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PMI - Private Mortgage Insurance Basics
Wednesday, October 29, 2008
Have you ever wondered what Private Mortgage Insurance is? Maybe you have spoken with your Mortgage Banker and you are weighing the pros and cons of one loan versus the traditional 1st and 2nd combination. This article helps to explain the basics and benefits of Private Mortgage Insurance on a non-traditional loan over 80% loan to value.
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Phishing Scams: The Next Generation of Fraudulent Data Gathering
Wednesday, October 29, 2008
With fears on the rise about the financial industry, phishing scams have been on a steady targeted rise. There are many ways to identify a phishing scam so that you can avoid sharing any of your personal or private information.
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The Fight to Save Down Payment Assistance Programs
Tuesday, September 16, 2008
Many People have utilized Down Payment Assistance Programs in order to realize their dream of home ownership. The new HR 3221 Bill would negate the Down Payment Assistance Corporations like Nehemiah Corporation. Mortgage Professionals and Realtors have been petitioning for the bill HR 6694 which would save Down Payment Assistance Programs.
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This Week in News Translates to Good News for You!
Tuesday, September 16, 2008
With everything regarding bankruptcies, government agencies stepping in to assist Fannie Mae and Freddie Mac, you may be wondering how these seeming negatives translate into something very positive for the mortgage consumer.
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HR 3221 Frequently Asked Questions
Friday, August 15, 2008
Do you have questions about this new bill? Please see the most Frequently Asked Questions, pulled directly from the Federal Housing Tax Credit Website. Please let us know if your question does not appear, and we will do what we can to find the answer for you.
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Key Provisions in H.R. 3221, The American Housing Rescue & Foreclosure Prevention Act
Friday, August 15, 2008
Do you want to know the generalities of the HR 3221 bill without having to read 700+ pages? Summit has the solution with a bullet point style recap! Please look at the information we gathered from the House Fiancial Committee Website on the basics of the bill, and call us with any questions you may have.
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Will the Homeowner Rescue Help You?
Wednesday, July 30, 2008
Article from MSN Money, and Bankrate.com, written by Holden Lewis
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What the Fed Decision Means for You
Wednesday, June 25, 2008
If you have a mortgage, carry credit cards and are considering a home equity loan to cope with soaring food and energy prices, you should be paying attention to what the Fed has to say...
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National Association of Home Builders Show
Thursday, February 15, 2007
During the 2007 NAHB show held Feb 7-10, in Orlando FL, the association revealed their predictions for "The Homes of the Future, " buyer statistics, and new green building projects.
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