Applying For a Mortgage? Here’s What You Should Avoid Once You Do.
Applying For a Mortgage? Here’s What You Should Avoid Once You Do. | MyKCM
While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan.
Don’t Deposit Large Sums of Cash
Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss...
Read more
Read more | 0 comments
| Link directly to this article.
Your dream of owning a home in Elk Grove will no longer be a dream. With many loan programs for the first time investors on the Elk Grove homes for sale and all necessary information present on the internet, you can easily buy your dream home. With the right information and money in hand, your investment becomes easy. But it is essential that you handle your finances correctly. Here are a few steps to help you properly manage your money.
• Your credit score and credit grade will play an important role in determining the mortgage and interest rates that you are eligible to. So to begin...
Read more
Read more | 0 comments
| Link directly to this article.
Gone are the days when people would travel to different cities or countries to just attend a meeting. We now live in an era where we can communicate with a person at the other end of a video screen. It is the era of video conferencing and video communication. A video clipping explains the scene better than hundred words.
Internet plays an important role in video communication. The most famous internet communication tool in the present day is the YouTube. The Community videos available on YouTube have the advantage of reaching out to a wider population in a single attempt.
El Dorado County officials turned down $1.6 million in federal stimulus funds, leaving an ideologically diverse group, including affordable-housing advocates and local contractors, angry and perplexed.
The Board of Supervisors last week twice rejected what staff members described as no-strings-attached funding.
"It’s as close to a no-brainer as I’ve ever seen come before this board," Richard ...
Read more
Read more | 0 comments
| Link directly to this article.
PDF Documents - To read PDF documents, you need a PDF viewer. Links to viewer software can be found at this link.
IN THE NEWS:
Effective immediately, Certificates of Eligibility will no longer display a veteran’s date of birth. This change was made to limit the amount of personal data being displayed on Certificates of Eligibility. Please note, however, that veterans will still need to provide their date of birth when submitting an application for a determination of eligibility in order to process their request.
<...
Read more
Read more | 0 comments
| Link directly to this article.
ACCORDING TO FANNIE MAE GUIDELINES THERE HAVE BEEN ADJUSTMENTS TO QUALIFY FOR PURCHASING AFTER BANKRUPTCY,DEED IN LIEU OF FORECLOSURE, PRE FORECLOSURE SALES AS FOLLOWS:
New Requirements
Action:Bankruptcy (All Except Chapter 13)
4-year time period from discharge date
The 4-year time period remains the same but will now be applied from either the discharge or dismissal date of the bankruptcy action.
Chapter 13 Bankruptcy
2-year time period from discharge date
The time period for Chapter 13 bankruptcy actions is measured as follows:
• 2 years from th...
Read more
Read more | 0 comments
| Link directly to this article.
Article from US Department of Veteran Affairs Website
http://www.homeloans.va.gov/faqelig.htm
Questions about who is eligible for a VA loan and reuse of eligibility for another VA loan.
Q: How do I apply for a VA guaranteed loan?
A: You can apply for a VA loan with any mortgage lender that participates in the VA home loan program. At some point, you will need to get a Certificate of Eligibility from VA to prove to the lender that you are eligible for a VA loan.