With today's current real estate market in the Louisville KY area and the Nation, inventory is down. Inventory is hovering at a 3 month supply in our area and that makes it ...
View MoreFollowing the financial crisis of 2008, the Obama administration passed the Dodd-Frank Wall Street and Consumer Protection Act which, in an effort to clean up the mortgage industry, imposed stricter regulations around lending. The legislation completely changed the mortgage industry and made it much more challenging to secure a loan ...
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When applying for a home mortgage loan, almost every aspect of the applicant’s financial life is analyzed – one of those being debt. Unfortunately, applicants with student loan debt are often rejected from being able to obtain a home mortgage loan due to their debt-to-income ratio. Recently, Fannie Mae announced ...
Working with the professional loan officer to buy your home is one of the keys to a smooth real estate transaction.
Sitting on a small regional plane this week, I had the brief discussion with my seatmate about using local mortgage companies instead of the big banks ...
There are down payment assistance options available in the Louisville Kentucky Market right now!
$5000 is available for qualified buyers that meet certain income restrictions. Take a look!
These funds are available through certain lenders at this time--Courtesy of Dan McIntyre with Republic Bank
For homebuyers looking to get a mortgage backed by the Federal Housing Administration, things are about to get easier – and less expensive.
The FHA announced today that they are cutting their annual mortgage insurance premium from .85 percent to .60 percent. National Association of Realtors® President William E. Brown ...
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