Upside Down in your USDA loan ?

Outdoor Living, Green Chinese Ceramics

Succulent low water garden

French Patio setting

Rural Homeowners Rejoice!

USDA Home Loan Borrower Program Brings Refinancing Relief

A new pilot program recently announced by the White House allows owners with USDA-insured mortgages to take advantage of today's low rates – and lower their monthly mortgage payments. If your home loan is backed by the United States Department of Agriculture, you may qualify for streamlined refinancing with:
§ No new property appraisal required
§ Reduced documentation requirements
§ You can be upside down

  To be eligible for this new program:

You cannot have missed any mortgage payments in the past 12 months.

Borrowers in the following states may meet the program requirements: Alabama, Arizona, California, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Mississippi, Nevada, New Jersey, New Mexico, North Carolina, Ohio, Oregon, Rhode Island, South Carolina and Tennessee.

Don't Wait! Take advantage of this program to get relief from your high mortgage payments now!


Caroline Gerardo Loan Officer NMLS #324982

EMAIL: CarolineGerardo@eaglehm.com

http://www.eaglehomemortgage.com/carolinegerardo
http://cgbarbeau.blogspot.com/  



Committed to Seeing You Home. NMLS #849059 CA #813I609 Universal American Mortgage Company of California, dba Eagle Home Mortgage of California. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. RMLA #4130383, NMLS #252392. Certain restrictions apply. This is not a commitment to lend. Applicants must qualify. Caroline Gerardo | Eagle Home Mortgage 8105 Irvine Center Drive #500, Irvine, CA 92618

Refinance Rates Dipped

Refinance

How Much Home Do You Qualify For?

How much home do you qualify for?   Interest rates can greatly affect your loan amount and how much home you can afford. Your credit history, the type of mortgage you choose, loan amount, and current market conditions are all things that affect your interest rate. In addition to the interest rate, the loan amount and sales price you qualify for is determined by your income, and monthly debt. However, there are many options available that will allow you to purchase a home with less cash required and a lower payment...   Call to see how much home YOU qualify for.   Caroline Gerardo Loan Officer NMLS #324982 Cell 949-637-8190 Office 949-784-9699 eFax 855-883-4303 CarolineGerardo@eaglehm.com www.eaglehomemortgage.com/carolinegerardo Committed to Seeing You Home. Eagle Home Mortgage 8105 Irvine Center Drive Suite #500 Irvine CA 92618 NMLS #849059 NMLS #324982 Caroline Gerardo (949) 637-8190 CA #813I609 Universal American Mortgage Company of California, dba Eagle Home Mortgage of California. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. RMLA #4130383, NMLS #252392. Certain restrictions apply. This is not a commitment to lend. Applicants must qualify.

SSN Printouts No More

Blue shingles

Yellow House

 

Dear Prospective Mortgage Borrower:

Important upcoming changes to the services at Social Security offices across the country.

As of February 2014, the Social Security Administration will no longer offer Social Security number (SSN) printouts and benefit verification information in our field offices.  However, to ensure a smooth transition, we will continue providing these services if requested until April 2014.  We are making these changes to meet the increasing demands for our services at the same time that our agency budget has been significantly cut by over $1B in each of the last three years.  During this same time period we have invested in technology that offers more convenient, cost-effective, and secure options for our customers to obtain certain services without visiting a local office.

Because the SSN printout is not an official document with security features, and is easily duplicated, misused, shared illegally, or counterfeited, eliminating it helps prevent fraud.  Employers, departments of motor vehicles, and other entities requiring SSN verification can obtain this information in real time or overnight using online government services such as E-Verify and Social Security’s Business Services Online.  Beneficiaries and recipients needing a benefit verification letter can obtain one immediately by registering for a my Social Security account at www.socialsecurity.gov/myaccount, or through the mail within 5–7 days by calling our national toll-free number, 1-800-772-1213.

I appreciate your support for this effort as we work to provide the best possible service to the American people.  For future updates and news visit www.socialsecurity.gov/thirdparty .

If you have questions, please feel free to contact me directly:  Caroline Gerardo at

Eagle Home Mortgage, A Lennar Company,  (949) 637-8190   NMLS# #324982

This is about Federal cost savings.

Make sure you keep your pink white and black long fold 1099 over forms.

 

You may need them to apply for a loan, or reverse mortgage 

 

Public Affairs Specialist

Social Security Administration of The United States