1/27/2014

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

1/22/2014

How Much Home Do You Qualify For?

 How much home do you qualify for?
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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.
 
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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
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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.
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