USDA Rural Development

There is information out and about that USDA Rural Development is out of money... That is 100% correct! BUT lenders are still underwriting to USDA Rural Development guidelines knowing that funding is simply held up in Congress. Congress will be funding USDA but it is delayed. As for lenders it is still business as usual knowing that funding is on the way!

So yes we still have 100% financing through USDA Rural Development!

to find out if you qualify please contact me at my website: http://www.new-hampshire-home-mortgage.com

Change to FHA Refinances

FHA has changed the cash out refinance loan to value percentage... previously the percentage was 95%. It is now down to 85%.

What this means to you...

If you purchased a home then 1 year later took out a second mortgage to build a garage and your loan to value will be over 85% you will NOT qualify for a Refinance with FHA!

For more information about this significant change please feel free to contact me at my website: http://www.new-hampshire-home-mortgage.com

Treasure your Past, Plan for your Future, Live for Today!

The title of this blog "Treasure your Past, Plan for your Future, Live for Today!" is our company tag line. It means more than just a marketing gimmick. I firmly believe that you need to remember where you came from and your history as this helps define who you are or if you are looking to change, who you were.

Plan for your Future -- You have to do this because it is coming every day. Where do you want to go in life, what do you want out of life? Think about it, make a plan, and make it happen.

Live for today! Because nobody knows what the future brings you have to enjoy today! Be happy with what you have. It is the little things that make life special.

My outlook on life is very positive even in these uncertain economic times. I look forward to talking with you, please contact me via my website at: http://www.new-hampshire-home-mortgage.com

Great Home Improvements for Seniors

Some great Home Improvements for Seniors to be able to stay safely in their homes longer:

1) Levered Doorknobs
2) Grab Bars
3) Levered Faucets
4) Handrails on Stairwells both sides / Also on Steps
5) Grab Bars in Showers
6) Removal of Thresholds in doorways
7) Movable Shower heads
8) Bath & Bedroom on first floor
9) Widened Door Ways to accommodate Wheelchairs
10) Ramps for walkers/wheelchairs

All of these items make your home safer, easier to navigate, easier to live in, and more comfortable.

Many clients have used the proceeds of a reverse mortgage to pay for these improvements. Ask me how! I can be reached through my website at http://www.new-hampshire-home-mortgage.com

Reverse Mortgage Limits INCREASED!

HECM Reverse Mortgage Lending Limits have been increased to $625,500!!! If you were avoiding a Reverse Mortgage due to the value of your home being above the county lending limit this is GREAT news for you!

FHA/HUD has increased the lending limit to $625,500. For more information how this can help you contact me via my website at: http://www.new-hampshire-home-mortgage.com

Seller Paid Closing Costs

In this market Seller are paying for your closing costs... If you ask! Don't worry about what the seller owes or if it is a bank because you only get what you ask for. If you don't ask for the seller to help you pay the costs you will not know. It is a negotiating tool, use it!

For more information on how this will help you contact me via my website at:http://www.new-hampshire-home-mortgage.com