Month: July 29, 2014

Understanding Fannie Mae & Freddie Mac Home Loans in Delray Beach, FL

  Fannie Mae is the nickname to which the Federal National Mortgage Association is given. Freddie Mac is the nickname to which the Federal Home Loan Mortgage Corporation. Both, Fannie Mae and Freddie Mac are government programs. These government companies help to increase the supply of money available for mortgage lenders, thus, increasing the money available for home purchases. Since 2008, both of these companies have been lowering the costs for borrowers as the housing market recovers from the mortgage crisis. The majority of the mortgages in the United States are backed by Fannie Mae or Freddie Mac. That is why it is important for homeowners to know about these two companies and try to get a home loan through Fannie Mae and Freddie Mac. Freddie Mac is supporting the…

Get an Affordable Mortgage Loan in Delray Beach, FL

  Buying a house is exciting. It is one of those concepts that makes you think about “The American Dream.” The excitement is also mixed with anxiety. Homeowners tend to not show that side of their feelings. If they do not have the money to pay the house in full and up front, then they turn to home financing. In order to be able to finance their homes, homeowners will have to try to obtain a mortgage loan. Of course, applying for a mortgage loan requires that the homeowner gives some of their personal information and meets all the requirements for the loan. If, for any reason, the homeowner is denied a mortgage loan, mortgage lender, Ace Mortgage Loan Corporation in Coral Springs, suggests that the homeowner try to get…

Interested in Mortgage Services for Delray Beach?

  A mortgage broker in Delray Beach can be a really valuable asset when it comes to obtaining financing for a new home. Getting pre-approval for a mortgage loan is  going to be important for homebuyers in 2014 and a mortgage broker is well equipped to make that happen . Lending companies are no longer giving away home loans to people who can't afford to pay them back, so it’s important to have a loan secured and ready to go before beginning to look for house that you can afford. Once a loan in Delray Beach is pre-approved, then you can begin to shop around. Some prefer to do this on their own, but working with a realtor can really simplify the overall process. Rather than having to do all…

A Look at Five Kinds of Mortgages Available in Delray Beach, FL

  Ace Mortgage Loan Corporation is a mortgage company in Coral Springs that is determined to help homeowners in Delray Beach and Delray Beach get the home loans they need to be able to buy the houses they want. The home financing experts at Ace Mortgage Loan Corporation like to educate their clients on all the options they have available to them when it comes to financing their home. They go over all the different kinds of mortgages available and then determine which mortgage fits best with their lifestyle. Here is a quick review on the 5 kinds of mortgages available in Delray Beach, FL: Fixed-Rate Mortgage – With this kind of mortgage, your interest rate remains the same all throughout the lifespan of the loan. This loan can be…

How Can I Get Home Financing in Delray Beach?

  There are more than 90,000 people living in Delray Beach and a lot of them are looking for a home loan from a reputable mortgage broker. Delray Beach, FL is a popular destination for many people to buy a home and start a family because of the many perks to living in South Florida. Founded way back in 1909 after swamplands West of Fort Lauderdale were drained and the land settled. Delray Beach is close to both Fort Lauderdale and Miami so there isn’t a shortage of things to do. Buying a home outside of these vacation hot spots is often a great idea because the prices are generally much higher in Florida the closer you get to the ocean. You won’t be able to get a mortgage loan…

Rates and Applications Drop for a Home Mortgage in Delray Beach

  When it comes to reporting on the state of mortgages across the country, there is hardly a more trusted name than the Mortgage Bankers Association. Thanks to their weekly reports the Mortgage Bankers Association keeps everyone in the industry well informed as to the status of mortgage loan rates across the country. This week’s report saw an overall decline in not just the rates on a home mortgage in Delray Beach, but there was also a decline in the number of people filling out mortgage loan applications. For regular folks, the constant fluctuation of mortgage loan interest rates can seem like a lot to handle, but that is why professional mortgage lenders in Delray Beach are ready and standing by to help anyone buy their dream home in South…

Need Help With a Mortgage Loan in Delray Beach?

  Buying a house is an important moment for people of all ages and backgrounds. It is a marker that you are settling down someplace to really start a life. Thanks to the recent ups and downs of the housing market, the fine print of your home loan in Delray Beach can make or break your house purchasing experience as well as your financial situation in the future. Getting assistance from an accomplished and skilled mortgage loan company in Delray Beach, FL can be beneficial to anyone, especially first time homebuyers. One of the most prevalent mistakes made by property buyers is the desire to head right to their bank for all their mortgage needs. A bank is generally more interested in making some money and will offer advice stemming…

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