Chapel Hill Mortgage Lender | Robby's Blog about Mortgages in Raleigh, Durham, Chapel Hill, and Crystal Coast area of NC
The Federal Housing Finance Agency (FHFA) recently announced a new, streamlined home loan modification program to help home owners who are behind in their payments or own a home with a mortgage that is under water.
The purpose of the recently announced program continues to focus on helping troubled borrowers avoid foreclosure and stay in their homes.
Not all loans are approved. And even when they aren’t approved immediately, it doesn’t have to be the end of your real estate dreams.
by Robby Oakes
You may be wondering what PMI is and how you know when you need to purchase it.
Below is the short version of what you need to know.
by Robby Oakes
According to the Federal Reserve’s quarterly Senior Loan Officer Survey, it’s getting easier to get approved for a home loan.
by Robby Oakes
As another signal of an improving U.S. economy, the nation’s biggest banks have started to loosen mortgage lending standards.