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Close a Loan, Receive a FREE Netbook!

Published on 2011-06-30 11:03:29

We want your mortgage business. And we want to help more people realize the American Dream of home ownership. To show our appreciation we are giving away a Toshiba Netbook to our customers when they close a loan to purchase a home. This is a promotio

New Look, More Sharing

Published on 2011-06-22 13:06:38

We are pleased to announce the arrival of our updated blog. In order to stay current with the ever changing social media landscape we are adding several new features. Here are some of the highlights of the changes:

USDA Re-Structuring Fees to Make the Program More Stable

Published on 2011-06-08 04:07:52

The upfront fee has been 3.5% of the total loan amount for some time now. This fee could be added into the loan amount and repaid over time. But now the fee is going to be lowered to 2% and an annual fee of 0.3% of the outstanding balance will be cha

Conventional Loans Show Increases in Sales and Credit Scores

Published on 2011-05-17 08:58:35

There is some good news about the housing industry. Although the average price of a home has decreased overall sales of homes have shown a definite increase. In the past eight months, six months have shown an increase in sales. Although it is lower t

Items First Time Home Buyers Need to Know: Part 4 – Pre-qualify

Published on 2011-05-06 11:35:02

Many fall in love with the idea of buying a new home. Unfortunately, that euphoric feeling causes people to get details and plans mixed up. Buying a home is a wonderful investment, but it should be approached with the right strategy. BEFORE finding a

Items First Time Buyers Need to Know: Part 3 – The Loan Process

Published on 2011-04-24 23:08:25

Although buying a home usually requires getting a loan, this type of loan is very different from other types of lending. Here are some of the typical steps involved in the loan process for first time home owners.

Items First Time Buyers Need to Know: Part 2 – Understanding the Mortgage Payment

Published on 2011-04-15 13:11:48

Understanding a mortgage payment is very important for a first time home buyer. Most loans, such as for a car, are fairly simple to understand because it usually involves just two parts, the principal payment and the interest payment. However, that i

Items First Time Home Buyers Need to Know: Part 1 – Available Mortgage Programs

Published on 2011-04-06 11:03:27

It is assumed in this country that any reasonably intelligent adult understands the basic points of a mortgage before purchasing a home. However, lots of people don't know how to change the oil in a car they own. Likewise, millions of people own comp

If you qualify, a VA Loan is your best option

Published on 2011-03-28 22:56:07

It is human nature to want the best that life has to offer. Whether it is a nice car, nice clothes or a nice home, people want the best that they can afford. In the world of mortgages, a VA loan is one of the best loans currently available. Here are

Mortgage Rates in Wisconsin Illinois Minnesota Florida 03-17-2011

Published on 2011-03-17 08:29:04

Mortgage rates in Illinois, Wisconsin, Minnesota and Florida as of 03-17-2011. Current rate trend: Steady. We quote 30 and 15 year fixed, FHA, VA, USDA 30 year fixed and Jumbo mortgage rates. Also serving Minneapolis, Chicago, Streamwood, Carol Strea

What Type of Improvements are Allowed with the FHA 203k Loan?

Published on 2011-03-14 11:50:49

The FHA 203k loan is a great way for people to either purchase a home in need of repairs or remodel an existing home. Customers can use one loan to either purchase or refinance a home and also make necessary repairs or improvements to the property. H

What Type of Improvements are Allowed with the FHA 203k Loan?

Published on 2011-03-14 11:50:49

The FHA 203k loan is a great way for people to either purchase a home in need of repairs or remodel an existing home. Customers can use one loan to either purchase or refinance a home and also make necessary repairs or improvements to the property. H

First Time Home Buyer Programs – FHA, VA and USDA

Published on 2011-03-01 14:05:06

Buying a home can seem like an overwhelming event. And first time home buyers can feel almost hopeless in the intricate details and transactions. However, there are some programs that seem especially favorable to people looking to get their first ho

First Time Home Buyer Programs – FHA, VA and USDA

Published on 2011-03-01 14:05:06

Buying a home can seem like an overwhelming event. And first time home buyers can feel almost hopeless in the intricate details and transactions. However, there are some programs that seem especially favorable to people looking to get their first ho

Do I Need a Licensed Contractor to Complete the Rehab Project on My Home?

Published on 2011-02-22 11:24:54

People that are looking to add value to their current home or simply change the look and feel of the property often turn to licensed contractors to handle the whole project. Generally speaking, this is sound advice that should be followed by anyone l

Do I Need a Licensed Contractor to Complete the Rehab Project on My Home?

Published on 2011-02-22 11:24:54

People that are looking to add value to their current home or simply change the look and feel of the property often turn to licensed contractors to handle the whole project. Generally speaking, this is sound advice that should be followed by anyone l

HUD Announces FHA Mortgage Insurance Premiums Effective April 18 2011

Published on 2011-02-16 12:06:58

Effective April 18, 2011 The charts below illustrate the 25 basis points (bps) increase in the Annual FHA Mortgage Insurance Premiums. There are no changes to the Upfront Mortgage Insurance Premium (UFMIP).

HUD Announces FHA Mortgage Insurance Premiums Effective April 18 2011

Published on 2011-02-16 12:06:58

Effective April 18, 2011 The charts below illustrate the 25 basis points (bps) increase in the Annual FHA Mortgage Insurance Premiums. There are no changes to the Upfront Mortgage Insurance Premium (UFMIP).

Reverse Mortgage Basics

Published on 2011-02-10 11:06:18

With the large number of baby boomers reaching retirement age and beyond, the reverse mortgage in Wisconsin, Illinois, Minnesota and Florida has gained in popularity over the last couple of years. The following outline will explain the basics of the

Reverse Mortgage Basics

Published on 2011-02-10 11:06:18

With the large number of baby boomers reaching retirement age and beyond, the reverse mortgage in Wisconsin, Illinois, Minnesota and Florida has gained in popularity over the last couple of years. The following outline will explain the basics of the

Mortgage Rates in Wisconsin Illinois Minnesota Florida 02-03-2011

Published on 2011-02-03 07:34:04

Mortgage rates in Illinois, Wisconsin, Minnesota and Florida as of 02-03-2011. Current rate trend: Worsening. We quote 30 and 15 year fixed, FHA, VA, USDA 30 year fixed and Jumbo mortgage rates. Also serving Minneapolis, Chicago, Streamwood, Carol St

In order to Serve You Better, We Have Set up Shop in ONE Place

Published on 2011-01-28 14:35:13

We wanted to let all of our customers know that we have recently combined the Madison East office with the Madison West office. All of our staff and files are now located at the new Madison West location of 368 Junction Road Madison, WI 53717.

In order to Serve You Better, We Have Set up Shop in ONE Place

Published on 2011-01-28 14:35:13

We wanted to let all of our customers know that we have recently combined the Madison East office with the Madison West office. All of our staff and files are now located at the new Madison West location of 368 Junction Road Madison, WI 53717.

FHA 203k Purchase – New Loan for Old Homes

Published on 2011-01-25 12:23:49

For years homeowners had to face a tough decision. Buy a home in a good area that really stretched their budget or buy an older home, at a cheaper price, and repair it over time? The main problem most people faced in the decision to buy the older hom

FHA 203k Purchase – New Loan for Old Homes

Published on 2011-01-25 12:23:49

For years homeowners had to face a tough decision. Buy a home in a good area that really stretched their budget or buy an older home, at a cheaper price, and repair it over time? The main problem most people faced in the decision to buy the older hom

Homeowners under Water with Current Balance Get Help from Freddie Mac

Published on 2011-01-11 12:02:49

Homeowners that have wanted to take advantage of the super low mortgage rates but were held back due to the high balance compared to their home's value have some good news. The Freddie Mac Open Access program allows people to borrow up to 125% of the

Homeowners under Water with Current Balance Get Help from Freddie Mac

Published on 2011-01-11 12:02:49

Homeowners that have wanted to take advantage of the super low mortgage rates but were held back due to the high balance compared to their home's value have some good news. The Freddie Mac Open Access program allows people to borrow up to 125% of the

Thank You and Happy New Year!

Published on 2010-12-30 11:23:03

During this time of year many people reflect on the accomplishments from the past and make plans to prosper in the future. At Inlanta Mortgage we have different groups of people we would like to address and express our sincere gratitude.

Thank You and Happy New Year!

Published on 2010-12-30 11:23:03

During this time of year many people reflect on the accomplishments from the past and make plans to prosper in the future. At Inlanta Mortgage we have different groups of people we would like to address and express our sincere gratitude.

Homeowners with Balances Higher Than Value Can Still Refinance Until June 2011 under HARP

Published on 2010-12-22 12:07:59

In March of 2010 homeowners with decreased home values received some good news from the director of the Home Affordable Refinance Program (HARP). The Fannie Mae DU Refinance Plus (a HARP program) has been extended until June 30, 2011. The Fannie Mae

First Time Home Buyer Information: The Loan Process Part 4 – Closing

Published on 2010-12-10 10:57:43

In the final part of this Illinois Minnesota Florida and Wisconsin first time home buyer mini series we talk about the fun stuff: closing. This is where the borrower actually gets the keys to their new home and takes legal ownership of the home. If y

First Time Home Buyer Information: The Loan Process Part 3 – Underwriting

Published on 2010-11-29 11:37:06

In this third installment of the first time home buyer mini series we will explain underwriting. This is where the ultimate decision is made to approve a loan and it is also the least understood portion of the entire process.

First Time Home Buyer Information: The Loan Process Part 2 – Processing

Published on 2010-11-19 10:57:41

This is the second part of a mini series dedicated to providing more information about the entire mortgage process for first time home buyers. The first part dealt with the application. In this article the processing phase will be explained.

First Time Home Buyer Information: The Loan Process Part 1 – Application

Published on 2010-11-09 11:51:27

Many people think that getting a mortgage loan is just as simple as a car loan. However, nothing could be further from the truth. A mortgage is a very detailed loan that requires a number of documents and the correct procedures in order to complete t