Miami, Fl — Builders are reporting a sharp drop in the number of buyers looking for new homes now that the federal tax credits have expired.  The National Association of Home Builders said its confidence index sank to 14, its lowest level since March 2009. Readings below (50) indicate that homebuilders have a negative view [...]

Congressman Rubén Hinojosa  COLLABORATES WITH  USDA TO SAVE THE  SECTION 502 SINGLE FAMILY HOUSING GUARANTEED LOAN PROGRAM Washington, DC – U.S. Rep. Rubén Hinojosa (TX-15) was informed by the United States Department of Agriculture (USDA) that Secretary Tom Vilsack has authorized the issuance of Conditional Commitments for USDA’s Section 502 Single Family Housing Guaranteed Loan [...]

What I hope to be able to accomplish with this blog is to make sure that borrowers (and Realtors) know that the loan officer is your advocate when preparing your loan for review with their underwriters and processing staff.  Loan officers have a responsibility to not only our employer but to our borrowers – a [...]

If you are thinking about purchasing a new home, don’t wait until you find the perfect home to get prequalified! Make sure your credit is healthy and find out how much you can qualify for before you find the home of your dreams. This helps insure that you not only choose a home in the [...]