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Mortgage and Lending - Right Start Mortgage (NMLS #35960) - NMLS #19622
reverse mortgages, NY mortgages,FHA loans, VA loans, great rates, poor credit, debt consolidation, pawling ny mortgage, mortgage broker

ARCHIVED BLOG POSTS

2009 

It is very important that you get pre-approved before beginning your search for your new home. This statement holds true always, but is especially important in today's credit tightened mortgage market. I spoke with a prospective customer the other day who had found a home that he wanted to purcha...
06/29/2009
I read an article yesterday on MarketWatch.Com that basically summed up some of what I've been telling my customers of late. Rates were very low -- below 5% for a 30 year fixed rate mortgage -- a few weeks ago. People wouldn't commit to 4.75% because they wanted 4.5%! Then, some good (albeit bogu...
06/23/2009
There's been a lot of talk about the $8000 Tax Credit for First Time Homebuyers. This is a terrific incentive and actually isn't only for First Time Homebuyers. You just can't have owned a home in the last 3 years. The credit can be claimed on 2008 or 2009 tax returns. Homebuyers who get a loan ...
06/18/2009
I read an article this morning on Time.Com that is pretty ominous for NYC (and surrounding areas) homeowners. Deutche Bank has come out with a real estate forecast, saying they believe that home prices in the NY metropolitan area, including Westchester County and Northern NJ, will decline an addi...
06/17/2009
I heard a story over the weekend that is becoming more and more common. People hear on TV or read on the internet that they should call their current mortgage lender to have their mortgage modified. A modification may be to have their interest lowered to current rates, lengthen the term of their ...
06/15/2009
Another cool feature about Reverse Mortgages is that they are not credit dependent. Your credit score is not a factor in the decision making process. The loan amount you qualify for will be based on your age (similar to insurance products) and the equity (appraised value of home minus any mortgag...
06/11/2009
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Below is an excerpt from an article in today's Wall Street Journal about Reverse Mortgages. While it's important for seniors to be educated about the product to ensure that it's the right financial tool for them, a reverse mortgage is definitely an option that should be explored, in my opinion. "...
06/10/2009
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There is still a way to get 100% mortgage financing! There's just one catch. You need to be US military veteran. If you are, you are in luck. A VA loan is the least expensive way to purchase a home in today's volatile real estate and mortgage environment. You can qualify to borrow up to 100% of t...
06/03/2009
I can't tell you how often I'll have a potential mortgage customer ask me "What are your rates?", as if this were a black and white question. I think it's the fault of our industry and how we've marketed our product that has people thinking I just have one rate! Yes, banks typically do have a "ra...
06/03/2009
I'm currently doing a mortgage for a first time homebuyer who's buying her first home. She has extremely high credit scores (all 3 scores are over 800) and very little debt. She has a good paying, steady job (as much as a job can be steady in today's economic environment!) and has plenty of cash ...
06/02/2009
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Steve Hawk

Licensed In AZ, CA, OR & WA
local_phone(914) 696-3400
smartphone(845) 612-9620
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My blogs will contain mortgage-related information, based on my experience, that will hopefully be helpful to anyone looking to purchase a new home or refinance their existing mortgage.