Saturday, November 24, 2012
Do you have a mortgage opened prior to May 2009? If you have a FannieMae or Freddie Mac mortgage you may be eligible for a streamlined refinance where you could cut your rate and term without an appraisal. You can google fanniemae look up tool and freddie mac look up tool or call your loan servicer to find out if you qualify for this program. If you currenlty do not pay mortgage insurance and your new value would require it now you still would not pay mortgage insurance under this program. Contact me for more information at 414 224 4732. Thank you
Friday, November 2, 2012
It's simple really to apply for a mortgage. As long as you are prepared it is easy. Lenders require 2 years of income, like taxes and W2s if applicable, 30 days of paystubs and checking and savings statements. That's all there is to it. Years ago if you could fog a mirror you could get a mortgage; that has changed but it really is not difficult if you are prepared and willing to provide what is needed. Good Luck!