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Nashville TN Real Estate Listings and Nashville Mortgage News and Advice.

Provider: Norstar Mortgage Group
Feed Type: Residential
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Most recent items from this feed:

Nashville Mortgage News- USDA Loan Program Running Out of Funds
Nashville Mortgage News- USDA Loan Program Running Out of Funds The Department of Agriculture, which oversees the USDA loan program has recently announced that its Guaranteed Loan Program will run out of funds by the end of April 2010.  While this does happen every year, it’s usually not until the fall (August/September).  Furthermore, this notice has a [...]
03/18/2010 03:39 PM

New Secondary Market Underwriting Guidelines
A friend sent me this today, and though it’s probably more meaningful to loan officers and others in the mortgage biz, I thought some people might still get a kick out of it… New Secondary Market Underwriting Guidelines 1. All borrowers’ birth certificates will be required with pictures taken in the hospital with medical staff. Birth certificate [...]
03/18/2010 03:39 PM

Documentation You’ll Need to Apply for a Nashville Mortgage
Nashville Mortgage Loan Submisssion Documentation I have purposefully tried to keep my website from being the “typical” mortgage lender website where you have all the usual drop-downs and buttons, but I do get asked often what is needed to proceed with a loan submission, and figured that many people in need of a Nashville mortgage might have the same question.  First, the [...]
03/18/2010 03:39 PM

How A Car Loan Was the Ticket to a Nashville Mortgage Approval
I was speaking with a Nashville mortgage client the other day about her application.  She had found her dream home and was heartbroken to learn that, based on her income and debts, she could only qualify for a $110,000 loan based on her down payment.  Her dream home was $125,000 and there was no way she could [...]
03/18/2010 03:39 PM

A Great Video About What Affects Mortgage Rates
This is a must-see take on how mortgage rates are determined.   It’s probably the best one I’ve ever seen-only 7 minutes long…
03/18/2010 03:39 PM

Nashville Mortgage News- LOW to NO Down Options- THDA Loans
Nashville Mortgage News- LOW to NO Down Options- THDA Loans THDA loans (TN Housing Development Agency)  are designed for first-time buyers, or at least folks who haven’t owned a home in the last 3 years.   There are exceptions, however. For example, if you live in one of the 58 TN “targeted” counties, you don’t have to [...]
03/18/2010 03:39 PM

Nashville Mortgage News- LOW to NO Down Options- FHA Loans
Nashville Mortgage News- LOW to NO Down Options- FHA Loans FHA loans are the most popular program for first time buyer, but fortunately you don’t have to be a first-timer to qualify.  Unlike  loan programs like USDA Rural Development loans, there are no geographical limitations, so you can buy anywhere with FHA.  But, FHA is not [...]
03/18/2010 03:39 PM

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