by Irene Moustakas | Jan 30, 2009 | Loan Programs and Products, Tips
I’ve received many calls recently from referrals and new clients asking about refinancing out of their ARM and into a Fixed Rate Mortgage. Depending on the value of their house, their credit score and qualifying, sometimes I can help them, sometimes I can’t. But...
by Irene Moustakas | Jan 26, 2009 | 1st Time Homebuyers, Industry News, Loan Programs and Products, Tips
UPDATED JANUARY 13, 2010: Please refer to my most recent post regarding minimum down payment requirements. They are based on loan amount range as well as property type....
by Irene Moustakas | Jan 20, 2009 | Loan Programs and Products
California Housing Finance Agency (CalHFA) is and has been an excellent option for first-time homebuyer financing. Unfortunately, it has been temporarily suspended. CalHFA provides its loans through state-issued bonds, but because of our state budget crisis, there are...
by Irene Moustakas | Jan 14, 2009 | General Market News, Industry News
I wrote a blog post on this subject in September. To get a better understanding of its foundation, see my previous post: http://loansbyireneblog.com/2008/09/02/for-better-or-for-worse-new-appraisal-process-come-january-2009/ Essentially, the Home Valuation Code of...
by Irene Moustakas | Jan 12, 2009 | Business Promotion, Miscellaneous
Hello! Please remember that you can subscribe to my blog using the link to the right. Subscribing allows you to receive updated blog entries directly in your email inbox. You will not get spammed nor solicited in any way. Please let me know if you have any questions...