Articles of Interest

» Ohio Mortgage Credit Certificate - Up to $2,000 Federal Tax Credit Per Year, Every Year
There is a special Federal tax credit available for Ohio homebuyers. This is not a one time tax credit but one that a homebuyer may claim year after year. It is called a mortgage credit certificate and it creates an income tax deduction that reduces a household's federal income tax liability and allows the household to have more discretionary income or more income to make a higher mortgage payment.

» Easier Mortgage Loan Approvals With Bail Out Bill

The bill is named the Emergency Economic Stabilization Act of 2008.  The bill still needs to be passed and signed by the president and there will be much debate before this happens.  This bill spends over $700 billion of tax payer dollars but what does this mean for those applying for mortgage loans?

» Debt Consolidation Mortgage Loans Bring Financial Stability For Homeowners
Many Americans are now feeling the pinch of high interest credit card debt, high auto loan balances, and high consumer debt. Add to this, the inflation of higher utilities, higher gasoline and higher food prices and it's no wonder divorce rates are up. A lot of consumers continue to pay the minimums on their credit card balances each month. With this habit of repayment, many won't pay their charge cards off in their lifetime.
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» First Time Home Buyers Have Many Obstacles To Overcome For Loan Approval
First time home buyers have many obstacles to overcome when purchasing their first home.  Mortgage lending much like other lending is risk based and as such for a buyer to approach the application process uninformed could lead to a denial of credit.  What are the factors that an underwriter looks for in approving a mortgage applicant?  The short answer is the four C's of lending which are collateral, capacity, capital and character.
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» Low FICO Scores Approved For Mortgage Loans
With the tightening of underwriting guidelines many borrowers are getting turned down because their FICO scores are not high enough to meet the threshold requirements to be underwritten. Foreclosures are at an all time high and every week it seems the tightening is getting worse. Those with low fico scores are often left out in the cold.
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» Jumbo Mortgage Loans Approvals Are Still Available As Guidelines Tighten and Loan Limits Are Raised

With the housing and mortgage markets in peril, the jumbo loan is on the brink of extinction.  Purchasing a home using a jumbo loan is hard enough today, getting approved on cash out or debt consolidation jumbo mortgage loan refinances is even tougher.  Fewer lenders today offer jumbo loans than ever before leaving many buyers with few choices when it comes to jumbo loans. Jumbo loans are still available, but applicants need to know where to look.
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» A Reverse Mortgage May Be The Answer For Seniors Needing Cash
Seniors, age 62 and older who are looking for money for any reason may just find themselves sitting on it. Thousands of seniors every month are cashing in on the equity in their homes by doing reverse mortgages. It may be the best way for seniors to get cash without paying income tax on the money they take out and the seniors are not required to pay the money back.
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» Pay Off Your Home in 8 Years Without Paying More Per Month
Yes, You Can! Now there are fantastic new programs available that help you pay off your mortgage in 8 years or less without paying more than you are paying now and without altering your life style. This is not a bi-weekly program. This is a system that is tailored for each individual consumer by using a very user friendly software.
Watch this NBC news segment video..... 

» $200 Billion in Adjustable Rate Mortgages Adjusting This Year_Is Yours?
$200 billion in mortgages will face payment shocks every year for the next four years as analysis done by the Federal Reserve Bank of Boston. This means those hybrid ARMs are beginning to adjust.
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» Now Is The Time To Buy Florida Real Estate
You've heard about the silver lining in the cloud. Well, it's here and we are walking around on it. The problem is, we can't see the forest for the trees. Did you kick yourself for not buying Florida real estate before the big run up in real estate?
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» First Time Home Buyer For Florida Real Estate
Not long ago, buying your first home was almost impossible when applying for a conventional loan. Later, underwriting criteria relaxed and it became easier to obtain a mortgage for a first time home buyer. Now, with the ever increasing number of foreclosures, it is almost impossible for first time home buyers to get approved for their first time home purchase. Lenders across the nation have eliminated the conventional first time home buyer loans.
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For information on any of the above programs or all of your mortgage needs, you may contact Bill Burress, Nationwide Mortgage Expert at Toll Free 1-800-239-1416 or fill out the 30 Second Inquiry Form. 

Bill Burress, Nationwide Mortgage Expert can approve loans in all 50 states and has over 27 years experience in the mortgage business.

Now approving mortgage loans in the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington D.C., West Virginia, Wisconsin and Wyoming.