Nathan's Mortgage Blog

Hello Atlanta Agents, Get $10K, $15K or $20 for your customer to buy a foreclosure home in Paulding County. The NSP grant acts as a silent second that is forgiven in full after the buyer has been in the home for 5-10 years, depending on how much they receive in Grant money. Max purchase price is ...

Washington, DC - Today, the House Financial Services Committee unanimously passed H.R. 5017, the Rural Housing Preservation and Stabilization Act of 2010, introduced by Congressman Paul E. Kanjorski (D-PA), Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and G...

Chase is reporting that there is just over 2.2 Billion left for RD funding Nationwide. If you have buyers looking for homes in the RD areas, the time to get the homes under contract is now. We as an industry have been taking in about $300 Million per week, so there is only about 7 weeks left to g...

There are many lenders who have stopped taking loan applications for the Rural Development loan due to the limited funds left for the 2010 Fiscal Year. There are currently $2.645 Billion in available funds for the program. However time is running out! Funds should be exhausted in the next 4-5 wee...

There are many lenders who have stopped taking loan application for the Rural Development loan due to the limited funds left for the 2010 Fiscal Year. There are currently $2.645,602,294 in avaiable funds for the program. However time is running out! Funds should be exhausted in the next 4-5 weeks...

Funds have recently become avaiable to provide grants to homebuyers through NSP funds for these Georgia Counties: Bartow Catoosa Chattoga Dade Floyd Gordon Haralson Paulding Polk Walker This is a great program that can be used with any 30 yr fixed rate loan program. Eligibility is based on total ...

Hello Fellow Realtors,    This is a HUGE set back and I am interested to see how PEMCO is going to reward bids on HUD houses with this news.    Mortgage E letter  March 8, 2010    You can no longer order a 2nd Appraisal on a FHA HUD REO if the appraisal is still valid (180 days) UNTIL APRIL 1ST 2...

This is a great article from the Douglas County Sentinel. Senator Johnny Isakson addressed the West Georgia Board of Realtors yesterday and had this to say about the tax credit extension:  U.S. Sen. Johnny Isakson Wednesday urged Georgians to take advantage of the $8,000 first-time home buyers ta...

Finally we have some relief for those potential home buyers out there with good credit. Just got this program today - I have a lender with whom we can now do 95/5 combo loans for 100% financing. Buyer needs to have a 620 credit score. It is for a select type of home buyer, and could be very usefu...

For Immediate Release: September 16, 2008 CONTACT: Henry Fawell(410) 545-5830 H.R. 6694 is approved by key Congressional Committee Bipartisan legislation would reauthorize downpayment assistance   GAITHERSBURG, MD - Ann Ashburn, President of AmeriDream, issued the following statement today after...