After a 15 day government shutdown that seems to have accomplished little else  except forcing the federal government to admit they have to create a budget and soon, the Fed has opened for business. So now what?  Internal Revenue Service …

FAQ – The Government has reopened, for now; how is my mortgage affected? Read more »

Six Things You Should NEVER do When Buying a Home 1. Don’t go buying a lot of junk, or even quasi-junk. Draining your savings or running up credit card debt to buy a new living room set, a big-screen TV, or a …

6 Things You Should NEVER do When Buying a Home Read more »

A lot of clients want to know why they should get pre-qualified for a mortgage?  It’s a good question!  Hi, my name is Jenny Miller with AES Lending. Let’s look at pre-qualification another way.

As part of our continuing service to you, we’d like to offer some tips that may be helpful when you’re looking to purchase a new home or refinance your home loan.
Above all else, pay your bills and start saving.

This 15 page letter outlines how the FHA plans to make exceptions that will allow borrowers with troubled past related to the economic malaise commonly called the Great Recession, to reenter the market in a shorter time-frame.

Is Raleigh's housing markets headed for another bubble?

However, here in Raleigh, there’s a different story. According to NAR, the Median Sales Price of Existing Single-Family Homes rose a healthy 2.9% in Q2 2013 from $193,200 during the same quarter last year to $198,800. But the real surprise for me was in Durham which saw a 3.6% overall gain from $198,500 to $205,700 for the quarter ending July 30, 2013.

Until recently, getting a loan to purchase a home in Raleigh North Carolina for borrowers with credit scores greater than 620 but less than 640 was nearly impossible. However, because of the improving real estate markets, lenders are beginning to …

FHA 203(b) Loans for North Carolina borrowers with 620 Fico Scores Read more »

Ricardo Cobos is a Mortgage Loan Officer in Raleigh North Carolina helping people achieve financial security through responsible homeownership using great no money down loans programs like the USDA Guaranteed Rural Development Loans call 877-212-7784 to speak with an experienced loan officer today.

People use the excuse of not having enough time, but if you get up earlier, watch less TV, work out at lunch, or wind down with exercise after work, you can reap the benefits and everyone around you will too!