Archive | Mortgage

Utah County Loan To Own

Utah County Grant funded for 2011

Utah County Loan to Own Grant / DPA Big news for a Utah County First Time Buyer Program! The Utah County Loan to Own program is now taking applications for their new federally funded first time homebuyers’ grant. For years the county commissioner has felt like the Utah state administrator was not giving Utah County […]

Continue Reading

USDA Rural Housing Refinance without appraisal

USDA Rural Housing Refinance A USDA Rural Housing refinance not requiring an appraisal may be the answer to reducing your overall mortgage payment. With the depreciation that has happened in Utah and across the country many homeowners are struggling to find a solution to refinancing their USDA mortgage. Most have tried however have been unsuccessful […]

Continue Reading

Low Credit Scores Will Cost You Even More Come April 2011

Fannie Mae is reconsidering the the risk involved in lending to homeowners with lower credit again. Almost across the board it will become more expensive for borrowers who do not have close to perfect credit. The expense will either come in the form of higher interest rates or higher closing costs. Both Fannie Mae and […]

Continue Reading

Utah County Loan to Own is back for 2011

It’s official– Utah County Loan to Own is back in action and they have money to give. The Utah County Consortium of Cities which includes Lehi, Lindon, Orem, Payson, Pleasant Grove, Spanish Fork, Springville and Unincorporated Utah County is ready to help you get into your first home! Almost the same stipulations apply for getting […]

Continue Reading

Are Jumbo mortgages making a comeback?

It wasn’t but a few months ago that Jumbo loans were a naughty word on the secondary market. It didn’t matter what type of equity or credit you had there was just not an appetite for investors to purchase these loans. We saw some million and multimillion dollar homes lose half their appraised value in […]

Continue Reading