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Beginning June 15, real estate agents working with distressed homeowners whose loans are backed by Fannie Mae and Freddie Mac should expect to receive a decision on a short sale offer within 30-60 days. The GSEs issued new guidelines Tuesday that fall ...[Read More]
http://www.themreport.com/articles/standard-poors-has-housing-market-hit-bottom-2012-03-13 Standard & Poor’s Tuesday Webinar provided insight into a key industry question – “Is the
housing market bottoming out?” The broad inquiry ...[Read More]
Starting March 19 th Fannie Mae & Freddie Mac will be rolling out HARP 2.0 (Home Affordable Refinance Program) which will allow just about every homeowner to take advantage of today’s rates no matter what your appraised value comes in at ! That’s ...[Read More]
Everyone heads out to look at potential homes with a list of the things they want in a house, and a list of the things they definitely do not want. In addition to that wish list, there are also some other things you will notice about the homes you visit ...[Read More]
March 8, 2012 Proco Joe Moreno 2058 N. Western Ave. Chicago, IL 60647 p. (773) 278-0101 f. (773) 278-2541 ward01@cityofchicago.org For more information, please visit my websites Ward1.org AldermanMoreno.com Upcoming Events Wicker Park Bucktown Mixologist ...[Read More]
Program Guidelines: · Primary & Secondary transactions only · 1-2 units · Max loan amount $3m · Min loan amount $417,001 · 30% down up to $1m, 35% down $1m-$2m, 40% down $2m-$3m · 720 credit score · ...[Read More]
Mike Jennings Capital Financial Bancorp Inc 2538 West Chicago Avenue Chicago, IL 60622 312-493-6021 mjennings@capitalfinancial.net Home Affordable Refinance Program Now Benefits More Borrowers Dear John, Capital Financial Bancorp Inc and I wanted to make ...[Read More]
Happy Holidays! Did you know we are a HomePath lender? If a property your client is interested in is HomePath approved ( www.homepath.com ) they can put down as little as 3% with conventional financing. Furthermore, approved properties do not require monthly ...[Read More]
The HomeStyle® Renovation Program allows your first-time, move up or investor clients buy a home and repair or improve it with just one loan. You can also use it as a refinancing tool to refinance an existing mortgage and borrow funds for improvement ...[Read More]
Assessor Berrios Releases first-year Report Card Makes assessment process more transparent, customer-friendly Chicago – Since taking office on December 6, 2010, Cook County Assessor Joseph Berrios has made marked improvements to the Assessor’s ...[Read More]
Happy Holidays! Did you know we are a HomePath lender? If a property your client is interested in is HomePath approved ( www.homepath.com ) they can put down as little as 3% with conventional financing. Furthermore, approved properties do not require monthly ...[Read More]
13th District Police Station May Be Closed! According to various media sources and local residents, the City may be planning to close the 13th District Wood Street Police Station. We are currently trying to get some facts direct from the source. There ...[Read More]
What a summer! The Do Division Street Fest kicked the summer season off with a great event that raised over $148,000 for the local community! The proceeds got split between the chamber, three local elementary schools, and primarily benefitted the Division ...[Read More]
The Federal Reserve will replace some bonds in their portfolio with longer-term Treasuries in an effort to reduce borrowing costs, the Federal Open Market Committee said today in Washington. The central bank will buy $400 billion worth of bonds with maturities ...[Read More]
Nearly 2,000 people are listed on the Mortgage Foreclosure Surplus Fund list and are owed money. If you lost a home in Cook County due to foreclosure and would like to find out if you are entitled any funds, please click on the following link and you will ...[Read More]
Did you know we are a HomePath lender? If a property your client is interested in is already HomePath approved ( www.homepath.com ) they can put down as little as 3% with conventional financing. Furthermore, approved properties do not require monthly PMI ...[Read More]
Carol Stream, DuPage County - We invite everyone to visit our open house at 904 Waco Dr on June 26 from 11:00 AM to 2:00 PM . Property information[Read More]
HomePath Mortgages: · Minimum Down Payment is 3% but 5% is best. · Investor’s minimum down payment is 10% down. · 2 Unit properties require 20% down regardless of occupancy. · 3-4 units require 25% down regardless of occupancy. ...[Read More]