Lehigh Valley Mortgage Loans

If your are looking for a mortgage in the Lehigh Valley, we wanted to let you know about http://lehighvalleymortgageloans.com/. This is a great new site, specifically set up for Lehigh Valley home buyers looking to get pre-qualified for a low interest mortgage.
http://lehighvalleymortgageloans.com/ is a direct lender, dealing in FHA, USDA, VA, Conventional, and self-employed mortgage [...]

Lehigh Valley Mortgage Rates at 4 year low!

Now more than ever is the absolute best time to buy a home here in the Lehigh Valley. As a result of the current economic climate, Lehigh Valley Mortgage rates have dropped to the lowest rates they have been in over 4 years. This creates a tremendous buying opportunity for anyone looking to buy real [...]

USDA Insured Home Loans with Zero Down Payment

USDA insured home loan key points:
 
·         100% loan to value, no down payment required!
·         Unlimited seller assist – payment towards buyer’s closing costs
·         Finance closing costs up to the appraised value of the home
·         30-year fixed rate, no balloons, no prepayment penalties, no recapture fess, etc.
·         Current interest rate:  6.50%  (8-29-08, subject to change, borrowers [...]

Buyers flock to FHA, government-backed loans

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Borrowers are flocking to government-insured loans, particularly those offered by the Federal Housing Administration, as they seek to refinance out of costly adjustable-rate mortgages or take out purchase loans with low down payments.  The Mortgage Bankers Association says applications for government-insured loans were up 133.9 percent in July from a year ago, [...]

Bridge Loans Explained

Bridge loans, sometimes known as swing loans, are short term loans intended to access trapped home equity for the purchase of buying a new home.  For example, if John and Mary Homebuyer have their current home for sale and will net $200,000 (equity) after paying their selling costs and current mortgage.  That $200,000 will be [...]