Wendys Mortgage Blog

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Mortgage and Lending - Prospect Mortgage - NMLS #40660
RECENT BLOG POSTS
On September 23, 2010 Fannie Mae announced new Incentives for Homepath property buyers.  This incentive offers qualified homebuyers who will owner occupy the property to receive up to 3.5 percent of the final sales price that can be used for closing cost assistance and even a home warranty (if av...
10/01/2010
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USDA guaranteed financing has become available once again.  Through USDA's Guaranteed Rural Housing loan program, low and moderate income people can qualify for mortgages even without a down payment.  Loans may be up 100 percent (103.5 percent if guarantee fee is financed)of appraised value or pu...
09/29/2010
The deadline for the new Homebuyer Tax credit is fast approaching, June 30, 2010.  Some have been misinformed that it has been extended. I have seen many articles stating "The Senate has voted to extend Homebuyer tax credit".  An Extension has passed the Senate but has not been presented or PASSE...
06/22/2010
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Wendy Burdett

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