDA POTCHER

local_phone(505) 821-7777
smartphone(505) 259-6397
Contact The Author