| Recent Blog Posts by Sheri Kimberly | ||
Does it make sense for me to refinance?Before you jump on the refinance bandwagon, ask yourself and important question: How long do you plan on staying in this house? You'll need to know what the real savings will be once you back out points and fees (and don't forget your time). Look at your monthly mortgage decrease versus the amount of months you intend on staying in the house. If you plan to sell the house before all ...
Posted by
Sheri Kimberly
@ 1:02 PM
on 03/31/2010
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Fannie Mae Homepath Program Information (Scott's thoughts 3/23/10)Fannie's Homepath program lets borrowers put down as little as 3%, without paying for mortgage insurance. There are of course lender "add-on" that need to be considered and factored when comparing this program to your standard FHA.
Here is the Fannie Mae site in which you may obtain more details and a list of lenders cooperating with this program. Just cut and paste to your computer:
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Posted by
Sheri Kimberly
@ 12:59 PM
on 03/31/2010
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