Brought to you by 7th Level Mortgage LLC
New 2015 FHA Guidelines Bankruptcy – You may apply for a FHA insured loan after your bankruptcy has been discharged for TWO (2) years with a Chapter 7 Bankruptcy. You may apply for a FHA insured loan after your bankruptcy … Read More
Fannie Mae is making big changes to its mortgage program for low- to moderate-income households. Based on the new census information these new guidelines should be much more accurate in today’s financial marketplace and help many families receiving outside financial … Read More
What is a rate lock? It protects the borrower from rate fluctuations for the duration of the lock period. With the announcement of the Federal Reserve for interest rate hike in the closing months of 2015, here are 7 reasons … Read More
If you’re planning to buy a home but have limited down-payment funds, 2015 might be your lucky year as two new programs were recently announced and offer funding up to 97% of the total purchase price. This means home buyers … Read More
VA loans have been known to be very helpful for eligible veterans or their surviving spouses. Among its most popular benefit is not being required to put down money for a down payment as regular Conventional, FHA and other homebuyers … Read More
One benefit that veterans, active duty and active reserve service members have over ordinary citizens is their access to home ownership through VA loans. However, veterans in New Jersey still have to pass certain requirements in order to qualify for … Read More
Whether you are a small or large enterprise business owner from New Jersey, there may come a time when you need to acquire a loan. The main reasons for doing so are expansion, building upgrade, facilities and so on. But … Read More
It can happen to anyone. A person might have secured a student loan sometime in their young adult life to afford education to make a better future. Then, once done, the search begins for that well-paying job, then begins the … Read More
Purchasing a home requires a whole lot of time, effort, and funds. This includes a large commitment and possible sources of frustration, especially if you happen to be a first-time homebuyer. Most of the stress stems from acquiring proper financing … Read More
Among the many apprehensions that come with becoming a homeowner, especially for first-timers, are the loan fees. It’s easy to lose track of expenses in the midst of all the other paperwork, but it’s important to be extremely mindful and … Read More