Explore Hammonton, NJ

By Karl Peidl, Accredited Loan Consultant
Comments 2
  HUD recently announced that qualified First-Time Home Buyers who want to take advantage of the available tax credit of up to $8,000 now have another option available to them to help them become homeowners. It's clear that first-time home buyers have been having a major impact on the housing ma...

By Karl Peidl, Accredited Loan Consultant
Comments 0
1. Free Money. The $8,000 tax credit for first-time home buyers is valid through December 1, 2009. This is a special tax credit from the government that you don't have to pay back, as long as you stay in the home for at least 36 months.2. Affordability. Based on recent property declines and curr...

By Karl Peidl, Accredited Loan Consultant
Comments 2
In August 2009, the Post- 9/11 Veterans' Educational Assistance Act (signed by President Bush in 2008) kicks in for qualifying members of the military on active duty since September 11, 2001. The most comprehensive education program since 1944, this law is designed to provide veterans with a sim...

By Karl Peidl, Accredited Loan Consultant
Comments 0
  Finding a mortgage that's right for you should be easy. But there are often many different programs to choose from, as well as a myriad of ways to structure the loan in terms of the amount, term, payment, rate, closing costs...the list of options may seem endless.However, because there are so ...

By Karl Peidl, Accredited Loan Consultant
Comments 0
  In the last several years, some significant changes in both the real estate and home loan sides of the housing industry have had an impact on real estate transactions. The issue I would like to bring to your attention today could go further and affect the way you do business.The Home Valuation...

By Karl Peidl, Accredited Loan Consultant
Comments 0
Pre-approved Buyers: Disaster-Proof Your Deal A constriction in mortgage product offerings and the ongoing effects of the credit crunch have radically changed our business. It's not all doom and gloom. There is still plenty of money available to creditworthy borrowers. But lender guidelines have...

By Karl Peidl, Accredited Loan Consultant
Comments 0
The New Jersey Housing and Mortgage Finance Agency provides a variety of programs to help prospective home buyers to purchase a home.    Tax Credit Loan Program - The "Prefund" Program Now Available Up to $5000.00 Pre-Fund Stimulus Rebate!The First-Time Home Buyers Tax Credit Loan ("TCLP")  Progr...

By Karl Peidl, Accredited Loan Consultant
Comments 0
  Did you know that the major credit bureaus sell your personal information? It's true! Known as "trigger leads", the files of borrowers applying for a home loan are immediately flagged, packaged, and sold by the credit bureaus to the highest bidders. For about $25 to $100 or more, your name and...

By Karl Peidl, Accredited Loan Consultant
Comments 6
With 2 million layoffs recently, the employment websites are busier than ever. And it's not just jobseekers who are making these sites so popular. Consumer-protection and law-enforcement groups and better-business bureaus are reporting that a whole new breed of scammers and "phishers" are also lo...

By Karl Peidl, Accredited Loan Consultant
Comments 0
Mortgage Interest Rate Myths This may come as a shock to many borrowers, but it's absolutely true. Mortgage interest rates are not set by the Federal Reserve and, contrary to popular belief, mortgage rates are not directly tied to the yields of US Treasury bills, bonds, or notes - including the ...

By Karl Peidl, Accredited Loan Consultant
Comments 0
A good credit score translates into lower interest rates for home-shopping borrowers. In a mortgage lender's eyes, the higher your score is, the less risk you are, and the more likely it is you will pay off your debt. For this reason, borrowers with lower scores usually end up paying higher inte...

By Karl Peidl, Accredited Loan Consultant
Comments 2
  You've already filed your 2008 tax returns and maybe you've already received your refund. That means it's too late to obtain the $8,000 tax credit for first-time home buyers enacted by President Obama's Stimulus Plan, right? Wrong. The great thing about this tax credit is that you can still ge...

By Karl Peidl, Accredited Loan Consultant
Comments 4
    Everyone makes choices. Their outlook on life, whether at home, at work, behind the wheel or at the theater, directly correlates to the decision to be either positive or negative. In essence, it's as simple as whether you see the glass half full or half empty. As author Stephen R. Covey puts...

By Karl Peidl, Accredited Loan Consultant
Comments 0
Certain mortgage companies will pay top dollar to know exactly who is in the market for new financing. What's more, the major credit agencies not only allow files to be flagged whenever someone applies for a home loan, they actually sell this private information as leads to the highest bidders! ...

By Karl Peidl, Accredited Loan Consultant
Comments 2
In order to obtain a home loan, a borrower is usually required to have a homeowner's insurance policy in place. Experts agree that the most important question homeowners should ask when shopping for a plan is the A.M. Best rating of each company. New companies pop up all the time, and homeowners...

By Karl Peidl, Accredited Loan Consultant
Comments 2
  Consumers are often baffled by the home appraisal process. They may feel their home is worth a certain dollar amount, and therefore, the appraised value doesn't make sense to them. It is important to know that appraisal guidelines are dictated by the lenders. In many states, the lenders must d...

By Karl Peidl, Accredited Loan Consultant
Comments 2
Money-Saving Tips from the Pros   Fresh rains in the early spring are symbolic of the season itself, offering a revitalizing cleansing of the outdoors. The warming weather also offers a reminder to homeowners that now is the ideal time to do a bit of spring cleaning.  After all, a bit of due dili...

By Karl Peidl, Accredited Loan Consultant
Comments 0
      I once heard the expression, "Communication is the lubrication in your organization." That couldn't be truer, especially in the world of business. You simply can't over-communicate when dealing with clients. I find that the best way to eliminate the constant state of reactivity in which mos...

By Karl Peidl, Accredited Loan Consultant
Comments 0
In theory, finding the right mortgage should be a fairly simple process. After all, there are literally hundreds of options to choose from, including Fixed Rate, Adjustable Rate, Hybrids, and Interest Only loans, to name just a few. Mortgages are available with interest rates ranging from an int...

By Karl Peidl, Accredited Loan Consultant
Comments 2
    There is much give and take involved in negotiating a property purchase. That's why it's important to have a checklist of what you want to get out of the deal as a buyer. Bear in mind, the home must be appraised and the lender will be looking at the fair market value on a given property. Sin...

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