After mourning the loss of our own access to Foreign National loan programs and letting the “Blogiverse” know about it, we have actually come across several new sources for Foreign National loans. We STILL cannot lend on these ourselves, sad to say, BUT I would be more than happy to pass on our contacts to [...]
Posts from ‘October, 2008’
Loan Servicing Transfer vs. Refinancing
From the Arizona Mortgage Guru mailbag:
Question: Well, we just received a notice that IndyMac, who we have a second mortgage with, closed it’s doors. They kindly sent us a notice that they are working with Wells Fargo to offer help refinancing our loan. My concern is this, if we have to go through a “regular” [...]
Blog Makeover
New management means things are going to be a bit different around here. So, we have introduced a new theme to kick things off. I always liked the old theme, but after more than a year, it was time for a change! And if you’re reading this in a reader, you’ll have no idea what [...]
Song for a generation… at least this Friday
It’s short, but is catchy and certainly funny - but bittersweet!
Hat tip: WhatDoesThisSongMeanToMe blog
Mortage Loans for Canadians in Arizona Dries Up
Attention Canadian Nationals!
I am very sad to have to announce that as of about 90 days ago, we no longer offer mortgage financing for Canadian Nationals, or any foreign national, for that matter. We have waited a while before announcing, hoping that perhaps some programs would pop up in the meantime. Sadly, they haven’t. Once [...]
Nearly 1 in 6 Homeowners Upside Down
The Wall Street Journal has a great article today titled “Housing Pain Gauge: Nearly 1 in 6 Owners ‘Under Water’ “. It’ an overview of the current state of housing in the country. It’s not pretty.
The relentless slide in home prices has left nearly one in six U.S. homeowners owing more on a mortgage than [...]
Interest Credit Affects Your First Mortgage Payment Due Date
A common question people ask me when I’m working on a loan is the date of their first payment. The way mortgage payments work, you make your payment at the end of the month. This is different than rent, where you pay at the beginning of the month. Meaning, you pre-pay for the month to [...]
My First Post….
photo credit: Santhosh Janardhanan
Greetings Blog World. Aimee G. here, taking over for Shailesh.
I have some big shoes to fill, but alas… having techno-savvy Shailesh quite accessible, I imagine he will surely continue to be a part of the evolution of the AZMortgageGuru Blog.
I look forward to journeying with you into the depths of the [...]
