http://www.themtgexpert.com Denise Smith license is currently with American Capital Corp in El Segundo, CA. She holds a real estate license and a NMLS license. Thu, 12 Apr 2012 23:49:17 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.themtgexpert.com/archives/5021 http://www.themtgexpert.com/archives/5021#comments Thu, 12 Apr 2012 23:48:34 +0000 Denise http://www.themtgexpert.com/?p=5021

Mortgage payments must have been paid on time for at least 6 months for Freddie Mac and for Fannie Mae it is a 1 year
Must be DU/LP approved
Full documentation
Upside down on your mortgage- OK



Look up your home and see if it qualifies at:

www.fanniemae.com/loanlookup

www.freddiemac.com/mymortgage

Or you ...]]> http://www.themtgexpert.com/archives/5021/feed 0 http://www.themtgexpert.com/archives/5015 http://www.themtgexpert.com/archives/5015#comments Wed, 14 Mar 2012 17:57:27 +0000 Denise http://www.themtgexpert.com/?p=5015  

 
Breaking News: The Federal Housing Administration has issued a formal letter outlining the details of upcoming increases in the cost of mortgage insurance for FHA loans. The new effective date of the increase for new loan applications is April 9.  If you are thinking of purchasing or refinancing, the time to act is now to beat the increase. Contact us quickly, as we are expecting a rush of applications. Do not wait until the last minute ...]]> http://www.themtgexpert.com/archives/5015/feed 0 http://www.themtgexpert.com/archives/5008 http://www.themtgexpert.com/archives/5008#comments Thu, 23 Feb 2012 18:44:13 +0000 Denise http://www.themtgexpert.com/?p=5008 Harp enhancements include the following:
No maximum Loan to Value ratio for fix rate mortgages.
With this one ...]]> http://www.themtgexpert.com/archives/5008/feed 0 http://www.themtgexpert.com/archives/5004 http://www.themtgexpert.com/archives/5004#comments Mon, 20 Feb 2012 19:02:46 +0000 Denise http://www.themtgexpert.com/?p=5004 If you did not know women buying real estate is growing.  They are one of the top groups that are purchasing real estate today.  Women have concerns that some other groups don’t have such as safety it is a big issue for women.  When I bought my first place it was a condo because it made me feel safer than buying a single family residence.   Now I know about security systems and I feel just as safe buying a ...]]> http://www.themtgexpert.com/archives/5004/feed 0 http://www.themtgexpert.com/archives/4999 http://www.themtgexpert.com/archives/4999#comments Thu, 16 Feb 2012 08:50:13 +0000 Denise http://www.themtgexpert.com/?p=4999 Realtors and builders are taking notice of this trend. In new home construction, builders are putting in extras such as security features, gourmet kitchens and yards with little to no maintenance required.
What else ...]]> http://www.themtgexpert.com/archives/4999/feed 0 http://www.themtgexpert.com/archives/4981 http://www.themtgexpert.com/archives/4981#comments Sat, 11 Feb 2012 02:48:16 +0000 Denise http://www.themtgexpert.com/?p=4981 “Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she’s running out of money. She has lived a very minimal lifestyle for many years as her savings dwindled, and her income is now basically Social Security. She owes $25,000 on a home worth more than $700,000 in a top school district. We don’t know if we are jumping the gun ...]]> http://www.themtgexpert.com/archives/4981/feed 0 http://www.themtgexpert.com/archives/4986 http://www.themtgexpert.com/archives/4986#comments Mon, 06 Feb 2012 22:29:44 +0000 Denise http://www.themtgexpert.com/?p=4986 http://www.themtgexpert.com/archives/4986/feed 0 http://www.themtgexpert.com/archives/4983 http://www.themtgexpert.com/archives/4983#comments Mon, 06 Feb 2012 22:07:11 +0000 Denise http://www.themtgexpert.com/?p=4983 Buying and financing a home is the most important personal financial decision we will make in our lifetime. Over a lifetime, the average homeowner may pay one-half of a million dollars or more in mortgage interest, many times more than any other single expense.

Yet, the process and substance of home finance remains a mystery to the average American. We tend to know much more about our automobiles than we do about mortgages that make our home purchase ...]]> http://www.themtgexpert.com/archives/4983/feed 0 http://www.themtgexpert.com/archives/4959 http://www.themtgexpert.com/archives/4959#comments Sun, 04 Sep 2011 14:30:52 +0000 Denise http://www.themtgexpert.com/?p=4959 Attorney Generals of all 50 states have been suing the big banks over violations of real estate law. Banks transferred their mortgages repeatedly in order to create the infamous mortgage backed securities that were filled with non-performing loans and sold all over the world. But, the banks never paid the taxes and fees due on the transfers and so have opened themselves up to a lawsuit by every state.
A number of 20 billion ...]]> http://www.themtgexpert.com/archives/4959/feed 0