Georgia Dream, NSP

I know I said this before…but really, NOW is a good time to buy. Take a look at what my mortgage specialist sent me: “DCA Allows up to $14,000 for down payment or repairs on foreclosed properties under Neighborhood Stabilization Program The Department of Community Affairs, better known as DCA, has come out with a […]

by Nia Knowles
April 3, 2009
Uncategorized

Sam Thompson: Opteum Mortgage

I was hoping this might happen. FHA may be coming to the rescue. There is a big void out there now for customers with sub-standard credit scores that cannot qualify for conventional loans. There are others that already own a home and have a loan but need help with the type of mortgage they used […]

by Nia Knowles
December 16, 2007
Mortgage 411

Opteum Mortgage: Mortgage News

Ringing in the new year will be a present from Fannie Mae and Freddie Mac to borrowers with credit scores under 680. Here is what these borrowers on conventional loans with Loan-to-values over 70% will receive on either purchases or refinances: Credit score less than 620: Either a 2 discount point sur-charge or a higher […]

by Nia Knowles
December 8, 2007
Mortgage 411