http://www.WowColoradoMortgageLoans.com Get the Lowest FHA Mortgage Rates Today in Colorado! I Guarantee to Meet or Beat Any Lenders FHA Rates and Terms! Please Let me Know if I can help you get a Colorado FHA Mortgage Refinance or Purchase loan.
Duration : 0:3:7
http://www.WowColordoMortgageLoans.com Please Let me Know if I can help you get a Colorado Mortgage Refinance or Purchase; FHA ; VA; Conventional or Non-Conforming Loans. Colorado First Time buyers; Zero Down; VA Loans;FHA Rehab Loans,FHA 203KS and USDA 100% Loans!
Duration : 0:3:30
Frost Mortgage Lending Group is a nationally FHA licensed mortgage lender established by Greg Frost in 1991, with corporate offices in Albuquerque, NM.
A Full Eagle FHA licensed mortgage bank, Frost Mortgage Lending Group has the power to offer on-site approvals at wholesale mortgage interest rates.
As defined in the official Frost Mortgage Lending Group mission statement, Greg Frost leads his mortgage banking organization by placing integrity in lending, full disclosure, and constant communication at the top of the priority list.
With several mortgage branch offices and partners around the country, Frost Mortgage Lending Group is quickly expanding operations by providing 48 hour underwriting, aggressive mortgage rates, and progressive technology solutions that better serve clients and affiliates.
Part of the PRMI family, Frost Mortgage Lending Groups clients, referral alliances, and Branch Partners can be confident about the companys financial security and limited exposure to cyclical market conditions.
Greg Frost has a proven track record as the first Billion Dollar producer. Gregs Albuquerque team regularly originates over 800 loans each year. Last year, his team originated financing for 5.5% of all re-sales as reported through the Albuquerque Board of Realtors®, which translates to 1 out of 19 home buyers in Albuquerque, NM alone.
Experience, service, and solutions are what can be expected when working with the Greg Frost Team.
Duration : 0:0:45
Colorado Springs Mortgage Lender Melanie Henn and her team. Specializing in VA, FHA, Conventional, Refinance, & Streamline loans. Over 19 years Lending experience and prior military service. Call us FIRST! (719) 499-8061 or (719) 434-8394 7680 Goddard St. Ste. 201, Colorado Springs, CO 80920
Duration : 0:1:58
Expand the description and view the text of the steps for this how-to video.
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If your home has an FHA-insured mortgage, learn how to get a lower fixed-rate FHA streamlined refinance loan.
To complete this How-To you will need:
Current FHA loan documents
Your credit score
A lender
A loan application
Escrow statements (optional)
Closing statements (optional)
Step 1: Find out if you have an FHA mortgage
Locate your loan documents and look for a 10-digit FHA case number to find out if have an FHA-insured mortgage. Your current mortgage must be FHA insured to qualify for an FHA streamlined mortgage refinance.
Tip: FHA case numbers can also be found on escrow account statements and original mortgage closing statements.
Step 2: Contact lender
Contact your original FHA mortgage lender and ask if they originate FHA streamlined mortgage refinances. If they don’t, contact other lenders.
Step 3: Find out your FICO credit score
Find out your FICO credit score, a factor in determining if you qualify for an FHA streamlined mortgage refinance.
Tip: 720 or higher is an excellent score. 660 to 719 is good. 620 to 659 is average. 619 and below is below average.
Step 4: Complete application
Choose a lender and fill out an FHA streamlined mortgage application. Loan approvals are determined by the review and verifications of the private lender.
Thanks for watching How To Streamline Your FHA Mortgage! If you enjoyed this video subscribe to the Howcast YouTube channel! http://www.youtube.com/subscription_center?add_user=howcast
Duration : 0:1:25
http://www.DiversifiedMTG.net
we provide the best home mortgage and loan rates for buyers and your home refinance needs.
Duration : 0:0:47
Confessions of a messed up mortgage broker. This broker’s identity has been witheld during this candid interview.
Duration : 0:4:24
Another Radio Interview from a TeachMeHomeLoans.com user. She saved a ton on her loan, and was empowered to not get taken advantage of. Teach Me Home Loans Secret System changed her life forever. It also teaches FHA, VA, Mortgages, Reverse, Morgage, Home Loan Shopping, Lower Interest Rates, Government, Fixed Loans, Short Sales, Refinance, Purchases, First time Homebuyers, Education, Credit Crunch, Neg Am, Lose House, Save House, Radio Show, www.teachmehomeloans.com
Duration : 0:2:53
http://realestatemarketingthisweek.com/real-estate/congressman-barney-frank-is-calling-for-the-restructure-of-the-loan-servicing-business/ – Congressman Barney Frank is calling for the restructure of the loan servicing business –
Part 2 – Well, in the past we have talked a lot about loan modifications and since the first time we started talking about loan modifications the whole space has changed. Everything about loan modifications since our very first broadcast talking about it, we don’t talk about it every week, but we do talk about it allot. It has changed so much, when we started anybody who had a significant hardship, or financial hardship, or had one of these toxic mortgages, that had adjusted, would be able to qualify for a loan modification. These things have changed all of a sudden, and not all across the board. Brett you made a comment earlier that people are concerned that once these servicers do these modifications they could be subject to lawsuits right?
Yes, it is amazing how quickly things have changed over the course of the last couple of weeks, it seems this information, and this news is changing almost hour by hour, at this point one of the things that came out regarding this mortgage modification program is from Barney Frank, “Congress should act to restructure the servicing of home mortgages.” So the idea is that they are catching on to something that you and your team at velocity financial were ahead of the curve on in terms of loan modifications.
Knowing that those rules for a hardship and why you are entitled to one have definitely changed. Now it is more of a situation where in order to stop foreclosure, to stop the problems associated with this mass foreclosure market place, modifications are being talked about amongst the banks now. Barney Franks comments today, he stressed how these voluntary inducements to get these private entities to protect homeowners from the government has fallen short, and Hank Paulson has fallen short of putting their weight behind this concept.
Although I personally believe that is the next evolution of this. Loan Modifications are a critical step for people who are feeling this economic crisis, and for people who want to stay in a home, for people who need this type of assistance. The idea is you have a short window of opportunity here before something else significant changes where you may no longer be entitled to.
You heard Citigroup, you know this we talked about it, Citigroup came out and made the announcement that they were going to suspend their pursuit of foreclosures in certain areas of the country that have the highest unemployment rate, that was the caveat. We will see how big the scope of that gets, but the whole idea is for you as a mortgage owner, as a home owner with a mortgage, if you need to establish a modification to an existing loan, in order to have more favorable terms in interest, a more favorable monthly payment, a way to keep that home, you have to look at this option.
Yes, and I appreciate you saying that one of the things that Citigroup announced they were going to be doing was giving people teaser rates of 1%. Look anybody with a brain can realize that that is ludicrous. What got us into this situation in the first place was huge banks, just like that one, giving people toxic mortgages, with fake interest rates, and pick your own payment, do whatever the heck you want to. It is exactly what they are trying to do again.
Essentially what they are talking about is giving people a short window of a very low interest rate, but they are going to be back in the same situation in the future. That’s why the loan modifications that we do, that we hire on your behalf, the national network of attorney’s that we use. We go for the throat, we are not looking to get you a 1% interest rate for the next 12 months. We are looking to get you a lifelong, or for the term of the loan if possible, the very lowest interest rate available, and fix it or extend the term so you can actually sustain that payment well beyond the short term.
One thing I want to point out before we have to go to a break, if you know of anyone out there, that has a GMAC mortgage, whether it be a GMAC first mortgage or second mortgage, you have got to tune in to the second segment you are not going to believe this scam that’s out there, going against people with these loans… http://realestatemarketingthisweek.com
Duration : 0:5:49
Tax on 1099C, Cancellation of Debt Income; Short Sale, Loan Modification & Foreclosure. Exception; Mortgage Forgiveness Debt Relief Act, Bankruptcy & Insolvency. Go To http://RealEstateMarketingThisWeek.com
Part 1 (Excerpt)
Expert tax advice from a CPA regarding a real estate related issues
Today’s show has a timely message. We have with us, an expert in the tax ramifications of the different types of mortgage situations that people find themselves in, we have brought in Mike Patenella, that I will introduce in just a moment, as well as Brett Fallon is back with us. Were going to be talking about the tax ramifications of short sales, foreclosures, and some of the different types of loan modifications.
Now if you listen to our show regularly, of course you know, we have been over the last several weeks, talking about loan modifications, but we have been getting hundreds of e-mails and calls requesting more information on the loan modifications. There are also some interesting questions that people ask about whats going to happen in regard to taxes. Thats the one thing that so many people are not talking about.
Well we need to talk about it. Its something that we need to bring to you that you can hear and thats what were going to focus the majority of today’s show on. Before I introduce Mike I need to introduce one of my very best friends and the best financial advisor I have ever known, Brett Fallon. Brett thanks for being on the show today.
Brett also has some information in regard to the markets and there is some really great, exciting stuff out there. But before I throw that back over to Brett, we have our expert guest today. He is a CPA and his name is Mike Patenella, thank you for being on the air with us today.
Mike is an expert in taxes, he is a CPA, he knows the ins and outs of all matters tax. His expertise in this particular area is widespread. Mike is an expert and will have specific answers to questions that we have put together. If you have had a foreclosure or youre facing foreclosure or if youre considering a short sale or bankruptcy, any number of things. Were going to touch on each just a little bit.
But we have a few numbers on our staff who are experts in loan modifications, we have put together a great video that helps explain the process, it’s about seven minutes long. And we will get that sent out to you in immediately.
Duration : 0:5:25