What To Do If You Can’t Buy A Home Right Now…

I originally posted this a couple of years ago, but it’s so important that I think it bears repeating…

If you are wanting to purchase a home in 2013, but you aren’t able to qualify now – here’s what you need to do…

1) Isolate the reason you can’t get a mortgage now. (I can do this for you).

2) Make a plan to solve this problem.

If credit is the reason you can’t get a loan now – you need to know exactly where you are now.

…and, you need to know where you need to be for a loan.

I would like to help you create a plan.

I’ve seen many success stories of borrowers that had a plan to follow and did what ever it took to execute that plan. In a matter of a couple of months to six months they are usually ready for a loan.

…not only that. It gives a person confidence and purpose when you have a clear goal, and a plan to achieve that goal.

So, contact me and I’ll help create a plan for you. …and the best part is that I do this as a free service to you!

That’s it for today!

Have a good day today! …and thanks for reading.

Brett

To see if you qualify for a mortgage right now – CLICK HERE and fill out this simple application.

To sign up for my weekly mortgage quick tips – CLICK HERE.

FHA TIP… And, Warning!

I wanted to again remind you – if you are trying to get an FHA mortgage, and you have older collections you need to take action before October 15.

The reason is that all FHA case numbers pulled after October 15 must include a payment for collections totaling in excess of $2,000. We either have to take 5% of the aggregate balance for the payment, or you will have to negotiate your own payments we each account holder.

…and, really if you are thinking of buying a house with an FHA loan I would do it now. This is because if you wait until mid October it will likely be too late. (We can’t pull a new case number without a contract and a property address)

By the way… Did you know I can FHA loans down to 580 with just a 3.5% down payment? …Yep!   …Call or email me if you need help with your situation!

Also… Initial Jobless Claims report is due out this morning at 8:30 AM and could be a mortgage rate mover.

That’s it for today!

Have a good day today! …and thanks for reading.

Brett

To see if you qualify for a mortgage right now – CLICK HERE and fill out this simple application.

To sign up for my weekly mortgage quick tips – CLICK HERE.

Interest Rate Tip, And Other Stuff…

It’s widely believed that the September 18th Fed meeting will bring a taper announcement for bond purchases.

Ultimately this would lead to ongoing rising interest rates.     …So, if you have been on the fence about refinancing I wouldn’t wait too long. Now is the time to take action.

…On a separate note:   I wanted to tell you about a neat mortgage calculator I have on my site.

If you have been considering buying a house, or refinancing… …and, you were wondering how much your payments would be feel free to play with this calculator.

You can see year by year how much principle and interest you have paid.

You can see your ongoing balance year by year.

Want to see how much interest you would save if you refinanced to a 20, 15, or 10 year loan? …It’s easy to see with this calculator.

Here is the link for the calculator:  http://loansdonequickly.com/mortgage-calculator/

That’s it for today!

Have a good day today! …and thanks for reading.

Brett

To see if you qualify for a mortgage right now – CLICK HERE and fill out this simple application.

To sign up for my weekly mortgage quick tips – CLICK HERE.